Notice Regarding Revision of Consolidated Business Forecast

Nippon Life Insurance Company

Nippon Life Insurance Company (President: Satoshi Asahi, hereinafter “the Company”) hereby announces that in light of recent business performance and other conditions, the Company has revised its business forecast for the fiscal year ending March 31, 2026 (April 1, 2025 to March 31, 2026), which was disclosed on November 20, 2025, as follows.

1.Revision of consolidated business forecast figures for the fiscal year ending March 31, 2026 (April 1, 2025 to March 31, 2026)

This is the table that shows the revision of consolidated business forecast figures for the fiscal year ending March 31, 2026
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    Nippon Life’s unique metric combining revenues from insurance and reinsurance with other ordinary income

2.Reasons for revision

The forecast was upwardly revised mainly due to factors such as an increase in sales of single-payment whole life insurance through the Company’s sales representative channel, and an increase in sales of the foreign currency-denominated single-payment products of Nippon Wealth Life Insurance Company Limited.

This disclosure material contains forward-looking information. These forward-looking statements are prepared based on information available to the Company and certain assumptions about factors such as the economic environment and business policies at the time of preparation of this material, as well as the Company’s judgments and beliefs as of that time. None of the Company’s future business results are guaranteed. Please note that actual results may differ materially from the forecasts stated in this disclosure material as a result of various factors, including changes in the future business environment.

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