Supplementary Materials for the Fiscal Year Ended March 31, 2018

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1 May 15, 2018 Supplementary Materials for the Fiscal Year Ended March 31, Securities (General Account) (1) Breakdown of Securities P. 2 (2) Securities by Contractual Maturity Date P. 2 (3) Domestic Stocks by Industry P Loans (General Account) (1) Loans by Contractual Maturity Date P. 4 (2) Loans to Domestic Companies by Company Size P. 4 (3) Loans by Collateral Type P. 4 (4) Loans by Industry P Foreign Investments (General Account) (1) Breakdown of Investment by Asset Category P. 6 (2) Foreign Currency-Denominated Assets by Currency P. 6 (3) Investments by Region P Value Information on Derivative Transactions (General Account) (1) and losses on derivatives P. 8 (2) information (Hedge-Accounting-Not-Applied) P. 8 (3) information (Hedge-Accounting-Applied) P. 11 For further information please contact: Corporate Planning Dept., The Dai-ichi Life Insurance Company, Limited TEL: +81-(0) /7204 Please note that this is an unofficial translation of the original disclosure in Japanese.

2 1. Securities (General Account) (1) Breakdown of Securities National government bonds Local government bonds Corporate bonds Public entity bonds Domestic stocks Foreign securities Foreign bonds Foreign stocks and other securities Other securities 年度 fiscal year ended Carrying amount % Carrying amount % 1Q three months ended 13,967, ,887, Q six months ended 109, , Q nine months ended 1,975, ,906, , , ,474, ,696, ,512, ,942, ,260, ,520, ,252, ,422, , , ,659, ,096, (2) Securities by Contractual Maturity Date Securities 520,493 1,344,770 1,352,622 1,079,153 2,897,918 22,464,291 29,659,250 National government bonds 36, , , , ,335 12,224,094 13,967,855 3,627 6,794 30,515 4,381 21,582 42, , , , , , , ,731 1,975, ,474,743 3,474, , , , ,022 1,514,610 5,501,122 9,512,246 Foreign bonds 311, , , ,178 1,494,081 4,298,312 8,260,182 Foreign stocks and other securities 3,513 5,162 1,204 18,844 20,529 1,202,809 1,252,063 Other securities 2,434 94,704 45,342 32,074 57, , ,006 Monetary claims bought 3,066 2, , , ,213 Certificates of deposit 49, ,998 Others ,191 50,191 Local government bonds Corporate bonds Domestic stocks Foreign securities Securities 633,072 1,339,683 1,099,213 1,291,978 3,370,154 22,362,575 30,096,677 National government bonds 178, ,514 77, ,021 1,135,715 11,840,458 13,887,258 Local government bonds Corporate bonds Domestic stocks Foreign securities 4,926 26,098 4,150 5,734 20,076 58, ,575 87, , , , , ,468 1,906, ,696,766 3,696, , , , ,477 1,795,454 5,518,856 9,942,625 Foreign bonds 311, , , ,955 1,759,192 4,163,101 8,520,524 Foreign stocks and other securities 4,702 1,299 9,560 14,521 36,261 1,355,755 1,422,100 Other securities 46,033 32,227 52,720 23,309 87, , ,845 Monetary claims bought 2,013-3, , ,108 Certificates of deposit 49, ,995 Others ,348 59,348 Note: The table above includes assets which are treated as securities in accordance with the "Accounting Standard for Financial Instruments" (Accounting Standards Board of Japan (ASBJ) Statement No.10). Due in or less through 3 years 3 years through 5 years 5 years through 7 years 7 years through 10 years 10 years or having no maturity date -2- The Dai-ichi Life Insurance Company, Limited

3 (3) Domestic Stocks by Industry Forestry and fisheries Mining Construction Manufacturing industries Carrying amount % Carrying amount % , , , Food products 224, , Textiles and clothing 31, , Pulp and paper 3, , Chemicals 182, , Medical supplies 55, , Oil and coal products 4, , Rubber products 25, , Glass and stone products 119, , Steel 62, , Non-steel metals 17, , Metal products 46, , Machinery 204, , Electric appliances 553, , Transportation vehicles 219, , Precision instruments 106, , Others 79, , Electric and gas utilities Transportation and communications industries 102, , Ground transportation 319, , Water transportation Air transportation 3, , Warehouses 4, , Telecommunications 92, , Commerce Wholesale 140, , Retail 112, , Financial industries Banks 416, , Security and trading companies 5, , Insurance 21, , Other 24, , Real estate Service Note: Industry categories above are based on classification by Securities Identification Code Committee. 20, , , , ,474, ,696, The Dai-ichi Life Insurance Company, Limited

