Sony Life Insurance Co., Ltd

1... 082 1-01... 082 1-02... 083 2... 084 2-01... 084 2-02... 086... 086 3... 087 3-01... 087 3-02... 087 3-03... 088 1.... 088 2.... 088 3.... 088 3-04... 088 1.... 088 2.... 088 4... 088 5... 089 6... 090 7... 091 7-01... 091 7-02... 091 7-03... 091 1.... 091 2.... 091 7-04... 091 8... 092 Sony Life Insurance Co., Ltd. 2016 081 Sony

082 1 28 7 1 1-01 5 98 98 08 5 Sony Life Insurance Co., Ltd. 2016 265 3 5

1-02 92 87 95 04 04 5 5 5 08 Sony Life Insurance Co., Ltd. 2016 083

0842 28 7 30 2-01 9:00AM 5:30PM 060-0042 9-1-18 SFI6F 011-242-5702 060-0042 9-1-18 SFI7F 011-251-8631 070-0035 9-1 4F 0166-23-8900 030-0802 1-3-9 10F 017-721-1970 020-0045 2-9-1 17F 019-603-0311 010-0001 2-3-8 11F 018-825-9510 990-0039 2-2-31 6F 023-615-0761 1 983-0852 4-2-3 MT15F 022-257-7878 2 983-0852 4-2-3 MT15F 022-296-5472 3 983-0852 4-2-3 MT15F 022-296-5302 963-8002 2-11-1 19F 024-922-7311 310-0031 1-2-3 6F 029-231-4100 321-0964 1-3-1 KDX 9F 028-650-4422 370-0849 58-1 7F 027-324-4881 1 330-0854 1-10-16 5F 048-648-5511 2 330-0854 1-10-16 5F 048-648-5600 277-0842 5-19 12 7F 04-7142-3371 1 261-7131 2-6-1 WBG 31F 043-297-8920 2 261-7131 2-6-1 WBG 31F 043-297-8370 3 261-7131 2-6-1 WBG 31F 043-297-8380 5 261-7131 2-6-1 WBG 31F 043-297-8930 1 100-0004 1-7-2 31F 03-4334-5201 2 100-0004 1-7-2 30F 03-4334-5202 3 100-0004 1-7-2 31F 03-4334-5203 4 100-0004 1-7-2 30F 03-4334-5204 5 100-0004 1-7-2 29F 03-4334-5205 6 100-0004 1-7-2 29F 03-4334-5206 7 100-0004 1-7-2 29F 03-4334-5207 8 100-0004 1-7-2 31F 03-4334-5208 3 141-0032 1-11-1 18F 03-3491-6971 4 141-0032 1-11-1 18F 03-5740-0213 5 141-0032 1-11-1 18F 03-3491-3401 1 151-0053 2-1-5 JR 16F 03-5358-1701 2 151-0053 2-1-5 JR 18F 03-5358-1822 3 151-0053 2-1-5 JR 16F 03-5358-1703 4 151-0053 2-1-5 JR 18F 03-5358-1704 5 151-0053 2-1-5 JR 15F 03-5358-1705 6 151-0053 2-1-5 JR 18F 03-5358-1706 7 151-0053 2-1-5 JR 17F 03-5358-1707 8 151-0053 2-1-5 JR 18F 03-5358-1708 9 151-0053 2-1-5 JR 15F 03-5358-1709 10 151-0053 2-1-5 JR 17F 03-5358-1710 11 151-0053 2-1-5 JR 17F 03-5358-1711 12 151-0053 2-1-5 JR 17F 03-5358-1712 1 151-0053 2-1-5 JR 16F 03-5358-1821 2 151-0053 2-1-5 JR 16F 03-5358-1702 1 100-8179 1-9-2 5F 03-3516-1371 2 100-8179 1-9-2 5F 03-3516-1371 3 100-8179 1-9-2 5F 03-3516-1371 1 220-8128 2-2-1 28F 045-225-0050 2 220-8128 2-2-1 28F 045-225-0044 3 220-8128 2-2-1 28F 045-225-0722 4 220-8128 2-2-1 28F 045-345-1840 5 220-8128 2-2-1 28F 045-225-5250 Sony Life Insurance Co., Ltd. 2016

