6-K 1 d6k.htm FORM 6-K Form 6-K
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FORM 6-K

 

 

U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

Commission File Number: 333-163336

For the month of May 2011.

 

 

NKSJ Holdings, Inc.

(Translation of registrant’s name into English)

 

 

26-1, Nishi-Shinjuku 1-chome

Shinjuku-ku, Tokyo 160-8338

Japan

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F      X                 Form 40-F              

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):             

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):             

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes                           No      X    

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-

 

 

 

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Information furnished on this form:

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1.    [English Translation]
   Corrections to “Summary of Consolidated Financial Results for the three months ended June 30, 2010 [under Japanese GAAP]”, “Summary of Consolidated Financial Results for the six months ended September 30, 2010 [under Japanese GAAP]” and “Summary of Consolidated Financial Results for the nine months ended December 31, 2010 [under Japanese GAAP]”

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    NKSJ Holdings, Inc.

Date: May 20, 2011

    
  By:  

/S/    HIROHISA KURUMIDA        

    Hirohisa Kurumida
    Manager of Corporate Legal Department

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[English Translation]

May 19, 2011

 

  Corporate Name:       NKSJ Holdings, Inc.
  Name of the Representative:       Masatoshi Sato
        President and Co-CEO
     (Securities Code: 8630 TSE, OSE)

Corrections to “Summary of Consolidated Financial Results for the three months ended June 30, 2010 [under Japanese GAAP]”, “Summary of Consolidated Financial Results for the six months ended September 30, 2010 [under Japanese GAAP]” and “Summary of Consolidated Financial Results for the nine months ended December 31, 2010 [under Japanese GAAP]”

We hereby announced the following corrections to “Summary of Consolidated Financial Results for the three months ended June 30, 2010 [under Japanese GAAP]” released on August 13, 2010, “Summary of Consolidated Financial Results for the six months ended September 30, 2010 [under Japanese GAAP]” released on November 19, 2010 and “Summary of Consolidated Financial Results for the nine months ended December 31, 2010 [under Japanese GAAP]” released on February 14, 2011.

1. Summary of Consolidated Financial Results for the three months ended June 30, 2010 [under Japanese GAAP]

Correction on page 21 of Supplementary Information

(Reference) Saison Automobile and Fire Insurance Company, Limited (Non-consolidated)

Solvency Margin Ratio

(Please refer to Appendix 1.)

2. Summary of Consolidated Financial Results for the six months ended September 30, 2010 [under Japanese GAAP]

Correction on page 31 of Supplementary Information

Saison Automobile and Fire Insurance Company, Limited (Non-consolidated)

Solvency Margin Ratio

(Please refer to Appendix 2.)

3. Summary of Consolidated Financial Results for the nine months ended December 31, 2010 [under Japanese GAAP]

Correction on page 21 of Supplementary Information

Saison Automobile and Fire Insurance Company, Limited (Non-consolidated)

Solvency Margin Ratio

(Please refer to Appendix 3.)

Note)

Corrected figures are underlined on Appendix 1, 2 and 3. There is no correction other than figures in the table.

- End -

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Appendix 1

Corrections to Summary of Consolidated Financial Results for the three months ended June 30, 2010 [under Japanese GAAP]

(Before correction)

(Millions of yen)

 

    As of June 30, 2010     As of March 31, 2010  

(A)

  

Total Solvency Margin

     14,493        15,333   
 

Capital and funds, etc.

     11,055        11,658   
 

Reserve for price fluctuation

     1        14   
 

Contingency reserve

     8        8   
 

Catastrophic loss reserve

     3,213        3,291   
 

General allowance for possible loan losses

     0        0   
 

Unrealized gains on securities (before tax effect deductions)

     212        359   
 

Net unrealized gains and losses on real estate

     —          —     
 

Excess amount of reserve for maturity refunds

     —          —     
 

Subordinated debt, etc.

     —          —     
 

Deductions

     —          —     
 

Others

     2        2   

(B)

  

Total Risks

LOGO

     1,663        1,653   
 

Underwriting risk (R1)

     838        838   
 

Underwriting risk for third-sector insurance products including accident, sickness and nursing-care insurance (R2)

     —          —     
 

Guaranteed interest rate risk (R3)

     6        6   
 

Investment risk (R4)

     488        530   
 

Business management risk (R5)

     58        59   
 

Major catastrophe risk (R6)

     631        598   

(C)

  

Solvency Margin Ratio

[ (A) / {(B) × 1/2 } ] × 100

     1,742.2 %      1,854.7 % 

(After correction)

(Millions of yen)

 

    As of June 30, 2010     As of March 31, 2010  

(A)

  

Total Solvency Margin

     15,596        16,208   
 

Capital and funds, etc.

     12,158        12,532   
 

Reserve for price fluctuation

     1        14   
 

Contingency reserve

     8        8   
 

Catastrophic loss reserve

     3,213        3,291   
 

General allowance for possible loan losses

     0        0   
 

Unrealized gains on securities (before tax effect deductions)

     212        359   
 

Net unrealized gains and losses on real estate

     —          —     
 

Excess amount of reserve for maturity refunds

     —          —     
 

Subordinated debt, etc.

     —          —     
 

Deductions

     —          —     
 

Others

     2        2   

(B)

  

Total Risks

LOGO

     1,675        1,666   
 

Underwriting risk (R1)

     838        838   
 

Underwriting risk for third-sector insurance products including accident, sickness and nursing-care insurance (R2)

     —          —     
 

Guaranteed interest rate risk (R3)

     6        6   
 

Investment risk (R4)

     509        553   
 

Business management risk (R5)

     59        59   
 

Major catastrophe risk (R6)

     631        598   

(C)

  

Solvency Margin Ratio

[ (A) / {(B) × 1/2 } ] × 100

     1,862.1 %      1,945.3 % 

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Appendix 2

Corrections to Summary of Consolidated Financial Results for the six months ended September 30, 2010 [under Japanese GAAP]

(Before correction)

(Millions of yen)

 

    As of September 30, 2010     As of March 31, 2010  

(A)

  

Total Solvency Margin

     13,609        15,333   
 

Capital and funds, etc.

