T&D Holdings, Inc. (TDHOY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
T&D Holdings, Inc. (TDHOY) trades at $15.03. T&D Holdings, Inc. is a Japanese life insurance company offering a range of products and services. Market cap: $14.42B, Sector: Financial services.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for TDHOY: TDHOY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TDHOY against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
TDHOY: 1/1 perspectives are bearish.
How is this calculated? →T&D Holdings, Inc. (TDHOY) Financial Services Profile
T&D Holdings, Inc. is a Japanese life insurer providing death benefit, medical, and savings products through in-house sales, agents, and financial institutions. With a $14.42B market cap and a 2.66% dividend yield, it operates in Japan's competitive insurance market alongside firms like AEGOF and BLHEF.
What Is the Investment Thesis for TDHOY?
T&D Holdings presents a mixed investment case. The company's established presence in the Japanese life insurance market and diversified product offerings provide a stable revenue base. A dividend yield of 2.66% may attract income-focused investors. However, the low beta of -0.06 suggests limited correlation with the broader market, potentially reducing portfolio diversification benefits. Growth catalysts include expansion into new product lines and strategic partnerships. Key risks include exposure to regulatory changes in the Japanese insurance market and competition from established players like AEGOF and BLHEF. Investors should carefully assess the company's ability to navigate these challenges and capitalize on growth opportunities.
Based on FMP financials and quantitative analysis
TDHOY Key Highlights
- Market capitalization of $14.42B indicates a significant presence in the Japanese life insurance market.
- P/E ratio of 17.0 suggests a potentially reasonable valuation compared to earnings.
- Gross margin of 90.4% reflects efficient underwriting and cost management.
- Dividend yield of 2.66% provides a steady income stream for investors.
- Low beta of -0.06 indicates low volatility relative to the market.
Who Are TDHOY's Competitors?
TDHOY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AEGOF Aegon N.V. | $8.39 | +0.00% | $12.62B | 66 |
| BLHEF Bâloise Holding AG | $236.05 | -4.37% | $10.71B | — |
| BLHEY Bâloise Holding AG | $23.50 | -15.92% | $1.07B | — |
| DSECF Daiwa Securities Group Inc. | $9.69 | +0.00% | $13.43B | 54 |
| DSEEY Daiwa Securities Group Inc. | $10.69 | +3.69% | $14.82B | 51 |
| PUK Prudential plc | $28.07 | +1.87% | $35.02B | 67 |
| JXN-PA Jackson Financial Inc. | $25.40 | +0.19% | $7.30B | 64 |
| AEL American Equity Investment Life Holding Company | $56.47 | +0.55% | $4.49B | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TDHOY's Key Strengths?
- Strong brand recognition in Japan.
- Diversified product portfolio.
- Extensive distribution network.
- Solid financial performance.
What Are TDHOY's Weaknesses?
- High dependence on the Japanese market.
- Exposure to low interest rate environment.
- Limited international presence.
- Aging customer base.
What Could Drive TDHOY Stock Higher?
- Digital transformation initiatives to improve customer experience and operational efficiency.
- Expansion into new product lines, such as cyber insurance and specialized health insurance plans.
- Strategic partnerships with technology firms and healthcare providers.
- Potential regulatory changes in the Japanese insurance market that could benefit T&D Holdings.
- Potential economic recovery in Japan that could boost demand for insurance products.
What Are the Key Risks for TDHOY?
- Financial-distress signal — its Altman Z-Score of 0.47 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Intense competition from established players in the Japanese life insurance market.
- Exposure to low interest rate environment, which can negatively impact investment income.
- Regulatory changes in the Japanese insurance market that could increase compliance costs.
- Economic downturn in Japan, which could reduce demand for insurance products.
- Fluctuations in the USD/JPY exchange rate, which can affect the value of TDHOY for U.S. investors.
What Are the Growth Opportunities for TDHOY?
- Expansion into new product lines: T&D Holdings can expand its product offerings to include innovative insurance solutions, such as cyber insurance or specialized health insurance plans. The market for cyber insurance is projected to grow significantly in the coming years, driven by increasing cyber threats. By developing and marketing these new products, T&D Holdings can attract new customers and increase its market share. This expansion could contribute significantly to revenue growth over the next 3-5 years.
- Strategic partnerships: T&D Holdings can form strategic partnerships with other companies, such as technology firms or healthcare providers, to enhance its product offerings and distribution channels. For example, partnering with a telehealth company could enable T&D Holdings to offer virtual healthcare services to its customers, improving customer satisfaction and retention. These partnerships can create synergies and drive growth by leveraging the strengths of each partner. The timeline for realizing the benefits of these partnerships is typically 1-3 years.
- Digital transformation: T&D Holdings can invest in digital technologies to improve its operational efficiency, enhance customer experience, and expand its reach. This includes developing mobile apps, implementing AI-powered chatbots, and using data analytics to personalize its services. The digital transformation can lead to cost savings, increased customer engagement, and new revenue streams. The investment in digital transformation is an ongoing process, with continuous improvements and upgrades to maintain competitiveness.
