# MS&AD Insurance Group Holdings, Inc. (MSADY)

> Financial Services · JP · Reports in JPY

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/MSADY/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2027 | ¥ 2,210.78B | ¥ 332.95B | ¥ 0 | ¥ 1,685.81B | ¥ 6,627.26B |
| 2026 | ¥ 7,749.63B | ¥ 797.41B | ¥ 0 | ¥ 1,002.74B | ¥ 4,789.90B |
| 2025 | ¥ 4,562.02B | ¥ 488.70B | ¥ 0 | ¥ 590.57B | ¥ 4,000.62B |
| 2024 | ¥ 6,338.60B | ¥ 369.27B | ¥ 173.54B | ¥ 715.05B | ¥ 4,467.18B |
| 2023 | ¥ 5,054.51B | ¥ 179.24B | ¥ 162.32B | ¥ 714.74B | ¥ 3,010.60B |
| 2022 | ¥ 5,006.42B | ¥ 262.80B | ¥ 0 | ¥ 782.90B | ¥ 3,259.65B |
| 2021 | ¥ 4,822.55B | ¥ 144.40B | ¥ 0 | ¥ 809.09B | ¥ 3,085.37B |
| 2020 | ¥ 4,622.96B | ¥ 142.03B | ¥ 0 | ¥ 809.09B | ¥ 2,452.88B |
| 2019 | ¥ 5,290.39B | ¥ 189.08B | ¥ 0 | ¥ 659.09B | ¥ 2,751.30B |
| 2018 | ¥ 4,996.32B | ¥ 152.37B | ¥ 0 | ¥ 558.19B | ¥ 2,941.68B |
| 2017 | ¥ 5,236.00B | ¥ 208.77B | ¥ 0 | ¥ 456.19B | ¥ 2,709.28B |
| 2016 | ¥ 4,810.21B | ¥ 181.90B | ¥ 0 | ¥ 349.84B | ¥ 2,698.17B |
| 2015 | ¥ 4,656.16B | ¥ 136.95B | ¥ 0 | ¥ 226.19B | ¥ 3,006.71B |
| 2014 | ¥ 4,367.76B | ¥ 94.13B | ¥ 0 | ¥ 226.19B | ¥ 2,260.32B |
| 2013 | ¥ 4,111.38B | ¥ 86.26B | ¥ 0 | ¥ 291.18B | ¥ 1,999.58B |
| 2012 | ¥ 3,868.99B | ¥ -177.59B | N/A | ¥ 271.17B | ¥ 1,492.87B |
| 2011 | ¥ 3,496.73B | ¥ 5.67B | ¥ -103.18B | ¥ 164.96B | ¥ 1,615.23B |
| 2010 | ¥ 1,998.96B | ¥ 39.28B | ¥ -62.21B | ¥ 94.97B | ¥ 1,304.33B |
| 2009 | ¥ 470.12B | ¥ -4.04B | ¥ -9.39B | ¥ 164.96B | ¥ 1,011.23B |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.25 |
| Liabilities / Eq | 3.51 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 5.22 |
| Gross Debt / FCF | 50.19 |

## Other views

- [Metrics](https://sponda.capital/en/MSADY.md)
- [Charts](https://sponda.capital/en/MSADY/charts.md)
- [Compare](https://sponda.capital/en/MSADY/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-28.