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Nippon Life's core profit at 618.80 bil. yen in FY 2000.

Publication: Japan Weekly Monitor
Publication Date: 11-JUN-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, June 4 Kyodo

Nippon Life Insurance Co. said Monday its underlying ''basic profit'' for fiscal 2000 ended March 31 came to 618.80 billion yen, supported by cost cuts and a drop in benefit pay-outs due to reduced mortality rate.

This is the first time a Japanese life insurer...

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