May 13, 2019
Ryosuke Mori, President
LIFENET INSURANCE COMPANY(Securities Code: 7157, TSE Mothers)

Amendment to Financial Resultsfor Fiscal 2017 Ended March 31, 2018TOKYO, May 13, 2019 - LIFENET INSURANCE COMPANY (TSE Mothers 7157, President
Ryosuke Mori, URL: https://ir.lifenet-seimei.co.jp/en/) hereby announces that amendment has
been made to Financial Results for Fiscal 2017 Ended March 31, 2018 released on May 15,
2018. The amendment is as below.
Financial Results for Fiscal 2017 Ended March 31, 2018 (Underlines denote amendment)
Page 12(4) Statements of Cash Flows
Cash flows from investing activities(Before amendment)(In millions of yen)
Year ended March 31
2017
Purchase of securities2018(5,217)(6,320)(After amendment)(In millions of yen)
Year ended March 31
2017
Purchase of securities2018(5,217)

Statements of Cash Flows after amendment is as shown on the page 2.

1(6,302)

(4) Statements of Cash Flows(In millions of yen)
Year ended March 31
2017

2018

Cash flows from operating activities
Income (loss) before income taxes ·····································(2,038)(209)

Depreciation and amortization ···········································

239

254

Increase (decrease) in reserves for outstanding claims ···········

(45)

117

Increase (decrease) in policy reserves ·································

3,638

3,567

Increase (decrease) in reserve for price fluctuations ···············

6

11

Interest, dividends and other income ···································

(215)

(232)

Loss (gain) related to securities ··········································

－

(47)

Interest expenses ···························································

11

Foreign exchange losses (gains) ······································－

26

Decrease (increase) in agency accounts receivable ···············

(1)

(2)

Decrease (increase) in reinsurance accounts receivable ··········

(3)

(15)

Decrease (increase) in other assets <excluding assets for investing and financing activities > ·2,055(80)

Increase (decrease) in agency accounts payable ························

3119Increase (decrease) in reinsurance accounts payable ·············

1239

Increase (decrease) in other liabilities <excluding assets for investing and financing activities> ·899

Other, net ······································································

1(35)Subtotal ········································································

3,690

3,514

Interest and dividends income received ·······························
Interest expenses paid ·····················································

325
(1)

307
(1)

Income taxes paid ···························································

(111)

(0)

Net cash provided by (used in) operating activities ············

3,904

3,820

Cash flows from investing activities
Purchase of money held in trust ·········································－(1,600)Purchase of securities ······················································(5,217)(6,302)

Proceeds from sales and redemption of securities ······················

1,700

4,401

Total of net cash provided by (used in) investment transactions ···(3,517)(3,501)

Total of net cash provided by (used in) operating activities and investment transactions ···386318Purchase of tangible fixed assets ·······································
Purchase of intangible fixed assets ·····································

(39)
(277)

(21)
(330)

Net cash provided by (used in) investing activities ·············(3,834)(3,852)

Cash flows from financing activities
Proceeds from issuance of stock resulting from exercise of subscription rights to shares ···213－

Repayments of lease liabilities ···········································

(13)

(19)

Net cash provided by (used in) financing activities ············

200

(19)

Effect of exchange rate changes on cash and cash equivalents·····

－

(26)

Net increase (decrease) in cash and cash equivalents ················

270

(78)

Cash and cash equivalents, beginning of the year ······················

2,734

3,004

Cash and cash equivalents, end of the year ······························

3,004

2,9262