May 15, 2019Sony Financial Holdings Inc.

Supplementary Data on Sony Life’s Financial Results
for the Fiscal Year Ended March 31, 2019
<Contents>
1. Company Total of General Account and Separate Account(1) Status of Investment Assets(i) Portfolio of investment assets(ii) Changes in investment assets by categories(2) Securities(i) Valuation gains (losses) on trading-purpose securities(ii) Fair value information on securities(iii) Fair value information on money held in trust(iv) Fair value information on derivative transactions
2. General Account Assets(1) Securities(i) Details of securities(ii) Balance of securities by remaining period(iii) Fiscal year-end yields on bonds(iv) Japanese stock holdings by industry(v) Fair value information on derivative transactions(2) Loans(i) Details of loans(3) Overseas Investment(i) Details by assets(ii) Foreign currency-denominated assets by currency(iii) Overseas investments by region(4) Real Estate(i) Details of tangible fixed assets(ii) Balance of real estate and the number of buildings for rent
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(2) Details of Securities(3) Fair Value Information on Money held in Trust(4) Fair Value Information on Derivative Transactions
4. Others(1) Key Performance Indicators for Past Five (5) Fiscal Years(2) Policy Reserve Calculation Methods, and for Ratios, Involving Individual Life
Insurance and Individual Annuities

P.2

P.3

P.6

P.10
P.11

P.13

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

P.15
P.16

Disclaimer:This English translation is prepared for the readers' convenience. When there are any discrepancies between original Japanese version
and English translation version, the original Japanese version always prevails.

11. Company Total of General Account and Separate Account(1) Status of Investment Assets(i) Portfolio of investment assets
Category
Cash and deposits, call loans
Securities repurchased under resale agreements
Pledged money for bond borrowing transaction
Monetary claims purchased
Securities under proprietary accounts
Money held in trust
Securities
Japanese 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

As of March 31, 2018
AmountComposition

119,183－－－－
270,582
8,765,967
7,428,994
88,376959,188443,921515,267
289,408
189,486
92,346
10,787
119,630(295)
9,567,689
974,049

1.2
－
－
－
－
2.8
91.6
77.6
0.9
10.0
4.6
5.4
3.0
2.0
1.0
0.1
1.3
(0.0)
100.0
10.2

(Millions of yen, %)As of March 31, 2019
AmountComposition

175,746－－－－
269,387
9,523,877
7,892,912
49,381
1,262,611
628,673
633,938
318,971
198,41090,804
14,248108,296(623)
10,380,148
1,262,559

1.7
－
－
－
－
2.6
91.8
76.0
0.5
12.2
6.1
6.1
3.1
1.9
0.9
0.1
1.0
(0.0)
100.0
12.2

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

(ii) Changes in investment assets by categories
Category

For the year ended March 31, 2018
Amount(Millions of yen)
For the year ended March 31, 2019
Amount10,267－－－－(3,295)
672,775
452,120
1,422
177,123
101,298
75,825
42,1089,112(25,178)
5,437
24,981(23)
694,076
187,044

56,563－－－－(1,194)757,909463,918(38,994)
303,422
184,751
118,671
29,5638,924(1,542)
3,461(11,333)(328)
812,458
288,509

Cash and deposits, call loans
Securities repurchased under resale agreements
Pledged money for bond borrowing transaction
Monetary claims purchased
Securities under proprietary accounts
Money held in trust
Securities
Japanese 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: The amount for real estate is equivalent to the total amount of land, buildings and construction in progress.

2(2) Securities(i) Valuation gains (losses) on trading-purpose securities(Millions of yen)
As of March 31, 2018
Category

Net valuation gains (losses) recorded
in incomeBalance sheet amount
Trading-purpose securities

As of March 31, 2019

1,048,062

Net valuation gains (losses) recorded
in incomeBalance sheet amount

36,944

1,185,507

30,070(ii) Fair value information on securities
a. Securities with fair value (except trading-purpose securities)(Millions of yen)
As of March 31, 2018

As of March 31, 2019

Net unrealized gains (losses)
Category

Held-to-maturity securities
Policy-reserve-matching bonds

Carrying
amountFair value

6,467,997

8,050,644

1,582,646

1,640,383

401,958

436,842

34,88435,939－－－Stocks of subsidiaries andaffiliated companies
Available-for-sale securities

