November 26, 2008
Supplementary Materials for the Six Months Ended September 30, 2008
I. General Account Assets
1. Trading Account Securities
(1) Breakdown of Trading Account Securities
-------
P.2
(2) Trading Volume of Trading Account Securities
-------
P.2
2. Securities
(1) Breakdown of Securities
-------
P.2
(2) Local Government Bonds by Region
-------
P.2
(3) Securities by Contractual Maturity Dates
-------
P.3
(4) Domestic Stocks by Industry
-------
P.4
3. Loans
(1) Breakdown of Loans
-------
P.5
(2) Loans by Contractual Maturity Dates
-------
P.5
(3) Loans to Domestic Companies by Company Size
-------
P.5
(4) Loans by Industry
-------
P.6
(5) Loans by Region
-------
P.7
(6) Loans by Collateral Type
-------
P.7
4. Foreign Investments
(1) Breakdown of Investment by Asset Category
-------
P.8
(2) Foreign Currency-Denominated Assets by Currency
-------
P.8
(3) Investments by Region
-------
P.9
5. Fair Value Information on Derivative Transactions
-------
P.10
II. Separate Account (Individual Variable Insurance and Individual Variable Annuities)
1. Fair Value Information on Securities for Individual Variable Insurance
(1) Valuation Gains and Losses on Trading Securities
-------
P.13
(2) Fair Value Information on Money Held in Trust
-------
P.13
(3) Fair Value Information on Derivative Transactions
-------
P.13
2. Fair Value Information on Securities for Individual Variable Annuities
(1) Valuation Gains and Losses on Trading Securities
-------
P.14
(2) Fair Value Information on Money Held in Trust
-------
P.14
(3) Fair Value Information on Derivative Transactions
-------
P.14
III. Company Total of General Account and Separate Account
1. Asset Composition
(1) Asset Composition
-------
P.15
(2) Changes (Increase/Decrease) in Assets
-------
P.15
2. Fair Value Information on Securities and Others
(1) Valuation Gains and Losses on Trading Securities
-------
P.16
(2) Fair Value Information on Securities
-------
P.16
(securities with fair value except for trading securities)
(3) Fair Value Information on Money Held in Trust
-------
P.18
(4) Investment in Derivative Transactions
-------
P.19
(5) Fair Value Information on Derivative Transactions
-------
P.21
IV. Reserves for Possible Loan Losses
-------
P.24
-1-
The Dai-ichi Mutual Life Insurance Company
I. General Account Assets
1. Trading Account Securities (General Account)
(1) Breakdown of Trading Account Securities (General Account)
(millions of yen)
As of September 30, 2007
As of September 30, 2008
As of March 31, 2008
Carrying value
%
Carrying value
%
Carrying value
%
149,285
100.0 76,827
100.0
46,663
100.0
- -
- -
- -
- -
- -
- -
149,285
100.0 76,827
100.0
46,663
100.0
(2) Trading Volume of Trading Account Securities (General Account)
(millions of yen)
Year ended
March 31, 2008
2. Securities (General Account)
(1) Breakdown of Securities (General Account)
(millions of yen)
As of September 30, 2007
As of September 30, 2008
As of March 31, 2008
Carrying value
%
Carrying value
%
Carrying value
%
8,552,451
35.4 8,608,505
37.9
8,963,481
39.1
457,685
1.9 423,407
1.9
444,663
1.9
2,685,206
11.1 2,439,225
10.7
2,778,615
12.1
Public entity bonds
1,128,520
4.7 1,064,277
4.7
117,043
4.9
5,776,601
23.9 4,355,190
19.2
4,508,764
19.7
6,341,614
26.3 6,634,611
29.2
5,925,778
25.9
Foreign bonds
4,889,260
20.3 5,173,923
22.8
4,540,667
19.8
Foreign stocks and other securities
1,452,353
6.0 1,460,687
6.4
1,385,111
6.0
329,778
1.4 243,814
1.1
298,525
1.3
24,143,338
100.0 22,704,754
100.0
22,919,828
100.0
(2) Local Government Bonds by Region (General Account)
(millions of yen)
As of September 30, 2007
As of September 30, 2008
As of March 31, 2008
Carrying value
Carrying value
Carrying value
Note: Others in the above table shows publicly offered co-issue local government bonds.
