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T&D Holdings, Inc. logo

T&D Holdings, Inc.

8795.T

JPXFinancial ServicesInsurance - Life

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Latest quote

¥4,724

−¥71.00 · -1.48%

Aug 24, 3:30 PM JST

8795.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

T&D Holdings, Inc., through its subsidiaries, primarily offers a wide range of life insurance products and associated services within Japan. For individual customers, the company provides extensive coverage, including death benefit, medical, and nursing care products, distributed by its in-house sales representatives. Small and medium-sized enterprises (SMEs) can access term life and disability insurance via both internal sales teams and external agents. Additionally, T&D Holdings supplies savings and protection-oriented policies through financial institutions and insurance shops for the independent agent market, alongside specialized pet and family insurance. The company's offerings extend beyond core insurance to include policyholder confirmation, insurance agency services, health and medical research, and comprehensive investment management, advisory, and trust services. It also engages in leasing and credit guarantee services. Furthermore, T&D Holdings provides administrative support for life insurance policies, covering document drafting, amendments, custody, distribution, and securities delivery, as well as developing computer software and system solutions. Founded in 2004, the company's headquarters are located in Tokyo, Japan.

Industry
Insurance - Life
Sector
Financial Services
Headquarters
JP
CEO
Masahiko Moriyama
Listed since
Apr 1, 2004
Employees
21,268

Market position

Day range

Current ¥4,724

52-week range

Current ¥4,724

Open
¥4,795
Previous close
¥4,795
Volume
1.18M
0.62× average
Average volume
1.9M
Average daily volume
Market cap
2.27T JPY
Beta
0
Market reference 1
50-day average
¥4,908.26
-3.75% below average
200-day average
¥4,094.77
+15.37% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
375.25B JPY
P/E (TTM)
15.96×
P/B (TTM)
1.36×
P/S (TTM)
0.83×
EV / EBITDA
1.69×
Earnings yield
7.07%
Free cash flow yield
6.96%
Dividend yield
2.75%

Profitability & efficiency

Gross margin
53.18%
Operating margin
7.49%
Net margin
5.24%
Return on equity
8.62%
Return on assets
0.80%
Return on invested capital
0.81%

Financial health

Debt / equity
0.14×
Current ratio
20.58×
Altman Z-score
0.47
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends79%49%18%-13%Gross margin, FY2022: 61.12%Gross margin, FY2023: 63.36%Gross margin, FY2024: 70.92%Gross margin, FY2025: 71.57%Gross margin, FY2026: 54.57%Operating margin, FY2022: 1.05%Operating margin, FY2023: -4.14%Operating margin, FY2024: 4.83%Operating margin, FY2025: 5.83%Operating margin, FY2026: 6.68%Net margin, FY2022: 0.65%Net margin, FY2023: -5.26%Net margin, FY2024: 3.53%Net margin, FY2025: 4.37%Net margin, FY2026: 4.85%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 61.12%. Gross margin FY2023 63.36%. Gross margin FY2024 70.92%. Gross margin FY2025 71.57%. Gross margin FY2026 54.57%. Operating margin FY2022 1.05%. Operating margin FY2023 -4.14%. Operating margin FY2024 4.83%. Operating margin FY2025 5.83%. Operating margin FY2026 6.68%. Net margin FY2022 0.65%. Net margin FY2023 -5.26%. Net margin FY2024 3.53%. Net margin FY2025 4.37%. Net margin FY2026 4.85%.

