May 15, 2015
Sony Financial Holdings Inc.

Supplementary Data on Sony Life’s Financial Results
for the Year Ended March 31, 2015
<Contents>
1.Company Total of General Account and Separate Account(1) Status of Investment Assets (Company Total)(i) Portfolio of investment assets (company total)(ii) Changes in investment assets by categories (company total)(2) Securities (Company Total)(i) Valuation gains (losses) on trading-purpose securities (company total)(ii) Fair value information on securities (company total)(iii) Fair value information on monetary trusts (company total)(iv) Fair value information on derivative transactions (company total)
2. General Account Assets(1) Securities (General Account)(i) Details of securities (general account)(ii) Balance of securities by remaining period (general account)(iii) Fiscal year-end yields on bonds (general account)(iv) Japanese stock holdings by industry (general account)(v) Fair value information on derivative transactions (general account)(2) Loans (General Account)(i) Details of loans (general account)(3) Overseas Investment (General Account)(i) Details by assets (general account)(ii) Foreign-currency-denominated assets by currency (general account)(iii) Overseas investments by region (general account)(4) Real Estate (General Account)(i) Details of tangible fixed assets (general account)(ii) Balance of real estate and the number of buildings for rent (general account)
3. Fair Value Information on Separate Account Assets for Individual Variable
Life Insurance and Individual Variable Annuities(1) Valuation Gains (Losses) on Trading-purpose Securities (Separate Account)(2) Details of Securities (Separate Account)(3) Fair Value Information on Monetary Trusts (Separate Account)(4) Fair Value Information on Derivative Transactions (Separate Account)
4. Other(1) Key Performance Indicators for Past Five Fiscal Years(2) Policy Reserves Calculation Methods and Ratios for Individual Life Insurance
and Individual Annuities

1

P.2

P.3

P.7

P.12
P.13

P.15

P.16
P.16
P.16
P.16

P.17
P.18

1.Company Total of General Account and Separate Account(1) Status of Investment Assets (Company Total)(i) Portfolio of investment assets (company total)
Category
Cash and deposits, call loans
Securities repurchased under resale agreements
Pledged money for bond borrowing transaction
Monetary claims purchased
Securities under proprietary accounts
Monetary trusts
Securities
JGBs, other bonds
Japanese stocks
Foreign securities
Bonds
Stocks, etc.
Other securities
Loans
Real estate
Deferred tax assets
Other assets
Reserve for possible loan losses
Total
Foreign currency denominated assets(Millions of yen, %)As of March 31, 2015
Amount%As of March 31, 2014
Amount%50,455
305,346
5,954,716
5,358,727
70,442
342,187
131,699
210,488
183,359
154,219
66,532
13,64380,231(242)
6,624,903
295,1280.8

87,769313,276
6,543,703
5,772,865
92,564
451,613
165,475
286,138
226,659
162,399
117,764
76,705(268)
7,301,350
403,601

4.6
89.9
80.9
1.1
5.2
2.0
3.2
2.8
2.3
1.0
0.2
1.2
(0.0)
100.0
4.5

1.2
4.3
89.6
79.1
1.3
6.2
2.3
3.9
3.1
2.2
1.6
1.1
(0.0)
100.0
5.5

Note: Amount for real estate is equivalent to the total amount of land, buildings and construction in progress.

(ii) Changes in investment assets by category (company total)
Category

For the year ended March 31, 2014
Amount(Millions of yen, %)For the year ended March 31, 2015
Amount(74,006)(775)
743,181
638,422
8,558
66,74824,901
41,84629,452
9,114(3,769)(80)(1,505)(6)672,152
64,162

Cash and deposits, call loans
Securities repurchased under resale agreements
Pledged money for bond borrowing transaction
Monetary claims purchased
Securities under proprietary accounts
Monetary trusts
Securities
JGBs, other bonds
Japanese stocks
Foreign securities
Bonds
Stocks, etc.
Other securities
Loans
Real estate
Deferred tax assets
Other assets
Reserve for possible loan losses
Total
Foreign currency denominated assets

Note: Amount for real estate is equivalent to the total amount of land, buildings and construction in progress.

