May 20, 2014
Sony Financial Holdings Inc.

Supplementary Data on Sony Life’s Financial Results
for the Year Ended March 31, 2014
<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.6

P.10
P.11

P.13

P.14
P.14
P.14
P.14

P.15
P.16

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, 2014
Amount%As of March 31, 2013
Amount%124,461
306,122
5,211,535
4,720,304
61,884275,439
106,797
168,641
153,906
145,104
70,301
13,724
81,736(235)
5,952,750
230,965

2.1

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
295,128

5.1
87.5
79.3
1.0
4.6
1.8
2.8
2.6
2.4
1.2
0.2
1.4
(0.0)
100.0
3.9

0.8
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

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, 2013
Amount(Millions of yen, %)For the year ended March 31, 2014
Amount48,352－－－－
17,824
666,515594,084(7,265)45,266
10,371
34,89434,4296,195(2,658)(13,261)6,958(21)
729,904
46,972(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(2) Securities (Company Total)(i) Valuation gains (losses) on trading-purpose securities (company total)

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

As of March 31, 2013
Net valuation gains (losses)
Balance sheet amountrecorded in income

527,787

Trading-purpose securities

70,801

620,666

50,776

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, 2013

Category

Held-to-maturity securities

As of March 31, 2014

Net unrealized gains (losses)

Carrying
amountFair value

Unrealized Unrealized
gains
losses--551,737 --4,409,662-

4,839,983-

430,320-

430,394-73-

Stocks of subsidiaries andaffiliated companies

-

-

-

-

-

-

-

-

-

-

1,065,514
1,035,912
12,236
15,891
15,891
1,474
5,475,177
5,385,143
12,23676,32376,3231,474-

1,189,899
1,146,757
21,205
19,403
19,403
2,533
6,029,882
5,913,448
21,20592,69592,695
2,533-

124,384
110,844
8,968
3,511
3,511
1,059
554,705
528,305
8,968
16,371
16,371
1,059-

124,420
110,866
8,972
3,521
3,521
1,059
554,814528,327
8,972
16,455
16,455
1,059
-

35
22
3
10
10
109
22
3
84
84
-

Japanese stocks
Foreign securities
Bonds

955,999925,308
14,76014,454
14,454

Others
Total
Japanese stocks
Foreign securities
Bonds

4,830,232
4,756,200
14,76057,79557,795

Stocks, etc.
Other securities

2,664
-

Certificates of deposit

5,505,267
5,410,686
20,99470,92270,922

1,476

Certificates of deposit
Others-675,034
654,486
6,233
13,126
13,126

2,664

1,188

-

47

1,188

-

-

-

123,344
111,648
6,281
4,226
4,226

1,188
-

-

Monetary claims purchased

123,296
111,648
6,233
4,226
4,226
-

1,476

Money claims purchased

JGBs, other bonds

1,079,296
1,036,956
20,994
18,681
18,681-

Stocks, etc.
Other securities

551,737

Fair value-

JGBs, other bonds

4,425,970

Net unrealized gains (losses)

Carrying
amountPolicy reserve matching bonds

Available-for-sale securities

3,874,232

Unrealized Unrealized
gains
losses-675,082
654,486 6,281
13,126
13,126
1,188
-

47
47
47
-

Notes: 1. The above table includes assets which are permitted to be treated as equivalent to securities defined in the Financial Instruments and Exchange Law of Japan.
2. Carrying amount and net unrealized gains (losses) on monetary trusts, including items other than trading-purpose securities, amounted to ¥268,668millionand ¥37,253 million.
3. Carrying amount represents the amount after deductions for depreciable costs and impairment losses, before mark-to-market.

