MS&AD_en

5/22 Projected Financial Results for FY2012 (MS&AD Holdings, Consolidated)

Next, I will go over the full-year forecasts for FY2012 that were announced on November 19. Please turn to page 4. Net premiums written for FY2012 remain unchanged from our initial forecast. These are projected to be ￥2,630.0 billion, an increase of ￥71.1 billion, or 2.8%, year on year. Our net income forecast for FY2012 has been revised to ￥12.0 billion. We have revised our forecast in consideration of the increase in domestic natural catastrophes in the first half and further losses on the devaluation of securities than initially forecast due to the current economic environment. Please refer to the appendix data on page 25 afterward for the revised full-year forecasts.