2

37,314
7,929
588,987
414,138
22,122
109,426
33,77675,64943,3008,180
51,231(13,643)(3,526)(26)
676,447
108,472

(2) Securities (Company Total)(i) Valuation gains (losses) on trading-purpose securities (company total)

Category(Millions of yen)
As of March 31, 2015
Net valuation gains (losses) recorded
Balance sheet amountin incomeAs of March 31, 2014
Net valuation gains (losses)
Balance sheet amountrecorded in income

620,666

Trading-purpose securities

50,776

761,473

89,147

Note: The chart above includes trading-purpose securities included in monetary trusts, etc.

(ii) Fair value information on securities (company total)a. Fair value information on securities with market value (except trading-purpose securities(Millions of yen)
As of March 31, 2014

Category

Held-to-maturity securities

As of March 31, 2015

Net unrealized gains (losses)

Carrying
amountFair value

-

-

-

4,878,792-

5,718,258-

839,466-

839,567-

101-

Stocks of subsidiaries andaffiliated companies

-

-

-

-

-

-

-

-

-

-

1,007,822
974,613
13,421
19,451
19,451336
5,886,614
5,775,323
13,421
97,533
97,533336-

1,176,698
1,120,126
29,496
26,412
26,412663
6,894,956
6,736,583
29,496
128,214
128,214663-

168,875
145,512
16,075
6,961
6,961
326
1,008,341
961,259
16,07530,68030,680326-

168,984
145,512
16,075
7,069
7,069
326
1,008,551
961,361
16,07530,78830,788
326
-

108
108
108
210
101
108
108
-

Japanese stocks
Foreign securities
Bonds

-

Stocks, etc.
Other securities

Others
Total
Japanese stocks
Foreign securities
Bonds

5,475,177
5,385,143
12,23676,32376,323

Stocks, etc.
Other securities

2,533
-

Certificates of deposit

6,029,882
5,913,448
21,20592,69592,695

1,474

Others---554,814528,327
8,972
16,455
16,455

1,059

-

35
22
3
10
10

1,059

554,705
528,305
8,968
16,371
16,371

2,533-

Certificates of deposit

-

-

73

124,420
110,866
8,972
3,521
3,521

1,059
-

-

Monetary claims purchased

124,384
110,844
8,968
3,511
3,511
-

1,474

Money claims purchased

JGBs, other bonds

1,189,899
1,146,757
21,205
19,403
19,403

430,394

Unrealized Unrealized
gains
losses-

1,065,514
1,035,912
12,236
15,891
15,891

430,320

Fair value-

JGBs, other bonds

4,839,983

Net unrealized gains (losses)

Carrying
amountPolicy reserve matching bonds

Available-for-sale securities

4,409,662

Unrealized Unrealized
gains
losses

109
22
3
84
84
-

1,059
-

-

-

Notes: 1. The above table includes assets which are permitted to be treated as equivalent to securities defined in the Financial Instruments and Exchange Act of Japan.
2. Carrying amount and net unrealized gains (losses) on monetary trusts, including items other than trading-purpose securities as of March 31, 2015, amounted to¥268,742 million and ¥45,208 million, respectively.
3. Carrying amount represents the amount after deductions for depreciable costs and impairment losses, before mark-to-market.

b. Carrying amounts of the securities without market value(Millions of yen)

Category

As of March 31, 2014

Held-to-maturity securities
Unlisted foreign bonds
Others
Policy reserve matching bonds
Stocks of subsidiaries and affiliated companies
Available-for-sale securities
Unlisted Japanese stocks (except OTC stocks)
Unlisted foreign stocks (except OTC stocks)
Unlisted foreign bonds
OthersTotal

16,00017,289823
16,46633,2893

As of March 31, 2015
18,50014,492663
13,82832,992

c. Fair Value Information consisting of that stated in the previous table-a and foreign exchange and other gains (losses) for table-b as follows:(Millions of yen)
As of March 31, 2014
Category

Held-to-maturity securities
Stocks of subsidiaries andaffiliated companies
Available-for-sale securities
JGBs, other bonds
Japanese stocks
Foreign securities
Bonds
Stocks, etc.
Other securities

Foreign securities
Bonds
Stocks, etc.
Other securities

430,320-

430,39473--

16,000---1,082,804
1,035,912
12,236
16,714
15,891
823
17,9401,214,309
1,146,757
21,205
21,12919,403
1,725
25,217