Net unrealized gains (losses)
Carrying
amountFair value

57,7366,770,008

8,800,847

2,030,838

2,051,389

20,551

1,055

680,757

764,282

83,52583,733

208

－

－

－

－

－

－

－

Unrealized Unrealized
gains
losses

Unrealized Unrealized
gains
losses921,995

1,091,187

169,192

172,541

3,349

964,854

1,132,524

167,670

169,810

2,140

Japanese bonds

847,062

1,002,106

155,044

155,044－867,645

1,024,732

157,086

157,086－

Japanese stocks

13,68530,66816,982

17,00825

9,685

19,143

9,458

9,555

96

Foreign securities

61,081

58,125(2,955)

368

3,323

87,357

88,341

984

3,027

2,043

Bonds

49,39846,689(2,709)

368

3,077

79,56881,811

2,243

3,027

784

Stocks, etc.

11,682

11,436

(245)

－

245

7,788

6,529

(1,259)－

1,259

Other securities

165

286

120

120

－

165

307

141

141

－

Monetary claims purchased

－

－

－

－

－

－

－

－

－

－

Certificates of deposit

－

－

－

－

－

－

－

－

－

－

Others

－

－

－

－

－

－

－

－

－

－

Total

7,791,950

9,578,673

1,786,723

1,848,865

62,142

8,415,620

10,697,654

2,282,034

2,304,933

22,899Japanese bonds

7,397,136

9,185,284

1,788,148

1,827,186

39,037

7,858,097

10,129,659

2,271,562

2,277,594

6,032

Japanese stocks

13,68530,66816,982

17,00825

9,685

19,143

9,458

9,555

96

Foreign securities

380,962

362,434(18,528)

4,550

23,078547,671548,543872

17,642

16,770

Bonds

369,280

350,998(18,282)

4,550

22,832539,883

542,0142,131

17,642

15,511

Stocks, etc.

11,682

11,436

(245)

－

245

7,788

6,529

(1,259)－

1,259

Other securities

165

286

120

120

－

165

307

141

141

－

－

－

－

－

－

－

－

－

－

－

Monetary claims purchased
Certificates of deposit

－

－

－

－

－

－

－

－

－

－

Others

－

－

－

－

－

－

－

－

－

－

Notes:
1. The above table includes assets that are permitted to be treated as equivalent to securities defined in the Financial Instruments and Exchange Act of Japan.
2. The carrying amount and net unrealized gains (losses) on money held in trust, including items other than trading-purpose securities, amounted to ¥232,484 million and¥38,552 million, as of March 31, 2018, respectively, and ¥232,566 million and ¥37,275 million, as of March 31, 2019, respectively.

b. Carrying amounts of securities for which fair value cannot be measured reliably(Millions of yen)
Category

As of March 31, 2018

As of March 31, 2019

Held-to-maturity securities－－

Unlisted foreign bonds－－

Others－－－－Stocks of subsidiaries and affiliated companies

15,926

16,276

Available-for-sale securities

7,719

5,445

Unlisted domestic stocks (except OTC stocks)

159

159

Unlisted foreign stocks (except OTC stocks)

590

355

－

－

Policy-reserve-matching bonds

Unlisted foreign bonds
Others
Total

3

6,968

4,929

23,64521,721

c. Fair Value Information consisting of those stated in the previous Table a. and Table b. after evaluating foreign exchange and other gains (losses)(Millions of yen)

As of March 31, 2018
Category

Held-to-maturity securities

As of March 31, 2019

Net unrealized gains (losses)

Carrying
amountFair value

Unrealized Unrealized
gains
lossesNet unrealized gains (losses)

Carrying
amountFair value

Unrealized Unrealized
gains
losses6,467,997

8,050,644

1,582,646

1,640,383

57,7366,770,008

8,800,847

2,030,838

2,051,389

20,551

Policy-reserve-matching bonds

401,958

436,842

34,88435,9391,055

680,757

764,282

83,52583,733208

Stocks of subsidiaries and affiliatedcompanies

15,92615,926－－－

16,276

16,280

4

4

－
2,491

Available-for-sale securities

929,714

1,103,060

173,345

176,918

3,572

970,299

1,141,169

170,869

173,361

Japanese bonds

847,062

1,002,106

155,044

155,044－867,645

1,024,732

157,086

157,086－

Japanese stocks

13,84530,82816,982

17,00825

9,845

19,303

9,458

9,555

96
2,043

Foreign securities

61,671

59,702(1,968)

1,354

3,323

87,712

89,867

2,154

4,198

Bonds

49,39846,689(2,709)

368

3,077

79,56881,811

2,243

3,027

784

Stocks, etc.

