Dai-ichi Life Holdings (FRA:QHH) Scaled Net Operating Assets : N/A (As of Sep. 2024)

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What is Dai-ichi Life Holdings Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Dai-ichi Life Holdings's operating assets for the quarter that ended in Sep. 2024 was €425,545 Mil. Dai-ichi Life Holdings's operating liabilities for the quarter that ended in Sep. 2024 was €408,985 Mil. Dai-ichi Life Holdings's Total Assets for the quarter that ended in Jun. 2024 was €0 Mil. Therefore, Dai-ichi Life Holdings's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was N/A.

Dai-ichi Life Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Dai-ichi Life Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Mar. 2024 )
=	(Operating Assets (A: Mar. 2024 )	-	Operating Liabilities (A: Mar. 2024 ))	/	Total Assets (A: Mar. 2023 )
=	(402071.716	-	384920.421)	/	430814.772
=	0.04

where

	Operating Assets		(A: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	414748.798	-	12677.082
=	402071.716

	Operating Liabilities		(A: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	390909.418	-	5988.997	-	0
=	384920.421

Dai-ichi Life Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(425545.324	-	408984.809)	/	0
=	N/A

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	437889.555	-	12344.231
=	425545.324

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	415301.496	-	6316.687	-	0
=	408984.809

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dai-ichi Life Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dai-ichi Life Holdings Inc (FRA:QHH) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

DLICY:USA 8750:Japan QHH:Germany

Address

13-1, Yurakucho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8411

Website

https://www.dai-ichi-life-hd.com

Daiichi Life is Japan's second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of around 11% of annualized net premiums. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Daiichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, TAL in Australia accounts for 7%, and Daiichi Life Vietnam around 5%. Daiichi also holds a 30% economic interest in Mizuho's Asset Management One.