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

Category

As of March 31, 2013

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

12,607
20,372
4948
19,41932,9803

As of March 31, 2014
16,00017,289823
16,46633,289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

As of March 31, 2013
Category

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

Net unrealized gains (losses)

Carrying
amountFair value

3,874,232

4,425,970-

Foreign securities
Bonds
Stocks, etc.
Other securities- 4,409,662 4,839,983 430,320 430,394--

976,372
925,308
14,765
15,403
14,454948
20,895

1,103,708
1,036,956
20,99820,083
18,681
1,401
25,669127,335
111,648
6,233
4,679
4,226
452
4,774

128,555
111,648
6,281
4,679
4,226
452
5,946

4,863,212
4,756,200
24,872
61,244
57,795
3,448
20,895

Monetary claims purchased

5,542,285
5,410,686
31,10674,82370,922
3,901
25,669-Certificates of deposit
Others679,073
654,486
6,233
13,57813,126
452
4,774

-

Unrealized Unrealized
gains
losses--OthersJapanese stocks

551,737

Fair value-

12,607

Certificates of deposit

JGBs, other bonds

551,737-

12,607

Monetary claims purchased

Total

Unrealized Unrealized
gains
lossesNet unrealized gains (losses)

Carrying
amount16,000680,292
654,486 6,281
13,57813,126
452
5,946
-

-

16,000---1,082,804 1,214,309- 1,035,912 1,146,757
47
12,236
21,205
16,714
21,12915,891
19,403
823
1,725
1,171
17,94025,217
1,219 5,508,467 6,070,292
5,385,143 5,913,448
47
24,23633,205
81,14698,42076,323
92,695
4,823
5,725
1,171
17,94025,217-

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
446
555
22
3
84
84
446
-

1,219

-

73

561,825
528,305
8,968
17,273
16,371
902
7,277

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

-

-

(iii) Fair value information on monetary trusts (company total)(Millions of yen)
As of March 31, 2013

Category

Balancesheet amount

As of March 31, 2014
Net unrealized gains (losses)

Net unrealized gains (losses)

Balance
Unrealized Unrealized sheet amountgains
lossesFair value

Monetary trusts

306,122
306,122
Note: The table above includes ¥50 million of jointly invested monetary trusts.

-

305,346

Fair value

Unrealized Unrealized
gains
losses305,346---■ Monetary trusts for investment(Millions of yen)
As of March 31, 2014

As of March 31, 2013
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, 2013
Category

Other monetary trusts

Net unrealized gains (losses)

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

267,865

As of March 31, 2014

Fair value

Unrealized Unrealized
gains
lossesNet unrealized gains (losses)

Carrying
amountFair value

Unrealized Unrealized
gains
losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

306,071

38,20638,206

4-

268,042

305,296

37,25337,253-

(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
The principal derivative transactions employed by Sony Life, by purpose, are as follows.
Related to foreign exchange: foreign exchange forward 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
derivative transactions.
(3) Transaction purpose
Sony Life conducts derivative transactions to reduce risk related to its holdings of assets and liabilities. The Company does not employ hedge accounting.
(4) 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 reduce risk 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 to derivative instruments, but when conducting transactions Sony Life selects parties that it believes pose little risk of default(5) 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 ofinvestment, the administrative division receives reports directly from the transaction counterparty. This system enables the administrative division and theinvestment division to independently determine derivative positions and transaction profits and losses. In addition, the management of risks related to derivativetransactions is conducted strictly by the department in charge of supervision. Also, the risk management division regularly reports the overall risk status to theCompany’s Board of Directors and Management Committee.
(6) Supplementary information related to qualitative information
The Company engages in foreign exchange forward transactions to reduce the exchange rate fluctuation risk related to its holdings of receivables and payables
denominated in foreign currencies. Sony Life has confirmed that it is able to offset exchange rate fluctuations to some extent by recognizing derivative gains orlosses against underlying owned assets.

■ Quantitative Information(1) Gains (losses) on derivatives with and without hedge accounting
As of March 31, 2013
Interestrelated

Currencyrelated(Millions of yen)

Stockrelated

Bondrelated

Other

Total

Hedge accounting applied

-

-

-

-

-

-

Hedge accounting not applied

-

(172)

-

-

-

(172)

-

-

-

(172)

Total

(172)
As of March 31, 2014
Hedge accounting applied

-

-

-

-

-

-

Hedge accounting not applied

-

-

-

-

-

-

Total

Note: Valuation gains and losses on derivatives to which hedge accounting is not applied are recorded in the statements of income(2) Interest-related transactions
Not applicable(3) Currency-related transactions