131,504
110,844
8,968
4,414
3,511
902
7,277

131,986
110,866
8,972
4,424
3,521
902
7,723

481
22
3
10
10

5,508,467
5,385,143
24,236
81,14676,323
4,823
17,940

Monetary claims purchased

6,070,292
5,913,448
33,20598,42092,695
5,725
25,217-

Certificates of deposit
Others561,825
528,305
8,968
17,273
16,371
902
7,277

-

562,381
528,327
8,972
17,357
16,455
902
7,723

-

-

Net unrealized gains (losses)

Carrying
amountFair value

4,878,792-

16,000

OthersJapanese stocks

Unrealized Unrealized
gains
losses4,839,983-

Certificates of deposit
Total

Fair value

4,409,662

Monetary claims purchased

JGBs, other bonds

Net unrealized gains (losses)

Carrying
amountPolicy reserve matching bonds

As of March 31, 2015

Unrealized Unrealized
gains
losses5,718,258-

839,466-

18,50018,5001,022,315
974,613
13,421
20,115
19,451663
446
14,165555 5,919,607
22 5,775,323
3
26,421
84
103,69784
97,533
6,163
446
14,165-

1,198,889
1,120,126
29,49628,48826,412
2,076
20,778

839,567
-

-

-

-

-

177,188
145,512
16,075 8,482
7,069
1,412
7,118
1,016,756
961,361
16,075 32,201
30,788
1,412
7,118
-

614
-

176,574
145,512
16,075
8,373
6,961
1,412
6,613
-

6,935,647
6,736,583
42,496
135,790
128,214
7,576
20,7781,016,040
961,259
16,07532,09230,680
1,412
6,613

-

101

-

-

108
108
505
715
101
108
108
505
-

(iii) Fair value information on monetary trusts (company total)(Millions of yen)
As of March 31, 2014

Category

Balancesheet amount

As of March 31, 2015
Net unrealized gains (losses)

Net unrealized gains (losses)

Balance
Unrealized Unrealized sheet amountgains
lossesFair value

Monetary trusts
305,346
305,346
Note: The table above includes ¥50 million of jointly invested monetary trusts.

-

313,276

Fair value

Unrealized Unrealized
gains
losses313,276---■ Monetary trusts for investment(Millions of yen)
As of March 31, 2015

As of March 31, 2014
Category

Net valuation
gains (losses)
recorded in income

Balance sheet amount-

Monetary trusts for investment

Net valuation
gains (losses)
recorded in income

Balance sheet amount

-

-

-

■ Monetary trusts for held-to-maturity and policy reserve matching and other monetary trusts(Millions of yen)
As of March 31, 2014
Category

Monetary trusts for
held-to-maturity
Monetary trusts forpolicy reserve matching

As of March 31, 2015

Net unrealized gains (losses)

Carrying
amountFair value

Unrealized Unrealized
gains
lossesNet unrealized gains (losses)

Carrying
amountFair value

Unrealized Unrealized
gains
losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other monetary trusts

268,042
305,296
37,25337,253
Note: Monetary trusts includes cash and call loans, etc. held in monetary trusts.

4-268,017313,225

45,20845,208-

(iv) Fair value information on derivative transactions (company total) (Total of figures to which hedge accounting is applied and those not applied■Qualitative Information(1) Transactions
Derivative transactions that Sony Life conducts are as follows.
Interest rate-related: Interest rate swap transactions
Currency-related: Foreign exchange forward transactions
Equity-related: Stock index futures transactions(2) Policy on derivative transactions
Sony Life’s policy is to conduct derivative transactions to reduce risks related to its holdings of assets and liabilities, and does not engage in speculative derivativetransactions.
Interest-related: The purpose is to hedge interest rate-related risk to its holdings of assets and liabilities.
Currency-related: The purpose is to hedge foreign currency risk related to its holdings of foreign currency dominated assets and foreign currency risk related to minimum
guaranteed for variable life insurance.
Stock-related: The purpose is to hedge Equity-related risk related to minimum guaranteed for individual variable life insurance.
(3) Risks
The risk of fluctuations in market value is inherent in derivative transactions employed by the Company. However, as these transactions are conducted primarily to reducerisk related to its holdings of assets and liabilities, the total risk related to derivative transactions and their underlying assets and liabilities is limited. Credit risk is inherent toderivative instruments, but when conducting transactions Sony Life selects parties that it believes pose little risk of default.

