EarningsQ4 2024 Earnings Report

Tokio Marine Holdings (TKOMF) Q4 2024 Earnings Report

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Previous Report: Q3 2024

Next Report: Q1 2025

TKOMF Q4 2024 EPS Results

Actual EPS$0.04

Consensus EPS―

Beat/Miss―

One Year Ago EPS$0.04

TKOMF Q4 2024 Revenue Results

Actual Revenue$10.23B

Expected Revenue―

Beat/Miss―

YoY Revenue Growth-5.67%

Earnings Announcement Details

QuarterQ4 2024

Date05/20/2025

TimeBefore Open

Conference CallTuesday, May 20, 2025

TKOMF Upcoming Earnings

Tokio Marine Holdings's next earnings date is estimated for November 19, 2026, based on past reporting schedules.

Q4 2024 Earnings Call Audio

No earnings call audio is available for this earnings event.

Q4 2024 Earnings Slide Deck

No slide deck is available for this earnings event.

Q4 2024 Earnings Call Summary

Q4 2024

Earnings Call Date:May 20, 2025|

% Change Since:

Earnings Call Sentiment|Positive

The earnings call showcased strong financial performance and growth in FY 2024, with positive forecasts for FY 2025. However, challenges such as social inflation in North America, a decrease in life insurance premiums, and concerns with CRE loans and repair costs due to inflation were highlighted.

Company Guidance

During the FY 2024 results and FY 2025 presentation call, several key metrics were highlighted. For FY 2024, Tokio Marine reported an adjusted net income of JPY 680.9 billion, which was JPY 27.9 billion higher than the forecast in February, primarily due to the yen's appreciation against foreign currencies. The normalized adjusted net income was JPY 679.0 billion, marking a 14% year-over-year growth. The company's sales of business-related equities reached JPY 922 billion, exceeding forecasts by JPY 10 billion, contributing to an adjusted net income, including these gains, of JPY 1.215 trillion. For FY 2025, the company projects an adjusted net income of JPY 700 billion, excluding gains from equity sales, indicating a 3% growth from the previous year's normalized income. The forecasted sales of business-related equities remain at JPY 600 billion, with an expected adjusted net income of JPY 1.100 trillion after completing these sales. Shareholder returns are planned to increase, with a dividend per share (DPS) growth of 40% in FY 2024, resulting in a DPS of JPY 172, and a further increase to JPY 210 in FY 2025, representing a 22% growth. The company also announced a share buyback plan of JPY 220 billion for FY 2025, with JPY 110 billion approved for immediate repurchase.

Strong Financial Performance in FY 2024

Adjusted net income for FY 2024 was JPY680.9 billion, exceeding the February forecast by JPY27.9 billion, with a year-over-year growth of 14%.

Increased Dividend Payout

DPS for fiscal year 2024 was JPY172, an increase of JPY10 over the forecast at mid-year, resulting in a 40% growth. DPS for fiscal 2025 is projected to increase by JPY38 to JPY210, a growth of 22%.

Successful Sale of Business-Related Equities

Sales of business-related equities amounted to JPY922 billion in FY 2024, exceeding the February forecast by JPY10 billion and 1.5x higher than the initial forecast.

Steady Growth Forecast for FY 2025

Forecast for fiscal 2025 is JPY700 billion excluding gains on sales, with expected 3% growth, driven by strong performance of international business and rate increase in Japan P&C.

Planned Share Buybacks

For fiscal 2025, the company plans to repurchase JPY220 billion of its own shares, with JPY110 billion already approved.

TKOMF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change
Nov 19, 2026	2026 (Q2)	0.05 / -	0.049	―
Aug 12, 2026	2026 (Q1)	0.05 / 0.06	0.103	-43.21% (-0.04)
May 20, 2026	2025 (Q4)	0.05 / 0.02	0.035	-46.71% (-0.02)
Feb 13, 2026	2025 (Q3)	0.03 / 0.05	0.045	4.43% (<+0.01)
Nov 19, 2025	2025 (Q2)	- / 0.05	0.106	-53.88% (-0.06)
Aug 07, 2025	2025 (Q1)	- / 0.10	0.042	142.07% (+0.06)
May 20, 2025	2024 (Q4)	- / 0.04	0.038	-7.31% (>-0.01)
Feb 14, 2025	2024 (Q3)	- / 0.05	0.067	-32.18% (-0.02)
Nov 19, 2024	2024 (Q2)	- / 0.11	0.016	542.83% (+0.09)
Aug 06, 2024	2024 (Q1)	- / 0.04	0.027	56.26% (+0.02)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed