Tokio Marine Holdings, Inc.
8766・Prime Market・Insurance
Governance
A hybrid governance structure combining a Board of Corporate Auditors with a voluntary Nomination Committee and Compensation Committee. The Board of Directors currently comprises 13 members (including 7 outside directors), and the company plans to transition to a Company with an Audit and Supervisory Committee, subject to approval at the Ordinary General Meeting of Shareholders in June 2026.
Risk Management
Based on risk-based management (ERM), the Group comprehensively identifies risks across the entire Group from both qualitative and quantitative perspectives. A framework has been established whereby matters are deliberated by the ERM Committee before being reported to the Management Council and the Board of Directors, through which key risks such as climate change, cyberattacks, and natural disasters, as well as emerging risks, are identified and managed.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) was ¥218 (interim ¥105.50, year-end ¥112.50), with a payout ratio of 78.0%. The forecast for FY2027 (ending March 2027) is ¥245 (payout ratio 55.5%). As a subsequent event, the company resolved to dispose of treasury shares via third-party allotment to National Indemnity Company, a subsidiary of Berkshire Hathaway (48,207,200 shares at ¥5,962 per share), and to conduct a share buyback of up to ¥130.0 billion / 130,000,000 shares.
Dividend Policy
Dividends are paid twice a year, as an interim dividend and a year-end dividend. FY2026 (ending March 2026) results: interim ¥105.50, year-end ¥112.50, annual total ¥218, total dividends paid ¥412,485 million, payout ratio 78.0%, dividend on equity attributable to owners of the parent 5.5%. FY2027 (ending March 2027) forecast: interim ¥122.50, year-end ¥122.50, annual total ¥245, payout ratio 55.5%. The policy aims for continued dividend increases driven by strong earnings growth.
ESG
The company has set net-zero (including insurance underwriting and investment/loan portfolios) by 2050 as a long-term goal, and is promoting climate change countermeasures, natural capital conservation, human capital enhancement, and diversity promotion as eight priority areas. Sustainability non-financial indicators (10%) have been incorporated into executives' performance-linked compensation, and a governance structure has been established in which the Sustainability Committee deliberates four times a year and the Board of Directors provides oversight.
Last updated: June 26, 2026