(4) Risk management systems
Sony Life’s balance of derivative transactions is within the limits that Sony Life has set in-house. On transactions conducted by the division in charge of investment, theadministrative division receives reports directly from the transaction counterparty. This system enables the administrative division and the investment division to
independently determine derivative positions and transaction profits and losses. In addition, the management of risks related to derivative transactions is conducted strictly by
the department in charge of supervision. Also, the risk management division regularly reports the overall risk status to the Company’s Board of Directors and Management
Committee.
(5) Supplementary information related to qualitative information
Sony Life does not employ hedge accounting for derivative transactions.

■ Quantitative Information(Millions of yen)

(1) Gains (losses) on derivatives with and without hedge accounting
As of March 31, 2014
Interest raterelated

Currencyrelated

Stockrelated

Bondrelated

Other

Total

Hedge accounting applied

-

-

-

-

-

-

Hedge accounting not applied

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(7)

(612)

-

-

(479)

Total

As of March 31, 2015
Hedge accounting applied
Hedge accounting not applied

139

Total
139
(7)
(612)
(479)
Note: Valuation gains and losses on derivatives to which hedge accounting is not applied are recorded in the statements of income(2) Hedge accounting is not applied(a) Interest rate derivatives

Category

Items

Over-the- Interest rate swap transactions
counter Fixed interest rate received / Variable interest payment

As of March 31, 2014
Contracted value or
Valuation
notional
Fair value
gains(losses)
principal amountOver 1 year

-

-

Total
Note: Fair value is measured using discounted present value.

5

-

-

(Millions of yen)
As of March 31, 2015
Contracted value or
Valuation
notional
Fair value
gains(losses)
principal amountOver 1 year
1,000

1,000

139

139
139

(Reference) Balance of interest rate swaps by remaining period(Millions of yen, %)As of March 31, 2014

Due after 1
Due after 3
Due after 5
Due after 7 Due after 10
Due inyears
year through 3 years through years through years through1 year or less(including noyears
5 years
7 years
10 years

Category

Total

fixed maturity)

Fixed interest rate received / variable interest payment fornotional principal of interest rate swap
Average fixed interest rate received
Average variable interest payment
Total

-

-

-

-

-

-

-

As of March 31, 2015
Due after 1
Due after 3
Due after 5
Due after 7 Due after 10
Due inyears
year through 3 years through years through years through1 year or less(including noyears
5 years
7 years
10 years

Category

Total

fixed maturity)

Fixed interest rate received / variable interest payment fornotional principal of interest rate swap
Average fixed interest rate received
Average variable interest payment
Total

-

-

-

-

-

1,000
1.89
0.15
1,000

1,000
1.89
0.15
1,000

(b) Currency derivatives(Millions of yen)
As of March 31, 2015

As of March 31, 2014
Category

Items

Contracted value or notional
principal amount

Valuation
gains(losses)

Fair value

Contracted value or notional
principal amountOver 1 year
Forward foreign exchange contracts
Sold
Over-theU.S. dollar
counterEurotransactions
Australian dollar

Valuation
gains(losses)

Fair valueOver 1 year

-

-

-

-

21,282
10,364
9,968

-

(7)
93
(115)

(7)
93
(115)

-

-

-

-

949

-

15

15
(7)

Total
Note: 1. The forward rate of exchange is used to value forward foreign exchange transactions at the end of the fiscal year.
2. Fair vlue is measured using discounted present value.

(c) Stock derivatives(Millions of yen)
As of March 31, 2014

Category

Items

Contracted value or notional
principal amount

As of March 31, 2015
Valuation
gains(losses)

Fair value

Contracted value or notional
principal amountOver 1 year
ListedYen-denominated stock index futures
Sold-

Fair value

Valuation
gains(losses)

Over 1 year

-

Total

-

-

Note: Fair value is measured using discounted value.

(d) Bond derivatives
Not applicable(e) Others
Not applicable(3) Derivatives to which hedge accounting is applied(a) Interest rate derivatives
Not applicable(b) Currency derivatives
Not applicable(c) Stock derivatives
Not applicable(d) Bond derivatives
Not applicable(e) Others
Not applicable

6

21,903

-

(612)

(612)
(612)

2. General Account Assets(1) Securities (General Account)(i) Details of securities (general account)(Millions of yen, %)As of March 31, 2014

As of March 31, 2015

Category
AmountJapanese government bonds%

Amount%5,158,972

96.7

5,585,685

96.6

Japanese municipal bonds

1,003

0.0

-

-

Japanese corporate bonds

30,0890.6

21,2000.4

27,016

0.5

21,200

0.4

Japanese stocks

33,2050.6

42,4960.7

Foreign securities

106,752

2.0

131,627

2.3

Bonds

79,835

1.5

105,556

1.8

Stocks, etc.