     10,231        11,658   
 

Reserve for price fluctuation

     4        14   
 

Contingency reserve

     8        8   
 

Catastrophic loss reserve

     3,037        3,291   
 

General allowance for possible loan losses

     0        0   
 

Unrealized gains on securities (before tax effect deductions)

     325        359   
 

Net unrealized gains and losses on real estate

     —          —     
 

Excess amount of reserve for maturity refunds

     —          —     
 

Subordinated debt, etc.

     —          —     
 

Deductions

     —          —     
 

Others

     2        2   

(B)

  

Total Risks

LOGO

     1,661        1,653   
 

Underwriting risk (R1)

     841        838   
 

Underwriting risk for third-sector insurance products including accident, sickness and nursing-care insurance (R2)

     —          —     
 

Guaranteed interest rate risk (R3)

     6        6   
 

Investment risk (R4)

     516        530   
 

Business management risk (R5)

     59        59   
 

Major catastrophe risk (R6)

     611        598   

(C)

  

Solvency Margin Ratio

[ (A) / {(B) × 1/2 } ] × 100

     1,638.3 %      1,854.7 % 

(After correction)

(Millions of yen)

 

    As of September 30, 2010     As of March 31, 2010  

(A)

  

Total Solvency Margin

     15,052        16,208   
 

Capital and funds, etc.

     11,674        12,532   
 

Reserve for price fluctuation

     4        14   
 

Contingency reserve

     8        8   
 

Catastrophic loss reserve

     3,037        3,291   
 

General allowance for possible loan losses

     0        0   
 

Unrealized gains on securities (before tax effect deductions)

     325        359   
 

Net unrealized gains and losses on real estate

     —          —     
 

Excess amount of reserve for maturity refunds

     —          —     
 

Subordinated debt, etc.

     —          —     
 

Deductions

     —          —     
 

Others

     2        2   

(B)

  

Total Risks

LOGO

     1,674        1,666   
 

Underwriting risk (R1)

     841        838   
 

Underwriting risk for third-sector insurance products including accident, sickness and nursing-care insurance (R2)

     —          —     
 

Guaranteed interest rate risk (R3)

     6        6   
 

Investment risk (R4)

     539        553   
 

Business management risk (R5)

     59        59   
 

Major catastrophe risk (R6)

     611        598   

(C)

  

Solvency Margin Ratio

[ (A) / {(B) × 1/2 } ] × 100

     1,798.2 %      1,945.3 % 

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Appendix 3

Corrections to Summary of Consolidated Financial Results for the nine months ended December 31, 2010 [under Japanese GAAP]

(Before correction)

(Millions of yen)

 

        As of December 31, 2010     As of March 31, 2010  

(A)

  

Total Solvency Margin

     13,034        15,333   
 

Capital and funds, etc.

     9,493        11,658   
 

Reserve for price fluctuation

     6        14   
 

Contingency reserve

     8        8   
 

Catastrophic loss reserve

     3,152        3,291   
 

General allowance for possible loan losses

     0        0   
 

Unrealized gains on securities (before tax effect deductions)

     371        359   
 

Net unrealized gains and losses on real estate

     —          —     
 

Excess amount of reserve for maturity refunds

     —          —     
 

Subordinated debt, etc.

     —          —     
 

Deductions

     —          —     
 

Others

     2        2   

(B)

  

Total Risks

LOGO

     1,657        1,653   
 

Underwriting risk (R1)

     839        838   
 

Underwriting risk for third-sector insurance products including accident, sickness and nursing-care insurance (R2)

     —          —     
 

Guaranteed interest rate risk (R3)

     6        6   
 

Investment risk (R4)

     510        530   
 

Business management risk (R5)

     59        59   
 

Major catastrophe risk (R6)

     612        598   

(C)

  

Solvency Margin Ratio

[ (A) / {(B) × 1/2 } ] × 100

     1,572.6 %      1,854.7 % 

(After correction)

(Millions of yen)

 

        As of December 31, 2010     As of March 31, 2010  

(A)

  

Total Solvency Margin

     14,751        16,208   
 

Capital and funds, etc.

     11,210        12,532   
 

Reserve for price fluctuation

     6        14   
 

Contingency reserve

     8        8   
 

Catastrophic loss reserve

     3,152        3,291   
 

General allowance for possible loan losses

     0        0   
 

Unrealized gains on securities (before tax effect deductions)

     371        359   
 

Net unrealized gains and losses on real estate

     —          —     
 

Excess amount of reserve for maturity refunds

     —          —     
 

Subordinated debt, etc.

     —          —     
 

Deductions

     —          —     
 

Others

     2        2   

(B)

  

Total Risks

LOGO

     1,672        1,666   
 

Underwriting risk (R1)

     839        838   
 

Underwriting risk for third-sector insurance products including accident, sickness and nursing-care insurance (R2)

     —          —     
 

Guaranteed interest rate risk (R3)

     6        6   
 

Investment risk (R4)

     536        553   
 

Business management risk (R5)

     59        59   
 

Major catastrophe risk (R6)

     612        598   

(C)

  

Solvency Margin Ratio

[ (A) / {(B) × 1/2 } ] × 100

     1,764.0 %      1,945.3 %