12,27313,013

740

986

245

8,144

8,055

(88)

1,170

1,259

Other securities

351

7,134

10,422

3,287

3,510

222

5,095

7,265

2,170

2,521

Monetary claims purchased

－

－

－

－

－

－

－

－

－

－

Certificates of deposit

－

－

－

－

－

－

－

－

－

－

－

－

－

－

－

－

－

－

－

－

7,815,596

9,606,473

1,790,876

1,853,241

62,3658,437,341 10,722,579

2,285,238

2,308,489

23,251

Japanese bonds

7,397,136

9,185,284

1,788,148

1,827,186

39,037

7,858,097 10,129,659

2,271,562

2,277,594

6,032

Japanese stocks

21,482

38,464

16,982

17,00825

17,832

27,290

9,458

9,555

96

Foreign securities

389,842

372,301(17,541)

5,536

23,078556,316

558,364

2,047

18,817

16,770

Bonds

369,280

350,998(18,282)

4,550

22,832539,883

542,0142,131

17,642

15,511

Stocks, etc.

20,562

21,302

740

986

245

16,433

16,349

(84)

1,175

1,259

Other securities

7,134

10,422

3,287

3,510

222

5,095

7,265

2,170

2,521

351

Monetary claims purchased

－

－

－

－

－

－

－

－

－

－

Certificates of deposit

－

－

－

－

－

－

－

－

－

－

Others

－

－

－

－

－

－

－

－

－

－

OthersTotal(iii) Fair value information on money held in trust(Millions of yen)

As of March 31, 2018

Category

Money held in trust

As of March 31, 2019

Net unrealized gains (losses)

Balancesheet
amountFair value

270,582

270,582

Unrealized Unrealized
gains
losses－－－Net unrealized gains (losses)

Balancesheet
amountFair value

269,387

269,387

Unrealized Unrealized
gains
losses－－－Note: The above table includes jointly invested money held in trust, amounted to ¥40 million as of March 31, 2018 and March 31, 2019, respectively.

■ Money held in trust for investment
Not applicable■ Money held in trust for held-to-maturity, policy-reserve-matching and other(Millions of yen)

As of March 31, 2018
Category

As of March 31, 2019

Net unrealized gains (losses)

Carrying
amountFair value

Money held in trust for held-to-maturity

－

－

－

－

Money held in trust forpolicy-reserve-matching

－

－

－

Other money held in trust

231,989

270,541

38,552

4

Net unrealized gains (losses)

Carrying
amountFair value

－

－

－

－

－

－

－

－

－

－

－

－

－

38,552－232,071

269,346

37,27537,275－

Unrealized Unrealized
gains
losses

Unrealized Unrealized
gains
losses(iv) Fair value information on derivative transactions■ Qualitative Information(1) Transaction details
The main derivative transactions used by Sony Life are as follows:
Currency-related: Forward foreign exchange transactions
Stock-related: Stock index futures trading, total return swap transactions(2) Purpose of use and 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.
Currency-related : The purpose is to hedge foreign currency-related risk related to its holdings of assets and the minimum guaranteed for individual variable life insurance.
Stock-related: The purpose is to hedge stock-related risk related to its holdings of assets and the minimum guaranteed for individual variable life insurance.

(3) Risk details
The risk of fluctuations in market value (currency-related risk and stock-related risk) is inherent to derivative transactions employed by Sony Life. 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.
(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, the administrative
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 Sony Life’s Board of Directors and Executive Committee.
(5) Supplemental information regarding quantitative information
Sony Life does not employ hedge accounting for derivative transactions.
■ Quantitative Information(1) Breakdown of valuation gains (losses) (Derivatives to which hedge accounting is applied and derivatives to which hedge accounting is not applied)(Millions of yen)
BondInterest rateCurrencyStockrelated
OthersTotal
relatedrelatedrelated－－－－－－Hedge accounting is applied
As of
－
－
－
5,772
786
6,559
Hedge accounting is not applied
Mar. 31,
2018