26,916

0.5

26,0700.5

Other securities

4,026

0.1

2,283

0.0

5,334,049

100.0

5,783,292

100.0

Public corporation bonds

Total

7

(ii) Balance of securities by remaining period (general account)(Millions of yen)

Category

Due in1 year or lessDue after 3 years Due after 5 years Due after 7 years Due after 10 years(including no fixed
through 5 years through 7 years through 10 years
maturity)

Due after 1 year
through 3 years

Total

As of March 31, 2014

Japanese government bonds

10,586

12,297

15,285-65,346

5,055,455

5,158,972

Japanese municipal bonds

1,003

-

-

-

-

-

1,003

Japanese corporate bonds

6,718

2,058

105

-

1,639

19,56630,089

-

-

-

-

-

33,20533,205

2,007

7,629

13,045

16,3893,248

64,432

106,752

-

-

5,099

12,371

1,931

60,432

79,835

Stocks, etc.

2,007

7,629

7,945

4,017

1,316

4,000

26,916

Other securities

58

-

1,136

-

297

2,533

4,026

Japanese stocks
Foreign securities
Bonds

Total

20,37421,98529,574

16,38970,532

5,175,193

5,334,049

Japanese government bonds-

14,960-5,447

228,796

5,336,480

5,585,685

Japanese municipal bonds

-

-

-

-

-

-

-

As of March 31, 2015

Japanese corporate bonds

-

-

-

-

1,635

19,564

21,200Japanese stocks

-

-

-

-

-

42,49642,496

4,028

9,091

9,982

16,207

3,152

89,165

131,627

-

2,022

4,044

13,413

2,410

83,665105,556

Stocks, etc.

4,028

7,069

5,937

2,793

741

5,500

26,070

Other securities

-

-

1,173

446

-

663

2,283

4,028

24,052

11,155

22,101

233,584

5,488,369

5,783,292

Foreign securities
Bonds

Total

Note: Securities including items treated as securities based on “financial product accounting standards” (Corporate Accounting Standards #10)(iii) Fiscal year-end yields on bonds (general account)
Category
As of March 31, 2014(%)

As of March 31, 2015

JGBs, other bonds

2.08

2.04

Foreign bonds

3.70

3.09

8

(iv) Japanese stock holdings by industry (general account)
Category
Fisheries, agriculture and forestry
MiningManufacturing industries

Construction
Food products
Textiles and clothing
Pulp and paper
Chemicals
Medicals products
Oil and coal products
Rubber products
Glass and stone products
Steel
Non-steel metals
Metal products
Machinery
Electric appliances
Transportation vehicles
Precision machinery
OthersElectric and gas utilities
Ground transportation
Water transportation
Air transportation
Warehouses/transportation
Information/telecommunications
Wholesalers
RetailersBanking
Securities and commodity futures trading
Insurance
Other financial services
Real estate
Service companies
Total(Millions of yen)
As of March 31, 2015

As of March 31, 2014
Amount%Transportation/Information
telecommunications
Commerce

Financialservices/insurance

1,838
554
750
736
357
1,153
4,150
2,304
241
88
631
1,062
3,041
277
1,482
12,000846
1,685
33,205

Amount

5.5
1.7
2.3
2.2
1.1
3.5
12.5
6.9
0.7
0.3
1.9
3.2
9.2
0.8
4.5
36.1
2.6
5.1
100.0

2,089
1,153
1,284
1,276
108
316
1,654
5,207
3,256
362
313
687
1,760
3,314
2,666
13,000984
3,058
42,496

Note: Categories of stock holdings by industry are based on the classification by Securities Identification Code Committee of Japan.