4 2. Loans (General Account) (1) Loans by Contractual Maturity Dates Due in or less through 3 years 3 years through 5 years 5 years through 7 years 7 years through 10 years 10 years or having no maturity date Floating-rate loans 4,165 20,402 20,115 6,500 6,390 68, ,669 Fixed-rate loans 269, , , , , ,206 2,150, , , , , , ,300 2,276,021 Floating-rate loans 7,762 5,560 35,559 10,311 6,731 74, ,526 Fixed-rate loans 321, , , , , ,520 2,063, , , , , , ,122 2,203,976 (2) Loans to Domestic Companies by Company Size Large corporations Medium-sized corporations (millions of yen except number of borrowers) % % Number of borrowers Amount of loans 1,667, ,604, Number of borrowers Amount of loans 12, , Number of borrowers Small-sized corporations Amount of loans 284, , Number of borrowers Amount of loans 1,963, ,890, Note: 1. Categorization by company size is based on the following criteria: (1) Large corporations include corporations with paid-in capital of at least 1 billion and more than 300 employees (more than 50 employees in the case of retailers and restaurants; more than 100 employees in the case of service companies and wholesalers). (2) Medium-sized corporations include corporations with paid-in capital of more than 300 million and less than 1 billion (more than 50 million and less than 1 billion in the case of retailers, restaurants and service companies; more than 100 million and less than 1 billion in the case of wholesalers) and more than 300 employees (more than 50 employees in the case of retailers and restaurants; more than 100 employees in the case of service companies and wholesalers). (3) Small corporations include all other corporations. 2. Number of borrowers does not equal the number of loan transactions. (3) Loans by Collateral Type Secured loans Stocks and other securities Real and personal estate Others Guarantees Unsecured loans Others loans Subordinated loans Carrying Carrying % amount amount % 3, , , , , , , , ,188, ,128, ,276, ,203, , , Note: Policy loans are excluded. -4- The Dai-ichi Life Insurance Company, Limited

5 (4) Loans by Industry Domestic Foreign Manufacturing industries Carrying amount % Carrying amount % 357, , Foodstuffs and beverages 36, , Textile products 2, , Lumber and wood products Pulp, paper and paper products 19, , Printing 13, , Chemical and allied products 21, , Petroleum refining 18, , Ceramic, stone and clay products 29, , Iron and steel 82, , Non-ferrous metals and products 6, , Fabricated metal products General-purpose and production- and business-oriented machinery 36, , Electrical machinery equipment and supplies 72, , Transportation equipment 11, , Miscellaneous manufacturing industries 4, , Agriculture and forestry Fishery Mining and quarrying of stone and gravel Construction Electricity, gas, heat supply and water Information and communications Transport and postal activities Wholesale trade Retail trade Finance and insurance Real estate Goods rental and leasing Scientific research, professional and technical services Accommodations Eating and drinking services Living-related and personal services and amusement services Education, learning support Medical, health care and welfare Other services Local governments Individuals Others domestic Governments Financial institutions Commercial and industrial foreign Note: 1. Policy loans are excluded. 2. Domestic industry categories above are based on classification used by Bank of Japan in survey of loans , , , , , , , , , , , , , , , , , , , , , , , , ,235, ,149, , , , , , , , ,276, ,203, The Dai-ichi Life Insurance Company, Limited

6 3. Foreign Investments (General Account) (1) Breakdown of Investment by Asset Category A. Assets denominated in foreign currency Carrying amount % Carrying amount % Foreign bonds 7,503, ,670, Foreign stocks 675, , Cash, cash equivalents and other assets 228, , Sub-total 8,407, ,938, B. Assets swapped into yen Carrying amount % Carrying amount % Foreign bonds Cash, cash equivalents and other assets 354, , Sub-total 354, , C. Assets denominated in yen Carrying amount % Carrying amount % Loans to borrowers outside Japan 22, , Foreign bonds and others 1,569, ,627, Sub-total 1,591, ,664, D. Carrying amount % Carrying amount % Foreign investments 10,353, ,904, Note: Assets swapped into yen are assets whose settlement amounts are fixed into yen by foreign currency forward s and other agreements and which are reported in the yen amounts on the balance sheets. (2) Foreign Currency-Denominated Assets by Currency Carrying amount % Carrying amount % U.S. dollar 4,673, ,665, Euro 1,721, ,236, Australian dollar 679, , British pound 254, , New Zealand dollar 200, , Canadian dollar 238, , Polish zloty 147, , (including others not listed above) 8,407, ,938, The Dai-ichi Life Insurance Company, Limited