Total

－

5,772

786

－

－

6,559

As of
Mar. 31,
2019

Hedge accounting is applied
Hedge accounting is not applied

－
－

－
(409)

－
(7,331)

－
－

－
－

－
(7,741)

Total

－

(409)

(7,331)－－(7,741)

Note: Valuation gains (losses) on derivatives to which hedge accounting is not applied are recorded in the statements of income.
(2) Derivatives to which hedge accounting is not applied(a) Interest rate derivatives
Not applicable(b) Currency derivatives(Millions of yen)
As of March 31, 2018

Category

Items

Notional amount total

As of March 31, 2019
Notional amount total

Valuation
gains (losses)

Fair valueOver 1 year

Valuation
gains (losses)

Fair valueOver 1 year

Forward foreign exchanges

153,617

－

5,775

5,775

21,154

－

(409)

(409)

U.S. dollars

124,094

－

4,572

4,572

12,740

－

(354)

(354)

Euro

29,522

－

1,203

1,203

8,413

－

(54)

(54)

Bought

172

－
－

(3)

(3)

－

－

－

(3)

(3)

－
－

Sold
Over-thecountertransactions

172

U.S. dollars

Total

－

－

5,772

－
(409)

Notes:
1. The fair value forward foreign exchanges is calculated using the discounted present value based on the fiscal year-end interest rate.
2. Fair value is also shown in the column under "Valuation gains (losses)".

(c) Stock derivatives(Millions of yen)
As of March 31, 2018
Items

Category

Notional amount total

As of March 31, 2019
Valuation
gains (losses)

Fair valueOver 1 year
ListedOver-the-countertransactions

Notional amount total

Valuation
gains (losses)

Fair valueOver 1 year

Stock index futures
Sold
Total return swaps

106,875

－

786

786

58,724

－

308

308

－

－

－

－
786

63,107－(7,640)(7,640)(7,331)

Sold

Total
Note: Fair value is also shown in the column under "Valuation gains (losses)".

(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 applicable52. General Account Assets(1) Securities(i) Details of securities(Millions of yen, %)Category
Japanese government bonds

As of March 31, 2018

As of March 31, 2019

AmountAmountComposition

Composition

6,825,024

88.4

7,212,288

86.5

451

0.0

448

0.0

455,668

5.9

532,604

6.4

387,6385.0

460,976

5.5

Japanese stocks

38,4640.5

28,611

0.3

Foreign securities

396,9105.1

564,666

6.8

Bonds

366,571

4.7

542,126

6.5

Stocks, etc.

30,3390.4

22,5390.3

Other securities

1,385

0.0

1,071

0.0

7,717,905

100.0

8,339,691

100.0Japanese local government bonds
Japanese corporate bonds
Public corporation bonds

Total

6

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

Category

More than
1 yearto 3 years

Within1 yearMore than
3 yearto 5 years

More than
5 yearto 7 years

Over 10 years(including
no fixed maturity)

More than
7 yearto 10 years

Total

As of March 31, 2018
Japanese government bonds－－

16,631

213,510417,615

6,177,266

6,825,024

Japanese local government
bonds
Japanese corporate bonds

－

－

－

－

－

451

451

－

－
－
3,309

－
－
1,516

4,925
－
310

3,220
－
－

－
5,476
400
5,876

－
3,309

－
310

－
3,309

－
1,516
699
18,847－
218,745－－－
420,836

447,522
38,464386,297366,571
19,726286
7,050,288

455,668
38,464
396,910366,571
30,3391,385
7,717,905

Japanese government bonds

－

5,372

56,110270,303

388,956

6,491,545

7,212,288

Japanese local government
bonds
Japanese corporate bonds

－

－

－

－

－

448

448

－
－
4,708
－
4,708
98
4,806

－
－
2,790
－
2,790
665
8,828

2,327
－
222
－
222
－
58,659

2,588
－
－
－
－
－
272,892

3,220
－
－
－
－
－
392,177

524,468
28,611556,945
542,126
14,818307
7,602,326

532,604
28,611
564,666
542,126
22,5391,071
8,339,691

Japanese stocks
Foreign securities
Bonds
Stocks, etc.
Other securities
Total

－
5,476

As of March 31, 2019Japanese stocks
Foreign securities
Bonds
Stocks, etc.
Other securities

Total
Note: Items treated as securities based on “financial product accounting standards” (Corporate Accounting Standards No. 10) are included.