9

%

4.9
2.7
3.0
3.0
0.3
0.7
3.9
12.3
7.7
0.9
0.7
1.6
4.1
7.8
6.3
30.6
2.3
7.2
100.0

(v) Fair value information on derivative transactions (general account) (Total of figures to which hedge accounting is applied and those not applied)(Millions of yen)

(1) Gains (losses) on derivatives with and without hedge accounting
As of March 31, 2014
Interest
raterelated

Currencyrelated

Stockrelated

Bondrelated

Other

Total

Hedge accounting applied

-

-

-

-

-

-

Hedge accounting not applied

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(7)

(612)

-

-

(479)

Total

As of March 31, 2015
Hedge accounting applied
Hedge accounting not applied

139

Total

139
(7)
(612)
(479)
Note: Valuation gains and losses on derivatives to which hedge accounting is not applied are recorded in the statements of income.
(2) Interest rate derivatives

Category

Items

As of March 31, 2014
Contracted value or
Valuation
notional
Fair value
gains(losses)
principal amountOver 1 year

Over-the- Interest rate swap transactions
counter
Fixed interest rate received / variabletransactions interest payment

-

-

-

Total

-

(Millions of yen)
As of March 31, 2015
Contracted value or
Valuation
notional
Fair value
gains(losses)
principal amountOver 1 year

1,000

1,000

139

139
139

Note: Fair value is measured using discounted present value.

(Reference) Balance of interest rate swaps by remaining period
As of March 31, 2014
Category(Millions of yen)Due in Due after 1 Due after 3 Due after 5 Due after 7 Due after 10
year
years
years
years
years
1 year or

Fixed interest rate received / variable interest payment fornotional principal of interest rate swap
Average fixed interest rate received
Average variable interest payment
Total

-

-

-

-

-

Total

-

-

As of March 31, 2015
Category

Due in Due after 1 Due after 3 Due after 5 Due after 7 Due after 10
years
years
years
1 year or
year
years

Fixed interest rate received / variable interest payment fornotional principal of interest rate swap
Average fixed interest rate received
Average variable interest payment
Total

-

10

-

-

-

-

1,000
1.89
0.15
1,000

Total

1,000
1.89
0.15
1,000

(3) Currency derivatives(Millions of yen)
As of March 31, 2014

Category

Items

Contracted value or notional
principal amount

As of March 31, 2015
Valuation
gains(losses)

Fair value

Contracted value or notional
principal amountOver 1 year
Exchange contracts
Sold
Over-theU.S. dollar
counterEurotransactions
Australian dollar

Valuation
gains(losses)

Fair valueOver 1 year

-

-

-

-

21,282
10,364
9,968

-

(7)
93
(115)

(7)
93
(115)

-

-

-

-

949

-

15

15
(7)

Total
Note: The futures quotation is used for the exchange rate of the end of fiscal year of an exchange contract.

(4) Stock derivatives(Millions of yen)
As of March 31, 2014
Items

Category

Contracted value or notional
principal amount

As of March 31, 2015
Valuation
gains(losses)

Fair value

Contracted value or notional
principal amountOver 1 year
ListedYen-denominated stock index futures
Sold-

Fair value

Valuation
gains(losses)

Over 1 year

-

-

-

21,903Total
Note: For yen-denominated stock index futures transactions, securities exchange market closing prices as of the end of fiscal year are used as fair value.
(5) Bond derivatives
Not applicable(6) Others
Not applicable

11

-

(612)

(612)
(612)

(2) Loans (General Account)(Millions of yen)(i) Details of loans (general account)
Category

As of March 31, 2014

154,180138,236
15,94438
38
154,219

Policy Loans
Policyholder loans
Automatic premium loans
Commercial loans
OthersTotal

12

As of March 31, 2015

162,397
146,442
15,9542
2
162,399

(3) Overseas Investment (General Account)(i) Details by assets (general account)■ Assets denominated in foreign currency (yen amount not fixed)
As of March 31, 2014
Category
Amount%(Millions of yen, %)As of March 31, 2015
Amount%Foreign bonds

36,015

33.6

61,25846.0

Foreign stocks

1,725

1.6

2,076

1.6

Cash, deposits and other

20,45319.1

18,82414.1

58,195

54.3

82,158

61.7

Total

■ Assets denominated in foreign currency (yen amount fixed)
Not applicable■ Assets denominated in yen
Category
Loans to borrowers locatedoutside of Japan
Yen-denominated foreign bonds andothers
Total(Millions of yen, %)As of March 31, 2014
AmountAs of March 31, 2015%

Amount

%

-

-

-

-

49,05945.7

51,09438.3

49,05945.7

51,09438.3■ Total(Millions of yen, %)Category

Overseas Investment

As of March 31, 2014
AmountAs of March 31, 2015%

107,254

Amount100.0%

133,253100.0(ii) Foreign-currency-denominated assets by currency (general account)(Millions of yen, %)Category