Six month ended
September 30, 2007
Six month ended
September 30, 2008
Total
Kyushu
Shikoku
Chugoku
Others
Hokkaido
Kinki
Public entity bonds
Chubu
Kanto
Tohoku
Local government bonds
Domestic stocks
Foreign securities
Total
National government bonds
Local government bonds
Local government bonds
Public entity bonds
Total
National government bonds
Total
1,077,300
-
1,077,300
Other securities
-
Corporate bonds
National government bonds
714,400
-
714,400
15,420
12,315
-
516
207,953
46,07255,119
4,6544,070
34,033
457,685
89,843
384
186,034
41,91052,917
4,6622,906
32,213
423,407
90,062
53,459
4,6933,501
32,83390,883
444,663
1,893,400
- -
1,893,400
12,498
385
202,509
43,898
-2-
The Dai-ichi Mutual Life Insurance Company
(3) Securities by Contractual Maturity Dates (General Account)
(millions of yen)
As of September 30, 2007
186,443
279,118
610,878
570,037
1,921,175
4,984,799
8,552,451
18,698
63,839
63,555
207,383
76,185
28,023
457,685
201,867
285,203
498,637
662,250
752,117
285,129
2,685,206
-
-
-
-
-
5,776,601
5,776,601
261,028
1,002,281
703,098
605,798
802,267
2,967,139
6,341,614
261,028
1,002,281
703,098
605,798
802,267
1,514,785
4,889,260
-
-
-
-
-
1,452,353
1,452,353
5,781
6,812
2,482
118,065
5,372
191,263
329,778
673,818
1,637,255
1,878,653
2,163,535
3,557,119
14,232,955
24,143,338
As of September 30, 2008
459,088
473,880
453,374
571,770
1,117,034
5,533,357
8,608,505
29,652
55,024
103,409
169,278
35,127
30,914
423,407
140,691
396,500
317,902
591,432
732,201
260,496
2,439,225
-
-
-
-
-
4,355,190
4,355,190
237,123
944,784
972,118
444,960
793,149
3,242,475
6,634,611
237,123
944,784
972,118
444,960
793,149
1,781,787
5,173,923
-
-
-
-
-
1,460,687
1,460,687
290
5,859
66,762
2,902
6,313
161,685
243,814
866,846
1,876,049
1,913,568
1,780,344
2,683,825
13,584,119
22,704,754
As of March 31, 2008
247,324
457,185
430,969
654,363
1,701,676
5,471,961
8,963,481
25,093
70,512
51,255
202,686
65,793
29,322
444,663
177,675
277,383
497,364
681,718
846,243
298,229
2,778,615
-
-
-
-
-
4,508,764
4,508,764
295,670
919,751
640,203
526,976
825,653
2,717,522
5,925,778
295,670
919,751
640,203
526,976
825,653
1,332,411
4,540,667
-
-
-
-
-
1,385,111
1,385,111
2,265
11,014
108,042
1,064
6,652
169,486
298,525
748,029
1,735,848
1,727,835
2,066,809
3,446,018
13,195,285
22,919,828
Total
Other securities
Local government bonds
Corporate bonds
Domestic stocks
National government bonds
Total
Foreign securities
Foreign bonds
Foreign stocks and other securities
Other securities
Foreign securities
Foreign bonds
Foreign stocks and other securities
Due after
7 years through
10 years
National government bonds
Local government bonds
Corporate bonds
Domestic stocks
Due after
10 years or
having no
maturity date
Total
Due in
1 year or less
Due after
1 year through
3 years
Due after
3 years through
5 years
Due after
5 years through
7 years
National government bonds
Local government bonds
Corporate bonds
Domestic stocks
Other securities
Total
Foreign securities
Foreign bonds
Foreign stocks and other securities
-3-
The Dai-ichi Mutual Life Insurance Company
(4) Domestic Stocks by Industry (General Account)
(millions of yen)
As of September 30, 2007
As of September 30, 2008
As of March 31, 2008
Carrying value
%
Carrying value
%
Carrying value
%
646 0.0
559 0.0
514 0.0
510 0.0
458 0.0
444 0.0
88,249 1.5
66,461 1.5
63,579 1.4
Manufacturing industries
Food products
156,977 2.7
141,709 3.3
141,518 3.1
Textiles and clothing
57,223 1.0
33,862 0.8
37,711 0.8
Pulp and paper
10,072 0.2
9,490 0.2
7,489 0.2
Chemicals
248,001 4.3
171,693 3.9
191,549 4.2
Medical supplies
266,880 4.6
191,827 4.4
182,490 4.0
Oil and coal products
17,868 0.3
10,751 0.2
11,436 0.3
Rubber products
24,992 0.4
22,203 0.5
16,892 0.4
Glass and stone products
171,260 3.0
83,582 1.9
109,519 2.4
Steel
230,757 4.0
130,199 3.0
139,755 3.1
Non-steel metals
37,683 0.7
24,311 0.6
25,882 0.6
Metal products
42,480 0.7
28,510 0.7
30,761 0.7
Machinery
247,264 4.3
159,297 3.7
173,984 3.9
Electric appliances
1,212,165 21.0
841,210 19.3
915,128 20.3
Transportation vehicles
565,590 9.8
383,326 8.8
435,241 9.7
Precision instruments
169,137 2.9
124,841 2.9
125,551 2.8
Others
105,892 1.8
90,739 2.1
103,519 2.3
382,093 6.6
339,373 7.8
328,622 7.3
Transportation and communications industries
Ground transportation
300,944 5.2
259,702 6.0
260,490 5.8
Water transportation
2,882 0.0
2,102 0.0
2,420 0.1
Air transportation
4,593 0.1
3,948 0.1
4,492 0.1
Warehouses
8,237 0.1
6,676 0.2
6,464 0.1
Telecommunications
82,166 1.4
65,212 1.5
66,964 1.5
Commerce
Wholesale
183,127 3.2
113,778 2.6
139,222 3.1
Retail
153,483 2.7
142,469 3.3
122,678 2.7
Financial industries
Banks
708,176 12.3
621,525 14.3
611,551 13.6
Security and trading companies
53,271 0.9
36,769 0.8
38,598 0.9
Insurance
107,829 1.9
134,912 3.1
93,745 2.1
Other
28,858 0.5
24,960 0.6
26,539 0.6
43,571 0.8
33,548 0.8
36,470 0.8
63,709 1.1
55,176 1.3
57,527 1.3
5,776,601 100.0
4,355,190 100.0
4,508,764 100.0
Note: Industry categories above are based on classification by Securities Identification Code Committee.