(iii) Fiscal year-end yields on bonds
Category(%)

As of March 31, 2018

As of March 31, 2019Japanese bonds

1.82

1,76

Foreign bonds

2.43

2.55

Note: Figures in this table are calculated excluding discount bonds.

7

(iv) Japanese stock holdings by industry
Category
Fisheries, agriculture and forestry
MiningConstruction
Manufacturing industries
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
Transportation/Information telecommunications
Ground transportation
Water transportation
Air transportation
Warehouses/transportation
Information/telecommunications
Commerce
Wholesalers
Retailers
Financial services/insuranceBanking
Securities and commodity futures trading
Insurance
Other financial services
Real estate
Service companies
Total

As of March 31, 2018
AmountComposition(Millions of yen)
As of March 31, 2019
AmountComposition

－
－
2,003

－
－
5.2

－
－
1,806

－
－
6.3

833
－
－
1,563
1,431
－
－
171
－
－
358
1,662
5,627
2,566
399
585
512

2.2
－
－
4.1
3.7
－
－
0.4
－
－
0.9
4.3
14.6
6.7
1.0
1.5
1.3

93
－
－
808
887
－
－
143
－
－
277
940
4,969
2,434
730
810
－

0.3
－
－
2.8
3.1
－
－
0.5
－
－
1.0
3.3
17.4
8.5
2.6
2.8
－

1,821
－
－
－
3,533

4.7
－
－
－
9.2

1,187
－
－
－
257

4.2
－
－
－
0.9

－
3,433

－
8.9

106
2,877

0.4
10.1

－
－
7,796
1,093
－
3,068
38,464

－
－
20.3
2.8
－
8.0
100.0

－
－
8,096
926
－
1,256
28,611

－
－
28.3
3.2
－
4.4
100.0

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

8

(v) Fair value information on derivative transactions (total of derivatives to which hedge accounting is applied and derivatives to which hedge accounting is notapplied)(1) Breakdown of valuation gains (losses) (Derivatives to which hedge accounting is applied and derivatives to which hedge accounting is not applied)(Millions of yen)Interest raterelated

Currencyrelated

Stockrelated

Bondrelated

OthersTotal

As of March 31, 2018
Hedge accounting is applied

－

－

－

－

－

－

Hedge accounting is not applied

－

5,772

786

－

－

6,559

－

5,772

786

－

－

6,559

Total
As of March 31, 2019
Hedge accounting is applied

－

－

－

－

－

－

Hedge accounting is not applied

－

(409)

(7,331)－－(7,741)

Total
－
(409)
(7,331)－－(7,741)
Note: Valuation gains (losses) on derivatives to which hedge accounting is not applied are recorded in the statements of income.
(2) Interest rate derivatives
Not applicable(3) Currency derivatives(Millions of yen)
As of March 31, 2019

As of March 31, 2018
Category

Items

Notional amount total

Fair valueOver 1 year
Forward foreign exchanges
SoldOver-theU.S. dollar
counterEurotransactions
BoughtU.S. dollars

－
－
－
－
－

153,617
124,094
29,522
172
172

5,775
4,572
1,203
(3)
(3)

Total

Valuation
gains(losses)

5,775
4,572
1,203
(3)
(3)
5,772

Notional amount total

Fair valueOver 1 year
21,154
12,740
8,413
－
－

－
－
－
－
－

(409)
(354)
(54)
－
－

Valuation
gains(losses)

(409)
(354)
(54)
－
－
(409)

Notes:
1. The fair value of forward foreign exchanges is calculated using the discounted present value based on the interest rate as of the end of each period.
2. Fair value is also shown in the column under "Valuation gains (losses)".

(4) Stock derivatives(Millions of yen)
As of March 31, 2019

As of March 31, 2018
Category

Items

Notional amount total

Fair valueOver 1 year
ListedValuation
gains(losses)

Notional amount total

Fair value

Valuation
gains(losses)Over 1 year

Stock index futures

Sold
Over-theTotal return swaps
countertransactions
Sold

106,875

－

786

－

－

－

Total

786

58,724

－

308

308

－

63,107－(7,640)(7,640)786

Note:
1. The fair value of stock index futures is the closing exchange-traded prices as of the end of each period.
2. The fair value of total return swaps is calculated based on stock price and other as of the end of each period.
3. Fair value is also shown in the column under "Valuation gains (losses)".

