Sony Financial Holdings (Consolidated)
FY2017 (fiscal year ended Mar. 31, 2018) Consolidated Financial Results and FY2018 (fiscal year ending Mar. 31, 2019) Forecast of Consolidated Financial Results
- FY2017 consolidated financial results: Ordinary revenues increased year on year, owing to increases in ordinary revenues from all the businesses: life insurance, non-life insurance and banking businesses. Ordinary profit was flat year on year. By business segment, ordinary profit from the life insurance business decreased, ordinary profit from the non-life insurance and banking businesses rose. Profit attributable to owners of the parent was up year on year. This increase was due to a gain on disposal of fixed assets from a sale of the real estate held for investment in the life insurance business which was recorded as extraordinary gains.
- FY2018 consolidated financial forecast: Ordinary revenues are expected to increase in all the businesses. Although ordinary profit for non-life insurance and banking businesses are expected to be flat year on year, overall ordinary profit is expected to increase, due to an increase in the life insurance business. Profit attributable to owners of the parent is expected to increase likewise ordinary profit, despite a decrease of extraordinary gains is expected. (As of May 14, 2018)
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|For the years ended March 31|
|Ordinary revenues (Billions of yen)||1,320.4 **||1,352.3||1,362.0||1,381.6||1,503.6||1,578.0|
|Ordinary profit (Billions of yen)||76.1||90.0||71.1||66.3||66.8||83.0|
|Profit attributable to owners of the parent ** (Billions of yen)||40.5||54.4||43.3||41.6||51.8||55.0|
|As of March 31|
|Total assets (Billions of yen)||8,841.3||9,545.8||10,352.1||11,471.8||12,401,4||-|
* Figures less than the indicated unit have been truncated.
** Starting the fiscal year ended Mar. 31, 2016, the figures previously reported as "Net income" are stated as "Profit attributable to owners of the parent" in accordance with the Accounting Standard for Business Combinations (ASBJ Statement No. 21, on Sep. 13, 2013) and the related revision.