MS&AD stock fell 2.25 percent after Q1 profit surged

Published on 10/04/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

MS&AD Insurance Group Holdings stock reported JPY 328.6 billion in Q1 profit on August 14, 2026. The full-year plan remains JPY 425.0 billion as analysts diverge.

MS&AD, JP3890310000, Illustration mit AI erstellt.

MS&AD Insurance Group Holdings stock (ISIN JP3890310000) was last at JPY 4,776 on the Tokyo Stock Exchange on October 2, 2026, down 2.25 percent from the previous close. The move followed a first-quarter earnings picture that combined a 33.4 percent profit increase with unchanged full-year guidance.

Profit rose in fiscal Q1

According to Note on August 14, 2026, insurance revenue reached JPY 1.6861 trillion in the quarter ended June 30, 2026, up 14.1 percent year over year. Quarterly profit before tax rose 33.4 percent to JPY 440.9 billion, while profit attributable to owners of the parent increased 33.4 percent to JPY 328.6 billion.

The earnings mix matters. Adjusted profit stood at JPY 310.6 billion, equal to 38.8 percent of the full-year adjusted plan of JPY 800.0 billion, while adjusted profit excluding gains and losses on strategic shareholdings reached JPY 251.0 billion, or 47.2 percent of its JPY 532.0 billion plan, according to Note.

Guidance stayed at JPY 425 billion

Simply Wall St reported that MS&AD's fiscal-year guidance for the year ending March 31, 2027, calls for net income attributable to owners of the parent of JPY 425.0 billion and basic earnings per share of JPY 295.75. The annual profit plan is 16.8 percent below the prior-year figure cited in the same analysis.

That gap between IFRS profit progress and adjusted-profit progress gives the results a more cautious interpretation. Overseas operations supplied JPY 52.9 billion of the JPY 71.1 billion increase in adjusted profit, while domestic non-life insurance contributed JPY 4.2 billion, according to Note.

Stock sits below its yearly high

At JPY 4,776 on October 2, 2026, MS&AD stock stood 10.3 percent below its 52-week high of JPY 5,326 and 53.6 percent above its 52-week low of JPY 3,108. Trading volume was 4,946,000 shares, and market capitalization was JPY 6.9 trillion on the same date.

Analyst views add a counterpoint to the price move. Markets Insider reported on October 2, 2026, that Morgan Stanley maintained a Sell rating and a JPY 4,990 price target. The target lies 4.5 percent above the October 2 price, leaving the annual guidance and the quality of profit growth as the central valuation questions.

MS&AD stock holds a JPY 4,776 reference

MS&AD stock was last at JPY 4,776 on the Tokyo Stock Exchange on October 2, 2026, at 3:30 p.m. JST. The next valuation signal is the balance between overseas earnings growth, domestic catastrophe exposure and the JPY 425.0 billion full-year profit plan.