(5) Bond derivatives
Not applicable(6) Others
Not applicable9(7,331)

(2) Loans(Millions of yen)(i) Details of loans
Category

As of March 31, 2018

189,460
172,356
17,10425
25
189,486

Policy Loans
Policyholder loans
Automatic premium loans
Commercial loans
OthersTotal
Note: Details of ''Others'' are employees loans.

10

As of March 31, 2019

198,369
180,988
17,38041
41
198,410

(3) Overseas Investment(i) Details by assets■ Foreign currency-denominated assets (yen amount not fixed)
As of March 31, 2018
Category
AmountComposition
Foreign bonds
366,571
87.7
Foreign stocks
13,352
3.2
Cash, deposits and other
29,9397.2
Subtotal
409,863
98.0(Millions of yen, %)As of March 31, 2019
AmountComposition

542,126
8,395
11,573562,095

95.1
1.5
2.0
98.6

■ Foreign currency-denominated assets (yen amount fixed)
Not applicable■ Yen-denominated assets
Category(Millions of yen, %)As of March 31, 2018
AmountComposition

As of March 31, 2019
AmountComposition

－

－

－

－

Foreign bonds and others

8,322

2.0

8,199

1.4

Subtotal

8,322

2.0

8,199

1.4

Loans to borrowers located outside of Japan■ Total(Millions of yen, %)Category

As of March 31, 2018
AmountComposition

418,185

Overseas Investment

As of March 31, 2019
AmountComposition

100.0

570,294100.0(ii) Foreign currency-denominated assets by currency(Millions of yen, %)Category

As of March 31, 2018
AmountAs of March 31, 2019

Composition

AmountComposition

388,586

94.8

553,290

98.4

Euro

9,376

2.3

1,853

0.3

Australian dollar

11,438

2.8

6,529

1.2

British pound

120

0.0

81

0.0

Singapore dollar

341

0.1

341

0.1

409,863100.0

562,095

100.0

U.S. dollar

Total

11

(iii) Overseas investments by region(Millions of yen, %）As of March 31, 2018
Foreign securities
Category

Bonds
AmountNorth America
EuropeOceania
Asia
Latin America
Middle East
AfricaInternational organizations
Total

370,252
3,421
11,436339
11,461－－－
396,910

Composition

93.3
0.9
2.9
0.1
2.9
－
－
－
100.0

AmountComposition

366,571
－
－
－
－
－
－
－
366,571

Loans to borrowers
located outside of Japan

Stocks, etc.

100.0
－
－
－
－
－
－
－
100.0

AmountComposition

3,681
3,421
11,436339
11,461－－－30,339Bonds
AmountNorth America
EuropeOceania
Asia
Latin America
Middle East
AfricaInternational organizations
Total

544,778
2,712
6,529
339
10,306－－－564,666

Composition

96.5
0.5
1.2
0.1
1.8
－
－
－
100.0

Amount542,126
－
－
－
－
－
－
－
542,126

12

100.0
－
－
－
－
－
－
－
100.0

Amount

2,652
2,712
6,529
339
10,306－－－
22,539

－
－
－
－
－
－
－
－
－

Loans to borrowers
located outside of Japan

Stocks, etc.

Composition

Composition

－
－
－
－
－
－
－
－
－

12.1
11.3
37.7
1.1
37.8
－
－
－
100.0

As of March 31, 2019
Foreign securities
Category

AmountComposition

11.8
12.0
29.0
1.5
45.7
－
－
－
100.0

AmountComposition

－
－
－
－
－
－
－
－
－

－
－
－
－
－
－
－
－
－

(4) Real Estate(i) Details of tangible fixed assets(Millions of yen)

Category

Balance at the
Increase in the
beginning of
periodthe period

Decrease in
the period

Amount of Balance at the
depreciation in end of thethe period
periodAmount ofaccumulated
depreciation% ofaccumulated
depreciation

83,007－

20,747－62,259－－34,442

731

2,976

2,109

30,08725,52245.9

For the year endedMarch 31, 2018Land
Buildings[0]

