Earnings Alerts

T&D Holdings (8795) Earnings: Strong 2Q Net Income of 30.01B Yen Despite Lower Full-Year Forecasts

By November 14, 2025 No Comments
  • T&D reported a net income of 30.01 billion yen for the second quarter.
  • The company maintains its full-year net income forecast at 118.00 billion yen, which is below the market estimate of 127.5 billion yen.
  • Full-year net sales projections remain at 3.01 trillion yen, slightly under the market estimate of 3.15 trillion yen.
  • T&D plans to maintain a dividend of 124.00 yen, just shy of the estimated 125.38 yen.
  • Analyst recommendations include 8 ‘buy’ ratings and 3 ‘hold’ ratings, with no ‘sell’ ratings noted.

T&D Holdings on Smartkarma

Analyst coverage on Smartkarma sheds light on T&D Holdings, a standout player in the mature Japanese life insurance market. T&D Holdings has positioned itself uniquely with three specialized subsidiaries: Daido Life targeting SMEs, Taiyo Life for seniors, and T&D Financial Life for bancassurance. Recent years have seen a remarkable turnaround, with net income soaring and showcasing a 3-year CAGR of 107.35%. Despite its focused strategy providing a competitive edge, T&D Holdings is not without risks, facing challenges from Japan’s demographic changes, interest rate fluctuations affecting its bond portfolio, and stiff competition in the insurance and financial services sector.

One of the key analysts covering T&D Holdings on Smartkarma, Janaghan Jeyakumar, CFA, highlights the company’s potential within the JPX-Nikkei 400 index. The JPX-Nikkei 400, a market-value-weighted index of 400 Tokyo Stock Exchange-listed companies, undergoes an annual review in August. Based on current data, Jeyakumar identifies 46 potential additions and 44 potential removals to the index, offering insights into the evolving landscape of this prestigious market benchmark. Such detailed analysis provides investors with valuable perspectives on T&D Holdings‘ place in the broader market and its outlook for potential inclusion in this prominent index.


A look at T&D Holdings Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth5
Resilience4
Momentum3
OVERALL SMART SCORE3.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, T&D Holdings has a positive long-term outlook. With high scores in Growth and Resilience, the company is positioned well for future expansion and to weather market challenges. The strong Value and Resilience scores indicate that T&D Holdings offers good value and is likely to be resilient in uncertain times. While the Dividend and Momentum scores are slightly lower, the overall profile of T&D Holdings suggests a promising future ahead.

T&D Holdings, Inc. is a holding company that emerged from the merger of Taiyo Life Insurance, Daido Life Insurance, and T&D Financial Life Insurance. Specializing in managing life insurance operations for its subsidiaries, the company’s focus on growth and resilience sets a solid foundation for its continued success in the industry. With a diverse portfolio and a strong strategic position, T&D Holdings is poised to navigate the complexities of the market and deliver value to its stakeholders over the long term.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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