MS&AD Insurance Group Holdings, Inc.
8725・Prime Market・Insurance
Governance
As a company with an Audit and Supervisory Committee, the company has 13 directors (a majority of whom are independent outside directors), and has established a Nomination Committee, a Compensation Committee, and a Governance Committee (each chaired by, and with a majority of members being, outside directors). The company has built a highly transparent governance structure by separating the oversight function of the Board of Directors from the business execution function performed by executive officers.
Risk Management
The company has established an integrated risk management framework, centered on the ERM Committee, that manages risk, return, and capital in a balanced manner. For natural catastrophe risk, risk limits are set based on a once-in-200-years probability standard, and the company works to maintain the financial soundness of the group as a whole through reinsurance procurement, strengthened underwriting, and cooperation with external institutions.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥160 per share (interim ¥77.5 + year-end ¥82.5), total dividends of ¥235,617 million, payout ratio of 46.6%. FY2027 (ending March 2027) forecast is ¥170 (interim ¥85 + year-end ¥85), with a forecast payout ratio of 58.0%. In addition to ordinary dividends, special dividends continue to be paid. Share buybacks were also conducted (¥221,499 million acquired during the period).
Dividend Policy
While maintaining a policy of not reducing ordinary dividends, the company returns profits arising from the accelerated impact of policy shareholding sales as special dividends. For FY2026 (ending March 2026), the ordinary dividend is ¥125 plus a special dividend of ¥35, totaling ¥160 per year (up ¥15 year-on-year). For FY2027 (ending March 2027), the forecast is an ordinary dividend of ¥140 plus a special dividend of ¥30, totaling ¥170 per year. The payout ratio target is set on a consolidated basis, with the FY2027 (ending March 2027) forecast payout ratio at 58.0%. Dividends are paid twice a year, at interim and year-end. Share buybacks are also conducted as part of shareholder returns, with ¥221,499 million acquired during the current period.
ESG
As part of its climate change response, the company has set targets to reduce Scope 1+2 emissions by 70% by FY2030 (versus FY2019) and achieve net zero by FY2050 (FY2024 actual: -40.0%). In terms of human capital, the company has set KPIs including a 30% ratio of female managers (target for end of FY2030), 11,549 digital talent personnel, and a 104.8% male childcare leave take-up rate, and is working to promote diversity, develop talent, and improve well-being.
Last updated: June 30, 2026