Category

As of March 31, 2013
Contracted value or
Valuation
notional
Fair value
gains(losses)
principal amountOver 1 year

Items

Over-the- Exchange contracts
Soldcountertransaction

1,206
1,206

-

(172)
(172)
(172)
Total
Note: The futures quotation is used for the exchange rate of the end of fiscal year of an exchange contract.
U.S. dollar(4) Stock-related transactions
Not applicable(5) Bond-related transactions
Not applicable(6) Others
Not applicable

5

(172)
(172)

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

-

-

(172)

2. General Account Assets(1) Securities (General Account)(i) Details of securities (general account)(Millions of yen, %)As of March 31, 2013

As of March 31, 2014

Category
AmountJapanese government bonds%

Amount

%4,527,332

96.7

5,158,972

96.7

Japanese municipal bonds

3,490

0.1

1,003

0.0

Japanese corporate bonds

30,2240.6

30,0890.6

27,1080.6

27,016

0.5

Japanese stocks

31,106

0.7

33,2050.6

Foreign securities

87,4281.9

106,752

2.0

Bonds

62,022

1.3

79,835

1.5

Stocks, etc.

25,406

0.5

26,916

0.5

Other securities

4,164

0.1

4,026

0.1

4,683,747

100.0

5,334,049

100.0

Public corporation bonds

Total

6

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

Category

Due after 1 year Due after 3 years Due after 5 years Due after 7 years Due after 10 years(including no fixed
through 3 years through 5 years through 7 years through 10 years
maturity)

Due in1 year or less

As of March 31, 2013

Japanese government bonds

3,631

23,197

Japanese municipal bonds

2,472Japanese corporate bonds-

Japanese stocks
Foreign securities
Bonds
Stocks, etc.
Other securities

4,468,860

Total

15,528-

16,115

4,527,332

1,018

-

-

-

-

3,490

8,373

637 -

-

21,21330,224

-

-

-

-

-

31,106

31,106

1,736

4,393

13,5207,995

13,401

46,38087,428

-

-

4,338

2,318

12,024

43,341

62,022

1,736

4,393

9,182

5,677

1,376

3,039

25,406

As of March 31, 2014

-

89

-

1,397

13

2,664

4,164

Total

7,840

37,071

29,686

9,392

29,531

4,570,224

4,683,747

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

19,56630,089Japanese stocks
Foreign securities
Bonds
Stocks, etc.
Other securities
Total

-

-

-

-

-

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

2,007

7,629

7,945

4,017

1,316

4,000

26,916

58

-

1,136

-

297

2,533

4,026

20,37421,98529,574

16,38970,532

5,175,193

5,334,049(iii) Fiscal year-end yields on bonds (general account)
Category
As of March 31, 2013(%)

As of March 31, 2014

JGBs, other bonds

2.11

2.08

Foreign bonds

1.36

3.70

7

(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, 2014

As of March 31, 2013
Amount

%

124
1,388
326

Amount

0.4
4.5
1.1
-

444
645

1.4
2.1
-

270

0.9
-

1,114
3,416
2,544
131

3.6
11.0
8.2
0.4
-

Transportation/Information
Commerce
telecommunications
Financialservices/insurance