- Geographic expansion: While T&D Holdings primarily operates in Japan, it can explore opportunities to expand into other Asian markets with similar demographic trends and insurance needs. This expansion can provide access to new customer bases and diversify its revenue streams. However, it also requires careful consideration of local regulations, cultural differences, and competitive landscape. The timeline for successful geographic expansion is typically 3-5 years.
- Focus on SME market: T&D Holdings can further penetrate the small and medium-sized enterprise (SME) market by offering tailored insurance solutions and services. SMEs often have unique insurance needs, such as business interruption insurance or key person insurance. By developing and marketing these specialized products, T&D Holdings can capture a larger share of the SME market. This focus can lead to significant revenue growth and increased customer loyalty. The timeline for realizing the benefits of this focus is typically 2-4 years.
What Opportunities Does TDHOY Have?
- Expansion into new product lines.
- Strategic partnerships with technology firms.
- Digital transformation initiatives.
- Geographic expansion into other Asian markets.
What Threats Does TDHOY Face?
- Intense competition from established players.
- Regulatory changes in the Japanese insurance market.
- Economic downturn in Japan.
- Changing customer preferences.
What Are TDHOY's Competitive Advantages?
- Established brand reputation in the Japanese life insurance market.
- Extensive distribution network through multiple channels.
- Diversified product portfolio catering to different customer segments.
- Strong relationships with financial institutions and insurance shops.
What Does TDHOY Do?
T&D Holdings, Inc. was established in 2004 and is headquartered in Tokyo, Japan. The company operates as a holding company for several life insurance subsidiaries, primarily serving the Japanese market. Its core business involves the provision of life insurance products and related services. These offerings include traditional death benefit policies, medical and nursing care insurance, and products tailored for small and medium-sized enterprises. T&D Holdings distributes its products through a multi-channel approach, utilizing in-house sales representatives, independent agents, and partnerships with financial institutions. This diversified distribution strategy allows the company to reach a broad customer base across Japan. In addition to its core insurance products, T&D Holdings offers a range of related services, such as policyholder confirmation, insurance agency services, and investment management advisory. The company also provides IT and administrative support services to its subsidiaries, streamlining operations and enhancing efficiency. T&D Holdings competes with other major life insurance companies in Japan, including AEGOF and BLHEF, focusing on delivering comprehensive and customer-centric insurance solutions. The company's commitment to innovation and customer service has enabled it to maintain a strong position in the Japanese insurance market.
What Products and Services Does TDHOY Offer?
- Provides life insurance products to individuals and families.
- Offers medical and nursing care insurance.
- Provides insurance products for small and medium-sized enterprises.
- Offers savings and protection-type products through financial institutions.
- Provides pet and family insurance.
- Offers policy holder confirmation services.
- Provides insurance agency services.
- Offers survey and research services for health and medical care.
How Does TDHOY Make Money?
- Generates revenue through premiums from life insurance policies.
- Distributes products through in-house sales representatives, independent agents, and financial institutions.
- Invests premiums to generate investment income.
- Provides related services such as policyholder confirmation and insurance agency services.
What Industry Does TDHOY Operate In?
T&D Holdings operates within the Japanese life insurance industry, a mature market characterized by an aging population and low interest rates. The industry is highly competitive, with established players like AEGOF and BLHEF vying for market share. Market trends include increasing demand for medical and nursing care insurance, driven by the aging population, and a shift towards digital distribution channels. The Japanese insurance market is heavily regulated, with strict solvency requirements and consumer protection laws. Companies must adapt to evolving regulatory landscape and changing customer preferences to maintain competitiveness.
Who Are TDHOY's Key Customers?
- Individual households in Japan.
- Small and medium-sized enterprises in Japan.
- Customers of financial institutions and insurance shops.
- Pet owners in Japan.
Company Profile
T&D Holdings, Inc. operates in the Insurance - Life industry within the Financial Services sector. It is headquartered in Tokyo, JP. The company is led by CEO Masahiko Moriyama. TDHOY has traded publicly since 2011.
ROE 9%Key Financial Metrics
Return on equity for T&D Holdings, Inc. stands at 9.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.8%, showing how much profit it generates from its asset base. TDHOY trades at a trailing price-to-earnings ratio of 16.98, roughly in line with the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 5.9%, the inverse of the P/E and a quick read on earnings relative to price.
TDHOY Valuation & Market Position
With a $14.42B market cap, T&D Holdings, Inc. sits in the large-cap segment of the market.
Quarterly Financial Performance: T&D Holdings, Inc.
Revenue for T&D Holdings, Inc. came in at $389.50B during Q1 2026, a 52.0% contraction versus the preceding quarter. The company recorded net income of $30.87B, with diluted EPS of $32.00. Quarter-over-quarter revenue has been mixed, typical for a large-cap company operating in Financial Services. Across the four most recent quarters, TDHOY averaged $35.40 in diluted EPS.
F-Score 3/9Financial Health
T&D Holdings, Inc.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.47 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project T&D Holdings, Inc. revenue of about $522.46T for fiscal 2026, with EPS near $145.59. The estimate reflects 5 contributing analysts.