1 951-8066 1058-1 6F 025-224-5900 2 951-8066 1058-1 6F 025-333-2592 380-0823 1-12-7 7F 026-224-8211 500-8856 2-20 11F 058-252-6011 420-0035 8-20 4F 054-255-0081 410-0801 4-3-45 6F 055-952-3001 1 461-0005 1-1-10 17F 052-955-7771 2 461-0005 1-1-10 18F 052-955-7772 3 461-0005 1-1-10 17F 052-955-7773 4 461-0005 1-1-10 18F 052-955-7774 5 461-0005 1-1-10 18F 052-955-7775 8 461-0005 1-1-10 17F 052-955-7778 9 461-0005 1-1-10 17F 052-955-7779 930-0858 18-7 6F 076-443-0701 920-0853 1-5-2 4F 076-265-6300 910-0005 3-4-1 6F 0776-31-3981 1 600-8008 20 FT 7F 075-212-3001 2 600-8008 20 FT 7F 075-251-7211 3 600-8008 20 FT 7F 075-212-8350 4 600-8008 20 FT 7F 075-212-3024 1 530-0001 2-2-22 ENT 14F 06-4797-1811 3 530-0001 2-2-22 ENT 14F 06-4797-1726 4 530-0001 2-2-22 ENT 15F 06-4797-1814 6 530-0001 2-2-22 ENT 16F 06-4797-1886 7 530-0001 2-2-22 ENT 15F 06-4797-1817 8 530-0001 2-2-22 ENT 14F 06-4797-1818 1 530-0001 2-2-22 ENT 17F 06-7638-5921 2 530-0001 2-2-22 ENT 16F 06-7638-5912 3 530-0001 2-2-22 ENT 17F 06-7638-5913 5 530-0001 2-2-22 ENT 17F 06-7638-5915 6 530-0001 2-2-22 ENT 17F 06-7638-5916 650-0034 80 7F 078-333-1131 650-0034 80 7F 078-330-2323 650-0034 80 8F 078-326-2691 650-0034 80 10F 078-330-2330 650-0034 80 8F 078-330-2321 1 670-0913 73 7F 079-284-1911 2 670-0913 73 7F 079-244-1122 700-0024 15-1 6F 086-214-1766 720-0811 1-19 4F 084-927-3731 730-0004 14-15 NTT 12F 082-221-9321 730-0004 14-15 NTT 12F 082-221-3281 753-0077 1-10 9F 083-995-0330 760-0019 2-1 15F 087-822-5171 790-0001 3-3-3 2F 089-948-0861 770-0832 3-12-6 6F 088-611-3121 812-0036 10-10 6F 092-283-0071 812-0036 10-10 6F 092-283-0072 802-0001 2-14-2 1610F 093-511-0211 830-0032 35-3 3F 0942-32-4311 1 850-0033 3-5 8F 095-825-2311 2 850-0033 3-5 9F 095-825-2319 860-0804 3-20 NBF4F 096-351-5700 870-0029 2-50 OASIS 21 9F 097-532-9200 Sony Life Insurance Co., Ltd. 2016 085

086 880-0805 4-1-2 8F 0985-60-7781 890-0053 11 3F 099-250-6030 890-0053 11 3F 099-833-3340 1 900-0006 1-1-12 5F 098-862-5481 2 900-0006 1-1-12 5F 098-901-5202 2-02 9:00AM 5:30PM 060-0042 9-1-18 SFI 6F 011-272-3760 983-0852 4-2-3 MT11F 022-296-5411 963-8002 2-11-1 19F 024-922-7685 321-0964 1-3-1 KDX 3F 028-643-7601 330-0854 1-10-16 15F 048-649-4411 273-0005 7 11 5 KDX 6F 047-411-1201 1 163-0807 2-4-1 NS7F 03-6911-3724 2 163-0807 2-4-1 NS7F 03-6911-3726 3 163-0807 2-4-1 NS7F 03-6911-3393 1 163-0807 2-4-1 NS7F 03-6911-3394 2 163-0807 2-4-1 NS7F 03-6911-3379 3 163-0807 2-4-1 NS7F 03-6911-3354 163-0807 2-4-1 NS7F 03-6911-3395 163-0807 2-4-1 NS7F 03-6911-3980 163-0807 2-4-1 NS7F 03-6911-3646 1 221-0835 2-23-2 TS 5F 045-326-4315 2 221-0835 2-23-2 TS 5F 045-330-3310 190-0012 2-35-2 A-ONE9F 042-526-5600 380-0823 1-12-7 7F 026-403-1979 1 460-0008 3-3-21 9F 052-238-0215 2 460-0008 3-3-21 9F 052-238-0229 422-8062 2-1-1 3F 054-202-5110 500-8842 8-1 5F 058-266-7220 920-0919 5-20 7F 076-260-1711 1 530-0001 2-2-22 ENT 10F 06-4797-1864 2 530-0001 2-2-22 ENT 10F 06-4797-1865 3 530-0001 2-2-22 ENT 10F 06-4797-1866 4 530-0001 2-2-22 ENT 10F 06-4797-1047 600-8008 20 FT 4F 075-223-3811 651-0096 4-2-2 9F 078-231-2411 730-0004 14-15 NTT 12F 082-221-3231 700-0024 15-1 6F 086-214-1751 790-0001 3-3-3 2F 089-943-9211 1 812-0036 10-10 6F 092-283-0132 2 812-0036 10-10 6F 092-283-0136 802-0001 2-14-2 16 10F 093-522-0311 860-0012 9-6 7F 096-322-5451 892-0844 2-30 3F 099-216-3511 25 26 27 1,974 1,912 1,864 Sony Life Insurance Co., Ltd. 2016