7 (3) Investments by Region Carrying amount % Carrying amount % Carrying amount % Carrying amount % North America 4,109, ,840, , , Europe 2,665, ,461, , , Oceania 837, , , , Asia 216, , , , Latin America 1,504, , , , Middle East Africa 23, , International organizations 156, , , ,512, ,260, ,252, , Foreign securities Bonds North America 4,019, ,644, , , Europe 3,168, ,936, , , Oceania 814, , , , Asia 255, , , , Latin America 1,493, , , , Middle East 18, , Africa 21, , International organizations 151, , ,942, ,520, ,422, , Note: Categorization of region is generally based on nationalities of issuers or borrowers. Stocks and other securities Loans to borrowers located outside Japan -7- The Dai-ichi Life Insurance Company, Limited

8 4. Value Information on Derivative Transactions (General Account) (1) and losses on derivatives (Hedge-Accounting-Applied and Not-Applied) Hedge accounting applied Others Interestrelated Currencyrelated Stockrelated Bondrelated Interestrelated Currencyrelated Stockrelated Bondrelated Others (23,531) (136,742) 1,246 (717) - (159,745) (12,843) 178,877 (24) ,008 Hedge accounting not applied (14,517) (11,690) (2,678) (27,569) (8,379) (5,452) (968) (453) 639 (14,613) (38,049) (148,433) (1,432) (187,314) (21,223) 173,424 (993) (453) ,394 Note: Regarding the table above, following figures are reported in the statements of earnings: : gains/losses from derivatives with hedge accounting (fair hedge method) applied (currency-related, loss of 140,284 million yen, and stock-related, gain of 1,246 million yen) and gains/losses from derivatives with hedge accounting not applied (loss of 27,569 million yen), totaling loss of 166,608 million yen. : gains/losses from derivatives with hedge accounting (fair hedge method) applied (currency-related, gain of 162,282 million yen, and stock-related, loss of 24 million yen) and gains/losses from derivatives with hedge accounting not applied (loss of 14,613 million yen), totaling gain of 147,643 million yen. (2) information (Hedge-Accounting-Not-Applied) 1 Interest-related transactions -the-counter transactions Yen interest rate swaps Receipts fixed, payments floating , , Receipts floating, payments fixed 44,100 44, ,000 34,000 (2) (2) Yen interest rate swaption Sold Receipts fixed, payments floating ,000 - [ - ] [ - ] - - [ 19 ] [ - ] 19 (0) Receipts floating, payments fixed 350,000-10,000 - [ 1,672 ] [ - ] 67 1,604 [ 39 ] [ - ] 0 38 Receipts floating, payments fixed 1,150, ,000 1,130, ,000 [ 18,214 ] [ 14,947 ] 2,019 (16,194) [ 11,670 ] [ 4,579 ] 2,268 (9,401) (14,517) (8,379) Note: 1. Figures in [ ] are option premiums which are included in the balance sheets. 2. for swaps, and differences between the option premiums paid/received and fair of the option for option transactions, are shown in " ". (Reference) Interest rate swaps by ual maturity dates (millions of yen, percentage) amount (receipts fixed, payments floating) Average fixed rate (receipt) Average floating rate (payment) amount (receipts floating, payments fixed) - 43, ,100 44,100 Average fixed rate (payment) - (0.13) (0.10) Average floating rate (receipt) , ,100 44,270 or shorter 10 years amount (receipts fixed, payments floating) , , ,000 Average fixed rate (receipt) Average floating rate (payment) (0.00) 0.00 amount (receipts floating, payments fixed) 27,000 16,000 10, ,000 61,000 Average fixed rate (payment) (0.13) (0.14) Average floating rate (receipt) ,000 16,000 10,000-21, , ,000 1 year to 3 years 3 years to 5 years 5 years to 7 years 7 years to 10 years -8- The Dai-ichi Life Insurance Company, Limited