Leased assets

10

0

－

4

5

17

74.6

Construction in progress

75

－

75

－

－

－

－

Other tangible fixed assets

906

90

1

179

816

1,640

66.8

118,441822

23,801

2,293

93,16927,180

46.8

Total

[0]

For the year ended March 31, 2019Land
Buildings

62,259－－－62,259－－30,087

494

69

1,967

28,54427,45949.0[34]Leased assets

5

21

1

4

20

0

2.4

Construction in progress

－

－

－

－

－

－

－

816

130

4

189

752

1,791

70.4

2,161

91,57729,251

49.9

Other tangible fixed assets
Total

[2]
93,169

646

76
[37]

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

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

Category
Real estate balance
For corporate use
For rent
Number of buildings for rent

As of March 31, 2018 As of March 31, 2019
92,34690,804
6,351
7,232
85,99583,5712
2

13

3. Fair Value Information on Separate Account Assets in 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(Millions of yen)

As of March 31, 2018
Category

Trading-purpose securities

As of March 31, 2019

Balance sheet amount

Net valuation gains(losses) recorded
in incomeBalance sheet amount

Net valuation gains(losses) recorded
in income

1,048,062

36,976

1,184,185

30,230(2) Details of Securities
Category

As of March 31, 2018
Balance sheet amountJapanese bonds

147,849
49,911
562,277
77,350484,927
288,022
1,048,062

Japanese stocks
Foreign securities
Bonds
Stocks, etc.
Other securities
Total(3) Fair Value Information on Money held in Trust
Not applicable(4) Fair Value Information on Derivative Transactions
Not applicable

14(Millions of yen)
As of March 31, 2019
Balance sheet amount
147,570
20,770697,945
86,546
611,398
317,900
1,184,185

4. Others(1) Key Performance Indicators for Past Five (5) Fiscal Years(Millions of yen)

Ordinary revenues
Ordinary profit
Core profit
Net income
Common stock
Shares issued and outstanding[thousands of shares]
Total assets
Separate account assets
Policy reserves
Loans
Securities
Solvency margin ratio
Number of employees
Policy amount in force
Policy amount in force for group annuities

For the year
ended
March 31, 2015

For the year
ended
March 31, 2016

For the year
ended
March 31, 2017

For the year
ended
March 31, 2018

For the year
ended
March 31, 2019

1,223,827
79,66576,50542,52470,0001,230,141
60,79243,01937,09670,0001,243,739
60,18083,83135,18570,0001,351,076
56,33881,38445,13470,0001,464,218
79,812
97,24249,60270,000[70,000][70,000][70,000][70,000][70,000]

7,301,350
793,344
6,727,241
162,399
6,543,703
2,555.0%
6,781
42,430,898
17,2108,035,408
850,323
7,336,533
171,649
7,273,361
2,722.8%
7,289
44,749,196
13,093

8,873,613
989,605
7,929,944
180,374
8,093,192
2,568.8%
7,865
47,185,239
11,5709,567,689
1,128,817
8,566,075
189,486
8,765,967
2,624.3%
8,246
49,173,547
10,037

10,380,148
1,300,701
9,268,422
198,410
9,523,877
2,590.5%
8,461
51,474,244
8,664

Notes:
1. Policy amount in force is the total of individual life insurance, individual annuities and group life insurance.
Policy amount for individual annuities is equal to the sum of (a) the funds to be held at the time annuity payments are to commence
for policies for which annuity payments have not yet commenced and (b) the amount of policy reserves for policies for which
payments have commenced.
2. The policy amount in force for group annuities is equal to the amount of policy reserves.

15

(2) Policy Reserve Calculation Methods, and for Ratios, Involving Individual Life insurance and Individual Annuities

Category

Pure death-protection insurance
Policies subject toMixed insurance
standard policy
Pure endowment insurance
reserve method
Calculation
Annuities
methodPure death-protection insurance
Policies not subject
Mixed insurance
to standard policy
Pure endowment insurance
reserve method
Annuities
Ratio of "amount of the company's policy reserves (excluding contingency
reserve)" to "policy reserves required by regulatory standards"

For the year ended
March 31, 2018

For the year ended
March 31, 2019

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 ratios are set for individual life insurance and individual annuities. The concept of calculation
method is not targeted at policy reserves 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