Chiyoda Fire & Marine Insurance Co. fell into the red in the first half of fiscal 2000 on a consolidated basis, while Dai-Tokyo Fire & Marine Insurance Co. and Nisshin Fire & Marine Insurance Co. posted profits, according to their earnings results released Friday.
Chiyoda Fire posted a group net loss of 3.64 billion yen and a group pretax loss of 4.04 billion yen on revenues of 282.89 billion yen in the fiscal first half, which ended Sept. 30.
The company released parent-only interim results a week ago, in which it fell into the red for the first time since its establishment in 1945, due mainly to loan-losses stemming from the failure of Chiyoda Mutual Life Insurance Co.
Dai-Tokyo Fire posted a group net profit of 3.96 billion yen and a group pretax profit of 8.25 billion yen on revenues of 312.06 billion yen.
Nisshin Fire reported a group net profit of 1.55 billion yen and a group pretax profit of 6 billion yen on revenues of 112.20 billion yen.
Chiyoda Fire, Dai-Tokyo Fire and Nisshin Fire had no comparable figures for the same half-year period a year earlier, meaning year-on-year comparisons were unavailable. They previously released earnings only on a full-year basis.