9 2 Currency-related transactions -the-counter transactions Currency forward s Sold 918,930 (13,729) (13,729) 2,486,021 19,645 19,645 U.S. dollar 387,025 (6,038) (6,038) 1,185,073 1,876 1,876 Euro 272,761 (4,075) (4,075) 739,523 9,606 9,606 Australian dollar 73,766 (3,146) (3,146) 260,895 6,061 6,061 Canadian dollar 33,681 (122) (122) 81, British pound 21, , Others 129,711 (552) (552) 188, ,303 6,000 6,000 2,390,220 (29,000) (29,000) U.S. dollar 576,403 4,135 4,135 1,131,508 (7,486) (7,486) Euro 329,726 (520) (520) 805,963 (17,312) (17,312) Australian dollar 16, ,906 (3,152) (3,152) Canadian dollar 16,164 (153) (153) 57,305 (290) (290) British pound 6,896 (22) (22) 11,133 (30) (30) Others 52,165 2,036 2, ,402 (728) (728) Currency options Sold Call 93,491 - [ 690 ] [ - ] - - U.S. dollar 93,491 - [ 690 ] [ - ] - - Put - 251,112 [ - ] - - [ 11,351 ] 9,466 1,885 U.S. dollar - 251,112 [ - ] - - [ 11,351 ] 9,466 1,885 Call - 10,076 [ - ] - - [ - ] - - U.S. dollar - 10,076 [ - ] - - [ - ] - - Put 521, ,375 [ 7,321 ] 2,668 (4,652) [ 14,112 ] 16,130 2,017 U.S. dollar 412, ,956 [ 6,656 ] 2,445 (4,210) [ 14,059 ] 16,130 2,070 British pound - 10,418 [ - ] - - [ 53 ] - (53) Euro 108,899 - [ 664 ] 223 (441) [ - ] - - (11,690) (5,452) Note: 1. Figures in [ ] are option premiums which are included in the balance sheets. 2. Forward exchange rates are used for exchange rates as of period ends. 3. for forward s, and differences between the option premiums paid/received and fair of the option for option transactions, are shown in " ". 4. There were no transactions with a maturity of more than one year in the table above. -9- The Dai-ichi Life Insurance Company, Limited

10 3Stock-related transactions Exchange-traded transactions Yen stock index futures 15,387 (158) (158) Foreign currency-denominated stock index futures Sold 5,942 (217) (217) , Yen stock index options Put 80, ,967 [ 2,362] 10 (2,352) [ 4,391] 3,538 (853) Foreign currency-denominated stock index options Put - 49,761 [ - ] - - [ 1,394] 1,278 (115) (2,678) (968) Note: 1. Figures in [ ] are option premiums which are included in the balance sheets. 2. for futures, and differences between the option premiums paid/received and fair of the option for option transactions, are shown in " ". 3. There were no transactions with maturity of more than one year in the table above. 4Bond-related transactions Exchange-traded transactions Yen bond futures Sold 9,298 (18) (18) 16, , Foreign currency-denominated bond futures Sold 203,592 (619) (619) 467,001 (5,904) (5,904) 103, ,241 5,431 5,431 Foreign currency-denominated bond future options Call - 50,995 [ - ] - - [ 351] Put - 50,995 [ - ] - - [ 298] 39 (258) -the-counter transactions Foreign currency-denominated bond forward s Sold ,181 (512) (512) , Yen bond OTC options Sold Call 18,784 4,977 [ 47] 90 (42) [ 29] 41 (12) Put 99,556 92,197 [ 693] [ 422] Call 99,556 92,197 [ 453] [ 269] Put 18,784 4,977 [ 119] [ 44] 36 (8) 763 (453) Note: 1. Figures in [ ] are option premiums which are included in the balance sheets. 2. for futures and forward s, and differences between the option premiums paid/received and fair of the option for option transactions, are shown in " ". 3. There were no transactions with maturity of more than one year in the table above The Dai-ichi Life Insurance Company, Limited

11 5 Others -the-counter transactions Credit default swaps Protection sold 28,000 25, ,000 29, Protection bought 11,385 11,385 (119) (119) 1,000 1, Note: is shown in " ". (3) information (Hedge-Accounting-Applied) 1 Interest-related transactions Type of hedge accounting Deferral hedge Type of hedge Yen interest rate swaps Receipts fixed, payments floating Loans 3,000 3,000 (18) (18) 4,000 4,000 (7) (7) Receipts fixed, payments floating Hedged items Insurance liabilities 600, ,000 (20,541) (20,541) 600, ,000 (10,484) (10,484) Special hedge accounting for interest rate swaps Yen interest rate swaps Receipts fixed, payments floating Loans 19,800 16, ,800 15, Receipts floating, payments fixed Loans payable 283, ,000 (3,161) (3,161) 283, ,000 (2,489) (2,489) (23,531) (12,843) Note: is shown in " ". (Reference) Interest rate swaps by ual maturity dates (millions of yen, percentage) amount (receipts fixed, payments floating) 3,000 4,500 7,000 6,000 2, , ,800 Average fixed rate (receipt) 1.62 (0.00) 0.17 (0.02) Average floating rate (payment) 0.02 (0.00) amount (receipts floating, payments fixed) , , ,000 Average fixed rate (payment) Average floating rate (receipt) ,000 4, , ,000 2, , ,800 amount (receipts fixed, payments floating) 1,500 3,000 8,000 6,000 2, , ,800 Average fixed rate (receipt) (0.02) Average floating rate (payment) 0.01 (0.02) 0.03 (0.00) amount (receipts floating, payments fixed) - 139, , ,000 Average fixed rate (payment) Average floating rate (receipt) , , ,000 6,000 2, , ,800 or shorter 1 year to 3 years 3 years to 5 years 5 years to 7 years 7 years to 10 years 10 years -11- The Dai-ichi Life Insurance Company, Limited