As of March 31, 2014
AmountAs of March 31, 2015%

Amount%U.S. dollar

45,301

77.8

70,505

85.8

Euro

9,148

15.7

7,020

8.5

Australian dollar

3,270

5.6

4,306

5.2

British pound

469

0.8

324

0.4

Chinese yuan

3

0.0

-

-

New Taiwanese dollar

1

0.0

2

0.0

Total

58,195100.0

82,158100.0

13

(iii) Overseas investments by region (general account)(Millions of yen, %）As of March 31, 2014
Foreign securities

Category

Bonds
Amount%AmountLoans to borrowers locatedoutside of Japan

Stocks, etc.
%

Amount%Amount%North America

37,12534.8

29,742

37.3

7,383

27.4

-

-

Europe53,98050.6

46,847

58.7

7,132

26.5

-

-

Oceania

3,246

3.0

3,246

4.1

-

-

-

-

-

-

-

-

-

-

-

-

12,40011.6--

12,40046.1--

Middle East

-

-

-

-

-

-

-

-

Africa

-

-

-

-

-

-

-

-

Internationalorganizations

-

-

-

-

-

-

-

-

106,752

100.0

79,835100.0

26,916

100.0

-

-

Asia
Latin America

Total

As of March 31, 2015
Foreign securities

Category

Bonds
Amount%AmountLoans to borrowers locatedoutside of Japan

Stocks, etc.
%

Amount%Amount%North America

61,032

46.4

54,129

51.3

6,902

26.5

-

-

Europe52,492

39.9

47,160

44.7

5,332

20.5

-

-

Oceania

4,267

3.2

4,267

4.0

-

-

-

-

-

-

-

-

-

-

-

-

13,835

10.5--

13,835

53.1--

Middle East

-

-

-

-

-

-

-

-

Africa

-

-

-

-

-

-

-

-

Internationalorganizations

-

-

-

-

-

-

-

-

131,627100.0

105,556

100.0

26,070

100.0

-

-

Asia
Latin America

Total

14

(4) Real Estate (General Account)(i) Details of tangible fixed assets (general account)(Millions of yen)

Category

Balance at the
beginning of Increase in thethe current current period
periodAmount ofBalance at the
depreciation inend of thethe current
current period
periodDecrease in
the current
periodAmount ofaccumulated
depreciation% ofaccumulated
depreciation

For the year ended March 31, 2014
For the year ended March 31, 2015

Land

31,089-986-

30,103--

Buildings

39,212

464

1,118
[31]

2,129

36,42921,972

37.6

Leased assets

185

20

171

14

19

0

1.7

Construction in progress

-

-

-

-

-

-

-

Other tangible fixed assets

482

216

140

548

1,524

73.6

Total

70,969700

2,284

67,10023,49738.8

Land30,10352,903--83,007--

Buildings

36,429

374

40
[10]

2,005

34,757

23,84940.7

Leased assets

19

-

-

4

15

4

21.7

Construction in progress

-

-

-

-

-

-

-

Other tangible fixed assets

548

49

144

452

1,631

78.3

Total

67,10053,3272,154

118,232

25,485

42.0

10
[5]
2,285
[36]

1
[0]
42
[10]

Note: Figures in [ ] in the “Decrease in the current period” describe the amount of impairment losses.

(ii) Balance of real estate and the number of buildings for rent
(Millions of yen, number)
Category

As of March 31, 2014 As of March 31, 2015

Real estate balance

66,532

117,764

For corporate use

3,442

3,397

For rent

63,090114,366

3

3

Number of buildings for rent

15

3. Fair Value Information on Separate Account Assets for Individual Variable Life Insurance and Individual Variable Annuities

Assets relating to individual variable life insurance and individual variable annuities are jointly invested at Sony Life.

