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← CockpitCompetitor Analysis › 8750.T Daiichi Life Group IncOpen in the cockpit ↗

Daiichi Life Group Inc8750.TCompetitor analysis, valuation and peers

Japan · JPY·Financials›Life/Health Insurance

One of Japan's largest life insurers, also owning US life insurer Protective Life and other overseas insurance units.

≈ A Japanese MetLife/Prudential with a major US subsidiary (Protective Life)Momentum neutral 57
Mkt cap
$39.0B
US dollars, full cap
Free float
94%
of shares outstanding
$/day
$102M
20-day average traded
P/B
1.34×
price to book
ROE
13.6%
delivered
Implied ROE
8.1%
what the price asks
Next earnings
7 days
13 Nov 2026
Close · JPY¥1,706
1D-7.1%
1W-6.2%
1M-7.4%
3M-9.7%
6M+18.5%
YTD+33.7%
1Y+57.9%
ATR %3.0%
52w lowhigh12.9% off high

What Daiichi Life does

One of Japan's largest life insurers, also owning US life insurer Protective Life and other overseas insurance units.

Collects premiums through a tied sales force in Japan and from the US, where Protective Life sells life and annuity products, and invests them largely in bonds, so results depend on investment returns as well as insurance margins. The 2015 purchase of Protective Life marked the shift to overseas growth, and it has since added stakes in Australia and Asia.

In one line: A Japanese MetLife/Prudential with a major US subsidiary (Protective Life).

Products and services

  • Domestic life/annuity insurance (Dai-ichi Life)
  • US life insurance (Protective Life)
  • Australia life insurance (TAL)

Customers

  • Japanese individual/corporate policyholders
  • US life/annuity customers (via Protective)

Where it sits in the supply chain

  • Insurance
  • Life insurance
  • Domestic life insurance + overseas…

What could go right

  • US business growth via Protective Life
  • Asset-management/investment income

What could go wrong

  • Japan's shrinking/aging population reducing policy demand
  • Interest-rate/investment risk

Moat: narrow (scale, brand, distribution). Large tied-agent sales force in Japan plus a sizeable, diversified US insurance subsidiary base.

Headquarters: Tokyo, Japan · Founded: 1902 · Employees: 60,997

Named competitors

Daiichi Life at a glance

Size Daiichi Life (8750.T) is a Japan Financials company (Life/Health Insurance) with a market value of $39.0B, the 39th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,706 on 6 Nov 2026.

Performance Over six months the shares gained 18.5%, against +21.5% for the median peer and +1.8% for the Japan market (cap-weighted) — 9th lowest of 21 in its peer set.

Growth Revenue grew 16.9% over the last twelve months (peer median +10.2%); the operating margin is 1.5% (peer median 11.6%).

Valuation It trades at 1.34× book value against a peer median of 2.13× (8th cheapest of 20).

Price implies The share price implies a return on equity of about 8.1%; Daiichi Life delivers 13.6%, so the price asks less than the business earns today.

Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).

Relative performance

10012014011 May 202611 Aug 20266 Nov 2026Peer median 1218750.T 120
Six months, rebased to 100: Daiichi Life against the median of its 20 peers (local-currency closes).

Daiichi Life financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥9.91T¥9.61T¥8.77T¥9.56T¥7.71T
Revenue growth—+10%-8%+24%—
Net income¥553B¥437B¥458B¥321B¥174B
Free cash flown/a¥275B¥289B¥946B-¥250B
Capital expendituren/a¥120B¥104B¥93.2B¥162B
Total debt¥4.16T¥4.09T¥3.79T¥3.20T¥2.05T

Quarterly statements and history in the cockpit →

Daiichi Life competitor charts

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.

Performance: 6-month against 1-month return

0%+20%+40%-10%0%+10%6178HNR1TLXPRUSLHN2882BAJAJFINSV032830LICINNMFCMUV2SBILIFE2883RGACRBGEQH8795HDFCLIFESDLF8750.T6-month return →1-month return →
Up and to the right = strong over both horizons. Daiichi Life is the large dot.

Fundamentals: return on equity against price-to-book

-150%-100%-50%0%00×200×400×6178HNR1PRUSLHNSBILIFEHDFCLIFESDLF8750.TReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Daiichi Life is the large dot.

Capital: ROE delivered against the ROE the price implies

0%25%50%75%100%0%50%100%6178HNR1TLXSLHNBAJAJFINSV032830SBILIFEHDFCLIFE8750.TROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Daiichi Life is the large dot.