12 2 Currency-related transactions Type of hedge accounting Deferral hedge Type Hedged item Currency swaps Foreign currencydenominated 266, ,943 3,541 3, , ,038 16,595 16,595 U.S. dollar 204, ,375 (953) (953) 199, ,351 17,303 17,303 Euro bonds 61,568 61,568 4,494 4,494 61,568 61,568 (1,226) (1,226) British pound ,119 12, hedge Currency forward s Sold Foreign currencydenominated 5,215,748 - (140,242) (140,242) 5,252, , ,366 U.S. dollar bonds 2,948,262 - (81,896) (81,896) 2,792, , ,027 Euro 1,090,351 - (8,294) (8,294) 1,422,032-28,035 28,035 Australian dollar 415,851 - (22,627) (22,627) 360,649-15,883 15,883 British pound 125,768 - (1,271) (1,271) 132,251-2,504 2,504 Canadian dollar 138,358 - (8,876) (8,876) 112,785-7,260 7,260 Others 497,156 - (17,274) (17,274) 433,024-9,654 9,654 27,390 - (42) (42) 118,466 - (2,217) (2,217) U.S. dollar 18,150 - (157) (157) 118,253 - (2,214) (2,214) Euro 3,000 - (43) (43) 83 - (1) (1) British pound 60 - (1) (1) 62 - (0) (0) Australian dollar Others 6, (1) (1) Currency options Sold Call ,057 - [ - ] [ - ] - - [ 1,686 ] [ - ] U.S. dollar ,057 - [ - ] [ - ] - - [ 1,686 ] [ - ] Put ,057 - [ - ] [ - ] - - [ 1,686 ] [ - ] 1, U.S. dollar ,057 - [ - ] [ - ] - - [ 1,686 ] [ - ] 1, Currency Currency forward s Foreign currencydenominated term 314, , allotment method Sold deposits Australian dollar 122, , U.S. dollar 81, , Others 110, , Currency swaps Foreign currencydenominated 476, , , , U.S. dollar bonds payable 476, , , , Currency swaps Foreign currencydenominated 38,521 38, ,081 38, U.S. dollar loans 32,557 32, ,116 32, Euro 5,964 5, ,964 5, (136,742) 178,877 Note: 1. Figures in [ ] are option premiums which are included in the balance sheets. 2. Forward exchange rates are used for exchange rates as of period end. 3. Each of currency forward s and currency swaps other than those which deferral hedge method or fair hedge method is applied to is recorded as the combined amount of such currency forward or currency swap and its corresponding hedged item (foreign currency-denominated term deposit, foreign currency-denominated bond payable and foreign currencydenominated loan). Therefore, the fair of such hedging instruments is included in the fair of such foreign currency-denominated term deposits, foreign currency-denominated bonds payable and foreign currency-denominated loans. 4. for forward s and currency swaps, and differences between the option premiums paid/received and fair of the option for option transactions, are shown in " ", except for those to which Note 3 is applied The Dai-ichi Life Insurance Company, Limited

13 3 Stock-related transactions Type of hedge accounting Type Hedged item Equity forward hedge Sold Domestic stocks 26,264-1,246 1,246 9,559 - (24) (24) Note: is shown in " ". 1,246 (24) 4 Bond-related transactions Type of hedge accounting Deferral hedge Type Foreign currency-denominated bond OTC options Hedged item Foreign currencydenominated Sold bonds 62, Call [ 902 ] [ - ] 1,030 (127) [ - ] [ - ] , Put [ 902 ] [ - ] 313 (589) [ - ] [ - ] - - Note: 1. Figures in [ ] are option premiums which are included in the balance sheets. 2. The differences between the option premiums paid/received and fair of the option for option transactions,are shown in " ". The Company held no derivative transactions other than 1, 2, 3 and 4 as of March 31, 2017 or March 31, Therefore no information for 5 Others is provided in the report. (717) The Dai-ichi Life Insurance Company, Limited

Supplementary Materials for the Six Months Ended September 30, 2015

November 13, 2015 Supplementary Materials for the Six Months Ended September 30, 2015 I. General Account Assets 1. Trading Account Securities (1) Breakdown of Trading Account Securities P. 2 (2) Trading