(1) Valuation Gains (Losses) on Trading-purpose Securities (Separate Account)(Millions of yen)

As of March 31, 2014
Category
Trading-purpose securities

As of March 31, 2015

Balance sheet amount

Net valuation gains(losses) recorded inincomeBalance sheet amount

Net valuation gains(losses) recorded inincome620,666

50,776760,411

89,106

168,661
37,237
235,435
51,863
183,571
179,332
620,666(Millions of yen)
Balance sheet amount
As of March 31, 2015
165,980
50,068319,985
59,918260,067
224,376760,411(2) Details of Securities (Separate Account)
Category
Japanese government bonds
Japanese stocks
Foreign securities
Bonds
Stocks, etc.
Other securities
Total

Balance sheet amount
As of March 31, 2014

(3) Fair Value Information on Monetary Trusts (Separate Account)Not applicable(4) Fair Value Information on Derivative Transactions (Separate Account)Not applicable164. Other(1) Key Performance Indicators for Past Five Fiscal Years
For theyear ended
March 31, 2011

For theyear ended
March 31, 2012

For theyear ended
March 31, 2013

For theyear ended
March 31, 2014

(Millions of yen)
For theyear ended
March 31, 2015

Ordinary revenues

900,091

967,400

1,142,274

1,197,109

1,223,827

Ordinary profit

73,17669,43674,65969,20579,665

Core profit

56,29571,68580,04572,36576,505

Net income

40,22031,42642,44437,06342,52470,000(70,000 thousand
shares)

70,000(70,000 thousand
shares)

70,000(70,000 thousand
shares)

70,000(70,000 thousand
shares)

70,0004,723,332

5,222,846

5,952,750

6,624,903

7,301,350

398,124444,289

550,624

640,562

793,344

4,371,484

4,843,020

5,472,930

6,123,633

6,727,241

134,419

138,909145,104

154,219

162,399

Securities

4,017,583

4,545,019

5,211,535

5,954,716

6,543,703

Solvency margin ratio

2,900.1%

1,980.4%

2,281.8%

2,358.7%

2,555.0%

Common stock
Number of shares issued andoutstanding
Total assets
Of which, separate account assets
Policy reserves
Loans(70,000 thousand
shares)[ 1,720.0％]
Number of employees

5,921

6,060

6,323

6,547

6,781

Policy amount in force

35,947,326

37,345,780

39,124,675

40,500,241

42,430,898

58,93757,81156,50355,196

17,210

Policy amount in force for group annuities
Notes:

1. Policy amount in force is the total of individual life insurance, individual annuities and group life insurance. Policy amount forindividual annuities are equal to the sum of (a) the funds to be held at the time annuity payments are commerce for policies
for which annuity payments have not yet commenced and (b) the amount of policy reserves for which payments have commenced.
2. Policy amounts in force for group annuity products is equal to the amount of outstanding policy reserves.
3. Cabinet Office Ordinance No.23 of 2010 and FSA Public Notice No. 48 of 2010 prescribe a revision in the methods of calculating
total solvency margin and total risk (increasing the strictness of margin inclusion, and making risk measurement stricter and moresensitive). Therefore, the method of calculating solvency margin ratios from the year ended March 31, 2012 to the year ended March
31, 2014 is different from those for the previous fiscal years. The above-stated figure in [1,720.0%] for the year ended March 31,
2011 was calculated on the assumption that the current calculation method were applied.

17

(2) Policy Reserves Calculation Methods and Ratios for Individual Life Insurance and Individual Annuities
For the year ended
March 31, 2014

Category

Calculating
methodFor the year ended
March 31, 2015

Pure death-protection insurance Net level premium reserve method Net level premium reserve method
Policies subject to
Net level premium reserve method Net level premium reserve method
Mixed insurance
standard policy reserve
Net level premium reserve method Net level premium reserve method
Pure endowment insurance
methodNet level premium reserve method Net level premium reserve method
Annuities
Pure death-protection insurance Net level premium reserve method Net level premium reserve method
Policies not subject to Mixed insurance
Net level premium reserve method Net level premium reserve method
standard policy reserve
Net level premium reserve method Net level premium reserve method
Pure endowment insurance
methodNet level premium reserve method Net level premium reserve method
Annuities

Ratio of "amount of the company's policy reserve (excluding contingency
reserve)" to "policy reserve required by regulatory standards"

100.1%

100.1%

Notes: 1. The calculating methods and the ratios are set for individual life insurance and individual annuities. The concept ofaccumulation method is not targeted at policy reserve for group life insurance and group annuities, so these insurance
policies are not included.
2. The above ratios indicate the amounts of the company’s policy reserves (excluding contingency reserve) to the requiredpremium reserves and unearned premiums calculated by (a) the method laid down in the Ministry of Finance Public
Notice No. 48 of 1996 for policies to which the standard policy reserve method is applied, and (b) the net level premium
reserve method for policies to which the standard policy reserve method is not applied.

18