Daiichi Life competitors and peer comparison

Head to head with its named competitors (8750.T vs 8795.T vs 7181.T vs MET)
CompanyMarket cap6M returnRevenue growthROEPrice / bookImplied ROE
Daiichi Life 8750.T$39.0B+18%+17%14%1.34×8.1%
T&d 8795.T$14.0B+21%+6%9%1.32×5.6%
JAPAN POST INSURANCE 7181.T$11.2B+8%-6%4%0.38×2.9%
MetLife MET$62.4B+27%+9%13%2.28×16.2%
Prudential Financial PRU$41.1B+20%+4%13%1.39×11.4%

How Daiichi Life compares with its peers

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.

Daiichi Life against its 20 peers (data as of 6 Nov 2026)
Measure8750.TPeer medianRank in peer set
1-month return-7.4%+2.9%4th lowest of 21
6-month return+18.5%+21.5%9th lowest of 21
Return on equity13.6%12.8%9th highest of 21
Price / book1.34×2.13×8th cheapest of 20
Trailing P/E11.2×12.9×7th cheapest of 20
ROE the price implies8.1%9.6%8th least demanding of 19
ROE delivered13.6%13.1%9th highest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Daiichi Life 8750.TJapan$39.0B+18%+17%14%1.34×8.1%13.6%
Japan Post Hldgs 6178.TJapan$39.0B+24%0%5%0.62×4.4%4.5%
Hannover Rueck HNR1.DEGermany$39.6B+24%-2%22%2.66×8.3%22.4%
Talanx TLX.DEGermany$37.6B+24%+2%20%2.33×10.2%19.8%
Prudential Financial PRUUnited States$41.1B+20%+4%13%1.39×11.4%12.6%
Swiss Life SLHN.SWSwitzerland$33.0B+14%0%20%4.25×15.4%20.0%
Cathay Financial Hldg 2882.TWTaiwan$47.0B+42%-16%15%1.40×7.0%14.6%
Bajaj Finserv BAJAJFINSV.NSIndia$31.6B+2%+17%13%3.55×54.3%13.3%
Samsung Life 032830.KSSouth Korea$31.0B-6%+13%3%0.29×4.5%3.2%
Life Insurance Corp. of India LICI.NSIndia$53.0B-3%+11%7%0.68×11.8%n/a
NN Group N.V. NN.ASNetherlands$22.4B+4%+39%9%1.08×6.9%9.2%
Manulife Financial MFC.TOCanada$72.2B+13%+18%13%2.22×13.0%12.9%
Munchener Ruckversicherungs-Gesellschaft MUV2.DEGermany$80.3B+22%0%21%2.13×9.0%21.4%
SBI Life Insurance SBILIFE.NSIndia$18.9B-5%+18%14%8.72×105.4%13.7%
Kgi Financial 2883.TWTaiwan$17.3B+60%+32%14%1.33×7.1%14.4%
Reinsurance Group of America RGAUnited States$17.1B+24%+20%12%1.25×8.0%11.7%
Corebridge Financial CRBGUnited States$14.9B+25%+10%22%2.41×19.3%21.7%
Equitable EQHUnited States$14.1B+24%+6%-183%n/an/an/a
T&d 8795.TJapan$14.0B+21%+6%9%1.32×5.6%9.3%
HDFC Life Insurance HDFCLIFE.NSIndia$13.0B-10%+19%11%6.31×72.0%11.2%
Standard Life SDLF.LUnited Kingdom$12.5B+25%+135%-179%38.09×n/a-179.3%

Questions

Who are Daiichi Life's main competitors?
Named competitors: T&D Holdings (8795.T), Japan Post Insurance (7181.T), MetLife (MET), Prudential Financial (PRU). The cockpit's measured peer set (industry) also includes Japan Post Hldgs (6178.T), Hannover Rueck (HNR1.DE), Talanx (TLX.DE), Prudential Financial (PRU), Swiss Life (SLHN.SW), Cathay Financial Hldg (2882.TW).
Is Daiichi Life expensive compared with its peers?
On price / book it trades at 1.34× against a peer median of 2.13×, 8th cheapest of 20 in its peer set. The share price implies a return on equity of about 8.1%; Daiichi Life delivers 13.6%, so the price asks less than the business earns today.
How has Daiichi Life stock performed?
Over six months to 6 Nov 2026 the shares returned +18.5% against +21.5% for the median peer; over one year +57.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.