Income trends

Revenue

2.86T JPY-1.10%

Operating income

191.16B JPY+13.32%

Net income

138.97B JPY+9.93%
Income trends across reported periods3.2T JPY1.99T JPY775.89B JPY−434.83B JPYRevenue, FY2022: 2.18T JPYRevenue, FY2023: 2.51T JPYRevenue, FY2024: 2.8T JPYRevenue, FY2025: 2.89T JPYRevenue, FY2026: 2.86T JPYOperating income, FY2022: 22.93B JPYOperating income, FY2023: −103.97B JPYOperating income, FY2024: 135.08B JPYOperating income, FY2025: 168.7B JPYOperating income, FY2026: 191.16B JPYNet income, FY2022: 14.18B JPYNet income, FY2023: −132.15B JPYNet income, FY2024: 98.78B JPYNet income, FY2025: 126.41B JPYNet income, FY2026: 138.97B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 2.18T JPY. Revenue FY2023 2.51T JPY. Revenue FY2024 2.8T JPY. Revenue FY2025 2.89T JPY. Revenue FY2026 2.86T JPY. Operating income FY2022 22.93B JPY. Operating income FY2023 −103.97B JPY. Operating income FY2024 135.08B JPY. Operating income FY2025 168.7B JPY. Operating income FY2026 191.16B JPY. Net income FY2022 14.18B JPY. Net income FY2023 −132.15B JPY. Net income FY2024 98.78B JPY. Net income FY2025 126.41B JPY. Net income FY2026 138.97B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue2.86T JPY2.89T JPY2.8T JPY2.51T JPY2.18T JPY
Cost of goods sold1.3T JPY822.87B JPY813.75B JPY920.05B JPY845.59B JPY
Gross profit1.56T JPY2.07T JPY1.98T JPY1.59T JPY1.33T JPY
Operating expenses1.37T JPY1.9T JPY1.85T JPY1.69T JPY1.31T JPY
Interest expense7.32B JPY2.4B JPY1.43B JPY1.72B JPY1.69B JPY
Depreciation and amortization23.34B JPY21.89B JPY21.03B JPY21.18B JPY20.21B JPY
Operating income191.16B JPY168.7B JPY135.08B JPY−103.97B JPY22.93B JPY
Net income138.97B JPY126.41B JPY98.78B JPY−132.15B JPY14.18B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
60%
3 beats, 1 miss, 1 met estimate
Average EPS surprise
+30.96%
5 comparable reports
Latest EPS result
76.99
Estimate 76.99 · Met by 0.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates122.9485.9548.9611.97Q1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26BeatQ2 '26BeatQ3 '26MetQ4 '26Estimate
Q1 2025, reported Feb 14, 2025: actual 103.24, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 13, 2025: actual 14.08, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 7, 2025: actual 73.31, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 59.93, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 13, 2026: actual 114.88, estimate 90.55, surprise +26.87%, Beat. Q2 2026, reported May 15, 2026: actual 62.8, estimate 32.73, surprise +91.87%, Beat. Q3 2026, reported Aug 7, 2026: actual 76.99, estimate 76.99, surprise 0.00%, Met estimate. Q4 2026, reported Nov 13, 2026: actual —, estimate 78.75, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.61T1.29T966.93B646.92BQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 14, 2025: actual 870.85B JPY, estimate 830B JPY, surprise +4.92%, Beat. Q2 2025, reported May 13, 2025: actual 1.54T JPY, estimate 746.77B JPY, surprise +106.32%, Beat. Q3 2025, reported Aug 7, 2025: actual 835.19B JPY, estimate 798.06B JPY, surprise +4.65%, Beat. Q4 2025, reported Nov 12, 2025: actual 762.25B JPY, estimate 783.77B JPY, surprise -2.75%, Miss. Q1 2026, reported Feb 13, 2026: actual 889.19B JPY, estimate 790B JPY, surprise +12.56%, Beat. Q2 2026, reported May 15, 2026: actual 875.33B JPY, estimate 713.13B JPY, surprise +22.75%, Beat. Q3 2026, reported Aug 7, 2026: actual 879.6B JPY, estimate 780B JPY, surprise +12.77%, Beat. Q4 2026, reported Nov 13, 2026: actual —, estimate 750B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥102

2025 complete year+104.0% since 2021

2026 partial: ¥68.00

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥82.00

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥82.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥68.00

Semi-Annual

Record Mar 31, 2026 · Payment Jun 26, 2026

Dividend

Ex-dividend Sep 29, 2025

¥62.00

Semi-Annual

Record Sep 30, 2025 · Payment Dec 5, 2025

Dividend

Ex-dividend Mar 28, 2025

¥40.00

Semi-Annual

Record Mar 31, 2025 · Payment Jun 27, 2025

Dividend

Ex-dividend Sep 27, 2024

¥40.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 6, 2024

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ETFs holding 8795.T

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core TOPIX ETF logoiShares Core TOPIX ETF1475.T
Market value
5.35B
Weight
0.18%
AUM
2.89T JPY
Expense ratio
0.05%
Price / 1D
¥417.7-0.07%
iShares Core Nikkei 225 ETF logoiShares Core Nikkei 225 ETF1329.T
Market value
1.03B
Weight
0.05%
AUM
2.12T JPY
Expense ratio
0.05%
Price / 1D
¥6,789-0.77%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
209.76M
Weight
0.03%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.205-0.58%
Vanguard FTSE Developed Markets ETF logoVanguard FTSE Developed Markets ETFVEA
Market value
139.33M
Weight
0.04%
AUM
315B USD
Expense ratio
0.03%
Price / 1D
$73.085-0.46%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
100.05M
Weight
0.05%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.68-0.17%
JPMorgan International Research Enhanced Equity ETF logoJPMorgan International Research Enhanced Equity ETFJIRE
Market value
56.91M
Weight
0.50%
AUM
11.31B USD
Expense ratio
0.24%
Price / 1D
$85.11-0.25%
iShares MSCI Japan ETF logoiShares MSCI Japan ETFEWJ
Market value
56.82M
Weight
0.25%
AUM
22.49B USD
Expense ratio
0.49%
Price / 1D
$94.625-0.58%
JPMorgan BetaBuilders Japan ETF logoJPMorgan BetaBuilders Japan ETFBBJP
Market value
49.36M
Weight
0.26%
AUM
18.96B USD
Expense ratio
0.19%
Price / 1D
$76.44-0.56%

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