Total
Forestry and fisheries
Mining
Construction
Real estate
Electric and gas utilities
Service
-4-
The Dai-ichi Mutual Life Insurance Company
3. Loans (General Account)
(1) Breakdown of Loans (General Account)
(millions of yen)
As of September 30, 2007
As of September 30, 2008
As of March 31, 2008
Policy loans
653,108
625,287
629,534
Premium loans
104,500
94,742
94,376
Policyholder loans
548,608
530,545
535,157
Ordinary loans
4,183,349
3,735,860
4,017,665
[Loans to non-residents]
[218,903]
[ 196,168]
[225,421]
Loans to corporations
3,613,268
3,195,186
3,444,447
[Loans to domestic corporations]
[3,531,765]
[ 3,121,962]
[3,365,039]
150,178
129,516
155,243
Loans to local governments and public entities
384,021
377,373
383,188
Mortgage loans
35,113
33,408
34,133
[Trust loans]
[25,918]
[25,674]
[25,805]
Consumer loans
141
112
124
Others
626
262
527
Total loans
4,836,458
4,361,147
4,647,199
(2) Loans by Contractual Maturity Dates (General Account)
(millions of yen)
Due in
1 year or less
Due after
1 year
through
3 years
Due after
3 years
through
5 years
Due after
5 years
through
7 years
Due after
7 years
through
10 years
Due after
10 years or
having no
maturity date
Total
As of September 30, 2007
Floating-rate loans
28,932
98,516
88,821
82,870
51,616
36,542
387,301
Fixed-rate loans
389,687
698,214
721,663
659,354
736,727
590,399
3,796,047
Total
418,620
796,731
810,485
742,225
788,344
626,941
4,183,349
As of September 30, 2008
Floating-rate loans
66,890
59,108
91,108
47,015
50,392
30,878
345,394
Fixed-rate loans
326,206
593,338
610,456
629,284
668,442
562,737
3,390,465
Total
393,096
652,447
701,564
676,300
718,834
593,616
3,735,860
As of March 31, 2008
Floating-rate loans
46,155
86,581
72,817
68,114
59,159
32,037
364,867
Fixed-rate loans
374,521
641,682
616,945
666,993
723,757
628,897
3,652,797
Total
420,677
728,264
689,793
735,108
782,917
660,934
4,017,665
(3) Loans to Domestic Companies by Company Size (General Account)
(millions of yen except number of borrowers)
As of September 30, 2007
As of September 30, 2008
As of March 31, 2008
%
%
%
Number of borrowers
723 44.4
619 47.1
676 45.2
Amount of loans
2,851,658 80.7
2,561,418 82.0
2,707,661 80.5
Number of borrowers
129 7.9
96 7.3
119 7.9
Amount of loans
37,570 1.1
22,320 0.7
78,185 2.3
Number of borrowers
778 47.7
600 45.6
702 46.9
Amount of loans
642,537 18.2
538,222 17.2
579,192 17.2
Number of borrowers
1,630 100.0 1,315 100.0
1,497 100.0
Amount of loans
3,531,765 100.0
3,121,962 100.0
3,365,039 100.0
Note:
1. Categorization by company size is based on the following criteria:
(1) Large corporations include corporations with paid-in capital of at least ¥1 billion and more than 300 employees (more than 50 employees in the case of retailers and restaurants;
more than 100 employees in the case of service companies and wholesalers).
(2) Medium-sized corporations include corporations with paid-in capital of more than ¥300 million and less than ¥1 billion (more than ¥50 million and less than ¥1 billion in the case of
retailers, restaurants and service companies; more than ¥100 million and less than ¥1 billion in the case of wholesalers) and more than 300 employees (more than 50 employees
in the case of retailers and restaurants; more than 100 employees in the case of service companies and wholesalers).
(3) Small corporations include all other corporations.
2. Number of borrowers does not equal the number of loan transactions.
Loans to national government, government-related organizations and internationalorganizations
Total
Large corporations
Medium-sizedcorporations
Small-sized corporations
-5-
The Dai-ichi Mutual Life Insurance Company
