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Japanese non-life (property & casualty) insurance group formed from Mitsui Sumitomo and Aioi/Nissay Dowa insurers.
Japanese non-life (property & casualty) insurance group formed from Mitsui Sumitomo and Aioi/Nissay Dowa insurers.
Earns premiums on motor, fire and corporate cover sold mainly through agents, plus investment income on the premiums it holds. The group is a holding company over two big domestic insurers, Mitsui Sumitomo and Aioi Nissay Dowa, run as separate brands. Overseas, MS Amlin trades at Lloyd's of London, the specialist insurance market.
In one line: Japan's Allstate/Travelers.
Moat: narrow (scale, brand, distribution). One of Japan's largest P&C insurers with an extensive agent network built through decades of consolidation.
Headquarters: Tokyo, Japan · Founded: 2008 · Employees: 46,856
Size Ms&ad Ins Gp Hldgs (8725.T) is a Japan Financials company (Multi-Line Insurance) with a market value of $44.4B, the 35th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥4,930 on 6 Nov 2026.
Performance Over six months the shares gained 22.2%, against +14.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 20.7% over the last twelve months (peer median +8.0%); the operating margin is 24.2% (peer median 16.8%).
Valuation It trades at 1.07× book value against a peer median of 1.78× (4th cheapest of 21).
Price implies The share price implies a return on equity of about 6.9%; Ms&ad Ins Gp Hldgs delivers 16.6%, so the price asks less than the business earns today.
Next results Next results expected around 19 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥7.93T | ¥7.11T | ¥6.44T | ¥6.12T | ¥5.11T |
| Revenue growth | — | +10% | +5% | +20% | — |
| Net income | ¥893B | ¥511B | ¥300B | ¥369B | ¥211B |
| Free cash flow | n/a | ¥923B | ¥684B | ¥527B | ¥170B |
| Capital expenditure | n/a | ¥93.1B | ¥89.6B | ¥84.9B | ¥81.6B |
| Total debt | ¥1.70T | ¥1.60T | ¥1.22T | ¥744B | ¥843B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Ms&ad Ins Gp Hldgs 8725.T | $44.4B | +22% | +21% | 17% | 1.07× | 6.9% |
| Tokio Marine 8766.T | $105B | +35% | 0% | 12% | 1.98× | 6.7% |
| Sompo 8630.T | $39.6B | +17% | +41% | 15% | 1.14× | 6.2% |
| Allstate ALL | $64.4B | +20% | +6% | 46% | 2.04× | 9.9% |
| Travelers Companies (The) TRV | $81.0B | +33% | +1% | 28% | 2.79× | 13.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 8725.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.0% | +3.5% | 7th lowest of 21 |
| 6-month return | +22.2% | +14.9% | 4th highest of 21 |
| Return on equity | 16.6% | 16.0% | 10th highest of 21 |
| Price / book | 1.07× | 1.78× | 4th cheapest of 21 |
| Trailing P/E | 8.2× | 12.2× | 3rd cheapest of 21 |
| ROE the price implies | 6.9% | 10.9% | 5th least demanding of 21 |
| ROE delivered | 16.6% | 16.0% | 10th highest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Ms&ad Ins Gp Hldgs 8725.T | Japan | $44.4B | +22% | +21% | 17% | 1.07× | 6.9% | 16.6% |
| People's Insurance Co. (Group) of China 601319.SS | China | $44.4B | +1% | +4% | 10% | 0.96× | 6.0% | 9.7% |
| China Pacific Insurance (Group) 601601.SS | China | $42.6B | -14% | +4% | 14% | 0.93× | 8.2% | 14.4% |
| Power Corporation of Canada POW.TO | Canada | $40.7B | +16% | +10% | 11% | 2.42× | 15.9% | 11.0% |
| American International AIG | United States | $40.7B | +2% | +1% | 8% | 1.04× | 7.5% | 8.2% |
| Sun Life Financial SLF.TO | Canada | $40.1B | +7% | -1% | 13% | 2.38× | 13.7% | 13.5% |
| Sompo 8630.T | Japan | $39.6B | +17% | +41% | 15% | 1.14× | 6.2% | 14.6% |
| Swiss Re SREN.SW | Switzerland | $50.6B | +27% | -12% | 20% | 2.27× | 6.1% | 20.4% |
| Arch Capital ACGL | United States | $36.6B | +14% | -5% | 19% | 1.58× | 8.3% | 18.7% |
| Great-West Lifeco GWO.TO | Canada | $57.4B | +18% | +4% | 16% | 3.02× | 15.7% | 16.0% |
| Prudential plc Sponsored ADR PUK | United States | $31.7B | -21% | +39% | 19% | 1.56× | 11.4% | 19.2% |
| Aflac AFL | United States | $62.2B | +10% | +14% | 17% | 2.06× | 12.5% | 16.9% |
| MetLife MET | United States | $62.4B | +27% | +9% | 13% | 2.28× | 16.2% | 13.2% |
| Fubon Financial Hldg 2881.TW | Taiwan | $62.7B | +66% | +12% | 16% | 1.66× | 7.4% | 16.0% |
| Prudential 2378.HK | Hong Kong | $30.8B | -24% | +30% | 19% | 1.54× | 11.3% | 19.3% |
| Allstate ALL | United States | $64.4B | +20% | +6% | 46% | 2.04× | 9.9% | 46.1% |
| Aviva AV..L | United Kingdom | $29.5B | +18% | +86% | 7% | 2.46× | 23.8% | 6.8% |
| Cincinnati Financial CINF | United States | $28.5B | +15% | +10% | 17% | 1.76× | 10.6% | 16.9% |
| W. R. Berkley WRB | United States | $27.9B | +16% | +1% | 19% | 2.91× | 12.8% | 19.2% |
| Helvetia Baloise HBAN.SW | Switzerland | $27.0B | +5% | +54% | 4% | 1.80× | 4.8% | 4.0% |
| Unipol Assicurazioni UNI.MI | Italy | $23.8B | +13% | +7% | 17% | 1.62× | 14.9% | 16.9% |