TDHOY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2026
Bull Case vs Bear Case
Bull Case
- Recent insider buying could signal confidence in the company's future prospects, suggesting those with inside knowledge believe the stock is undervalued.
- Positive community sentiment indicates a growing belief in the company's long-term strategy and market positioning.
- Bullish community views highlight potential growth catalysts or untapped market opportunities that could drive future performance.
- Market perception suggests the company is gaining recognition for its innovative approach or competitive advantage within its sector.
Bear Case
- Recent insider selling might indicate concerns about the company's near-term performance or broader market conditions.
- Negative community sentiment reflects potential doubts about the company's ability to execute its plans or maintain its competitive edge.
- Bearish community views point to potential risks or challenges facing the company, such as regulatory hurdles or increasing competition.
- Market perception suggests the company is facing headwinds or struggling to maintain its market share due to evolving consumer preferences or disruptive technologies.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $389.50B | $30.87B | $32.00 |
| Q4 2025 | $810.66B | $42.06B | $42.47 |
| Q3 2025 | $775.54B | $30.53B | $30.49 |
| Q2 2025 | $851.12B | $37.33B | $36.65 |
Based on FMP financials and quantitative analysis
TDHOY Latest News
No recent news available for TDHOY.
TDHOY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TDHOY.
Price Targets
Wall Street price target analysis for TDHOY.
TDHOY MoonshotScore
What does this score mean?
The MoonshotScore rates TDHOY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Masahiko Moriyama
Unknown
Information on Masahiko Moriyama's specific background, career history, and education is not available in the provided data. However, as the leader managing 20408 employees, it can be inferred that he possesses extensive experience in the insurance industry and a proven track record of leadership. Further research would be needed to provide a more detailed profile.
Track Record: Specific details regarding Masahiko Moriyama's track record and key achievements during his tenure are not available in the provided data. His leadership role suggests responsibility for strategic decisions and company milestones, but concrete examples require further research.
T&D Holdings, Inc. ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. TDHOY is an ADR that allows U.S. investors to invest in T&D Holdings, Inc. without directly dealing with the Tokyo Stock Exchange. The ADR price fluctuates based on TDHO's stock price in Tokyo and the USD/JPY exchange rate.
- Home Market Ticker: Tokyo Stock Exchange, Japan
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: TDHO
TDHOY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies on this tier often have limited or no financial disclosure requirements, making it difficult for investors to assess their financial health and prospects. Unlike companies listed on the NYSE or NASDAQ, OTC Other companies do not have to meet minimum listing standards, such as minimum share price or market capitalization.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure increases the risk of investing in TDHOY.
- Low trading volume and wide bid-ask spread can make it difficult to buy or sell shares.
- Lack of regulatory oversight increases the risk of fraud or mismanagement.
- The company may not be subject to the same corporate governance standards as listed companies.
- The OTC market is generally more volatile than the NYSE or NASDAQ.
- Verify the company's registration and legal status.
- Attempt to obtain financial statements and other relevant information.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before investing.
- Be prepared to lose your entire investment.
- The company has been in operation since 2004.
- It is a holding company for several life insurance subsidiaries.
- It has a significant number of employees (20408).
- It has a market capitalization of $14.42B.
- It pays a dividend (2.66% yield).
Common Questions About TDHOY (Financial Services)
What does T&D Holdings, Inc. do?
T&D Holdings, Inc. is a Japanese financial services company specializing in life insurance. Through its subsidiaries, it offers a range of life insurance products, including death benefit, medical, and nursing care insurance, primarily in Japan. These products are distributed through in-house sales representatives, independent agents, and partnerships with financial institutions, targeting both individual households and small to medium-sized enterprises. The company also provides related services such as policyholder confirmation, insurance agency services, and investment management advisory.
What do analysts say about TDHOY stock?
Analyst sentiment on TDHOY is currently unavailable due to lack of coverage. Key valuation metrics include a P/E ratio of 17.0 and a dividend yield of 2.66%. Growth considerations include the company's expansion into new product lines and its digital transformation initiatives. Investors should conduct their own due diligence and consider their individual risk tolerance before investing in TDHOY.
What are the main risks for TDHOY?
The main risks for TDHOY include intense competition in the Japanese life insurance market, exposure to a low interest rate environment, and potential regulatory changes. The company's dependence on the Japanese market also exposes it to economic downturns in Japan. Additionally, as an ADR, TDHOY is subject to currency risk, as fluctuations in the USD/JPY exchange rate can affect its value for U.S. investors. Limited liquidity due to its OTC listing also poses a risk.
What are the key factors to evaluate for TDHOY?
Evaluate TDHOY on fundamentals, analyst consensus, and risk factors. P/E: 17.0x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does TDHOY data refresh on this page?
TDHOY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven TDHOY's recent stock price performance?
T&D Holdings, Inc. (TDHOY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand recognition in Japan. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider TDHOY overvalued or undervalued right now?
T&D Holdings, Inc. (TDHOY) trades at 17.0x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying TDHOY?
Before investing in T&D Holdings, Inc. (TDHOY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information on CEO background and track record is limited.
- Analyst coverage and consensus are not available.
- Disclosure status on the OTC market is unknown.