631
807
1,786
1,038
4,613
10,107363
1,349
31,106

2.0
2.6
5.7
3.3
14.8
32.5
1.2
4.3
100.0

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

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

8

%

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

(v) Fair value information on derivative transactions (general account)(Total of figures to which hedge accounting is applied and those not applied■Qualitative Information(1) Transactions
The principal derivative transactions employed by Sony Life, by purpose, are as follows.
Related to foreign exchange: foreign exchange forward 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
derivative transactions.
(3) Transaction purpose
Sony Life conducts derivative transactions to reduce risk related to its holdings of assets and liabilities. The Company does not employ hedge accounting.
(4) Risks
The risk of fluctuations in market value is inherent in derivative transactions employed by the Company. However, as these transactions are conductedprimarily to reduce risk related to its holdings of assets and liabilities, the total risk related to derivative transactions and their underlying assets and liabilities islimited. Credit risk is inherent to derivative instruments, but when conducting transactions Sony Life selects parties that it believes pose little risk of defaul(5) 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 ofinvestment, the administrative division receives reports directly from the transaction counterparty. This system enables the administrative division and theinvestment division to independently determine derivative positions and transaction profits and losses. In addition, the management of risks related to derivativetransactions is conducted strictly by the department in charge of supervision. Also, the risk management division regularly reports the overall risk status to theCompany’s Board of Directors and Management Committee.
(6) Supplementary information related to qualitative information
The Company engages in foreign exchange forward transactions to reduce the exchange rate fluctuation risk related to its holdings of receivables and payables
denominated in foreign currencies. Sony Life has confirmed that it is able to offset exchange rate fluctuations to some extent by recognizing derivative gains orlosses against underlying owned assets■ Quantitative Information(1) Gains (losses) on derivatives with and without hedge accounting
As of March 31, 2013
Interest- CurrencyStockrelated
relatedrelated(Millions of yen)
Bondrelated

Other

Total

Hedge accounting applied

-

-

-

-

-

-

Hedge accounting not applie

-

(172)

-

-

-

(172)

-

-

-

(172)

Total

(172)
As of March 31, 2014
Hedge accounting applied

-

-

-

-

-

-

Hedge accounting not applie

-

-

-

-

-

-

Total

Note: Valuation gains and losses on derivatives to which hedge accounting is not applied are recorded in the statements of income(2) Interest-related transactions
Not applicable(3) Currency-related transactions

Category

Items

As of March 31, 2013
Contracted value or
Valuation
notional
Fair value
gains(losses)
principal amountOver 1 year

Over-the- Exchange contracts
Sold
1,206
(172)
(172)
counter
U.S. dollar
1,206
(172)
(172)
transactio
(172)
Total
Note: The futures quotation is used for the exchange rate of the end of fiscal year of an exchange contract(4) Stock-related transactions
Not applicable(5) Bond-related transactions
Not applicable(6) Others
Not applicable

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

-

-

-

-

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

As of March 31, 2013

145,019
129,523
15,49585
85
145,104

Policy Loans
Policyholder loans
Automatic premium loans
Commercial loans
OthersTotal

10

As of March 31, 2014

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

(3) Overseas Investment (General Account)(i) Details by assets (general account)■ Assets denominated in foreign currency (yen amount not fixed)
As of March 31, 2013
Category
Amount%(Millions of yen, %)As of March 31, 2014
Amount%Foreign bonds

18,68121.0

36,015

33.6

Foreign stocks

1,401

1.6

1,725

1.6

Cash, deposits and other

21,67324.4

20,45319.1

41,75647.0

58,195

54.3

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, 2013
AmountAs of March 31, 2014%

Amount

%

-

-

-

-

47,16953.0

49,05945.7

47,16953.0

49,05945.7■ Total(Millions of yen, %)Category

Overseas Investment

As of March 31, 2013
AmountAs of March 31, 2014%

88,926

Amount100.0%

107,254100.0(ii) Foreign-currency-denominated assets by currency (general account)(Millions of yen, %)Category

As of March 31, 2013
AmountAs of March 31, 2014%

Amount%U.S. dollar

27,36065.5

45,301

77.8

Euro

5,992

14.4

9,148

15.7

Australian dollar

7,782

18.6

3,270

5.6

British pound

617

1.5

469

0.8

Chinese yuan

2

0.0

3

0.0

New Taiwanese dollar

1

0.0

1

0.0

Total

41,756100.0

58,195100.0

11

(iii) Overseas investments by region (general account)(Millions of yen, %）As of March 31, 2013
Foreign securities

Category

Bonds
Amount%AmountLoans to borrowers locatedoutside of Japan

Stocks, etc.
%

Amount%Amount%North America

18,75721.5

10,967

17.7

7,790

30.7

-

-

Europe50,441

57.7

43,341

69.9

7,100

27.9

-

-

Oceania

7,714

8.8

7,714

12.4

-

-

-

-

-

-

Asia

-

Latin America

-

-

--

-

10,515

12.0--

10,515

41.4--

Middle East

-

-

-

-

-

-

-

-

Africa

-

-

-

-

-

-

-

-

Internationalorganizations

-

-

-

-

-

-

-

-

87,428100.0

62,022100.0

25,406

100.0

-

-

Total

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

12

(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
periodFor the year ended March 31, 2013
For the year ended March 31, 2014

