| May 30, 2001 |
| Mitsui and Sumitomo Marine Groupe-Mid-Term Strategic Business Plan |
|
(Sheet 1)
Mid-term Outlooks of Business Performance After Merger |
(Unit: Yen in billions or %) |
| FY2000 (2-company total) |
FY2001 (2-company total) |
FY2002 | |
| Net premium income | 1,161.7 (2.3% increase) |
1,850.0 (2.0% increase) |
1,210.0 (2.1% increase) |
| Loss ratio | 58.4% | 59.3% | 59.2% |
| Operating expenses ratio | 37.3% | 36.6% | 35.5% |
| Combined ratio | 95.7% | 95.9% | 94.7% |
| Net investment income | 54.3 | 50.0 | 53.0 |
| Net income | 27.1 | 30.0 | 40.0 |
| ROE (Book value) | 4.3% | 4.7% | 6.0% |
| ROE (Present value) | 1.7% | 2.0% | 2.6% |
| Consolidated Net income |
29.9 | 32.0 | 45.0 |
| Consolidated ROE (Book value) | 4.7% | 5.0% | 6.8% |
| Consolidated ROE (Present value) | 1.9% | 2.1% | 2.9% |
| Notes: * "Net premium income" excludes ModoRich Fund (Good Results Return premiums). *ROE figures are calculated as below: |
|
| ROE (Book value): | "Net income" / "Shareholder's equity" (average of book value at the beginning and at the ending of each business term) |
| ROE (Present value): | "Net income" / "Shareholder's equity" (average of present value at the beginning and at the ending of each business term) |
| In order to calculate ROE (Present value) figures for FY2000, the amount of Shareholder's equity as at March 31, 2000 is amended to present value from book value. | |
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