Land

31,46955

Buildings

41,491401

Leased assets

207-

Construction in progress--

Other tangible fixed assets

511

93

Total

73,678549

Land31,089-Buildings

39,212

Leased assets

Amount ofBalance at the
depreciation inend of thethe current
current period
periodDecrease in
the current
period

434
[434]
526
[ 512]% ofaccumulated
depreciation

Amount ofaccumulated
depreciation-

31,089

-

-

2,153

39,212

20,734

34.6

-

21

185

141

43.3

-

-

-

-

-

117

482

1,487

75.5

2,293

70,96922,363

35.9

986

-

30,103

-

-

464

1,118
[31]

2,129

36,42921,972

37.6

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

67,10023,497

38.8

4
[3]
965
[951]

10
[5]
2,285
[36]

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, 2013 As of March 31, 2014

Real estate balance

70,301

66,532For corporate use

3,448

3,442

For rent

66,85363,0904

3

Number of buildings for rent

13

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

As of March 31, 2013
Category
Trading-purpose securities

Balance sheet amount

Net valuation gains(losses) recorded inincomeBalance sheet amount

Net valuation gains(losses) recorded inincome527,787

70,801

620,666

50,776

159,256
30,778188,010
44,775
143,235
149,741
527,787(Millions of yen)
Balance sheet amount
As of March 31, 2014
168,661
37,237
235,435
51,863
183,571
179,332
620,666(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, 2013

(3) Fair Value Information on Monetary Trusts (Separate Account)Not applicable(4) Fair Value Information on Derivative Transactions (Separate Account)Not applicable144. Other(1) Key Performance Indicators for Past Five Fiscal Years
For theyear ended
March 31, 2010

For theyear ended
March 31, 2011

For theyear ended
March 31, 2012

For theyear ended
March 31, 2013

(Millions of yen)
For theyear ended
March 31, 2014

Ordinary revenues

881,798

900,091

967,400

1,142,274

1,197,109

Ordinary profit

80,09973,17669,43674,65969,205

Core profit

64,51756,29571,68580,04572,365

Net income

46,13840,22031,42642,44437,06370,000(70,000 thousand
shares)

70,000(70,000 thousand
shares)

70,000(70,000 thousand
shares)

70,000(70,000 thousand
shares)

70,000(70,000 thousand
shares)4,286,540

4,723,332

5,222,846

5,952,750

6,624,903

373,604

398,124444,289

550,624

640,562

3,985,610

4,371,484

4,843,020

5,472,930

6,123,633

127,599

134,419

138,909145,104

154,219

Securities

3,539,114

4,017,583

4,545,019

5,211,535

5,954,716

Solvency margin ratio

2,637.3%

2,900.1%

1,980.4%

2,281.8%

2,358.7%

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

5,835

5,921

6,060

6,323

6,547

Policy amount in force

34,598,244

35,947,326

37,345,780

39,124,675

40,500,241

72,34858,93757,81156,50355,196

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 isdifferent from those for the previous fiscal years. The above-stated figure in [1,720.0%] for the year ended March 31, 2011 wascalculated on the15(2) Policy Reserves Calculation Methods and Ratios for Individual Life Insurance and Individual Annuities
For the year ended
March 31, 2013

Category

Calculating
methodFor the year ended
March 31, 2014

Pure death-protection insurance
Policies subject toMixed insurance
standard policy reserve
Pure endowment insurance
methodAnnuities

Net level premium reserve method Net level premium reserve method

Pure death-protection insurance
Policies not subject to Mixed insurance
standard policy reserve
Pure endowment insurance
methodAnnuities

Net level premium reserve method Net level premium reserve method

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

Net level premium reserve method Net level premium reserve method
Net level premium reserve method Net level premium reserve method
Net level premium reserve method Net level premium reserve method

Net level premium reserve method Net level premium reserve method
Net level premium reserve method Net level premium reserve method
Net level premium reserve method Net level premium reserve method

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.

16