3 28 7 1 3-01 3-02 1000% * 1 * 2 * 2 * 2 * 1 * 2 ALM VOC IT IT LiPSS Sony Life Insurance Co., Ltd. 2016 087

088 3-03 1. 25 26 27 1,816 1,924 2,096 902 925 995 914 999 1,101 4,737 4,857 5,193* 4,678 4,782 5,088 59 75 105 *274,612 2. 25 26 27 245 254 325 48 55 89 197 199 236 444 419 577 422 388 537 22 31 40 3. 3-04 1. 26 3 27 3 28 3 399 395 388 3 2. 26 3 27 3 28 3 594 656 693 3 Sony Life Insurance Co., Ltd. 2016 25 26 27 39.9 8.9 39.7 8.4 40.3 8.8 41.9 11.4 41.6 11.2 41.9 11.4 37.9 6.4 38.1 5.9 39.8 6.4 45.5 10.2 45.6 10.4 45.3 10.2 45.6 10.3 45.7 10.5 45.4 10.4 40.3 2.4 40.4 2.2 39.8 2.1 4 PwC PwC 28 7 1 PwC

Sony Life Insurance Co., Ltd. 2016 089 28 7 1 5

090 6 1. 2. 3. 4. 12 Sony Life Insurance Co., Ltd. 2016

7 7-01 54 8 10 400 400 2 12 6 7,000 18,000 54 12 21 800 1,200 3 11 7 4,000 22,000 55 9 26 1,800 3,000 9 7 30 28,000 50,000 57 2 5 1,500 4,500 11 9 30 10,000 40,000 61 9 5 1,000 5,500 13 3 27 25,000 65,000 63 10 6 5,500 11,000 20 5 23 5,000 70,000 7-02 28 7 1 100,000 70,000 1 7-03 1. 70,000 28 7 1 2. 28 7 1 70,000 100% 7-04 1-1-1 28 7 4 1-9-2 19,900 28 7 1 16 100% 4 1 Sony Life Insurance Co., Ltd. 2016 091

092 8 54 1979 6 8 4 9 11 1 12 12 55 1980 2 9 30 56 1981 2 4 52 4 27 55 57 1982 2 45 6 58 1983 4 7 59 1984 6 60 1985 11 61 1986 9 55 10 62 1987 7 9 50 30 10 5 5 63 1988 10 110 11 1989 4 6 1 8 10 10 2 1990 6 12 180 3 1991 2 4 10 6 2 7 11 220 4 1992 4 8 11 5 1993 2 3 9 50 30 105 5 6 1994 5 8 15 9 60 30 10 12 5 7 1995 12 8 1996 1 3 8 100 8 3,000 12 10 9 1997 2 5,000 4 7 500 8 5 5 10 1998 1 13 5 5 5 8 Sony Life Insurance Philippines Corporation 10 4,000 11 8,000 11 1999 3 16 4 8 20 9 400 10 11 Sony Life Insurance Philippines Corporation 12 1 12 2000 1 18 2 9 10 20 11 13 2001 3 500 650 ISO14001 Sony Life Insurance Co., Ltd. 2016 13 2001 4 5 6 7 22 9 14 2002 3 4 5 7 9 24 10 15 2003 1 5 Sony Life Acad e my 2 The Book 1 6 7 1 2 25 11 The Book 2 16 2004 3 26 4 100 5 6 12 27 17 2005 6 28 7 LIFEPLANNER VALUE 11 18 2006 1 3 2 8 1 9 Life Planning SQUARE 10 11 5 5 19 2007 3 30 4 8 AEGON 12 20 2008 4 08 5 700 10 21 2009 4 7 8 30 9 4 10 SA Reinsurance Ltd. 11 12 22 2010 2 100% 4 11 23 2011 5 7 VOC Voice Of Customer 11 12 5 24 2012 12 Sony Life Insurance (Philippines) Corporation Paramount Life & General Insurance Corporation 25 2013 5 26 2014 1 2 5 7 9 10 14 27 2015 5 11 28 2016 3 5 7 19 2

1...094 1-01...094 1-02...096 1-03...098 1-04...108 1-05...110 1-06...110 1-07...110 1-08...110 1-09...111 1-10...113 01....113 02....117 03....117 1-11...120 2...122 2-01...122 01....122 02....123 03....124 04....126 05....127 06....127 07....128 08....130 2-02...130 01....130 02....130 03....130 04....131 05....131 06....131 07....131 08....131 09....132 10. 5...132 11....132 12....132 13....132 2-03...133 01....133 02....133 03....133 04....134 05....134 06....135 07....136 08....136 09....136 10....137 11....137 12....137 13....137 14....137 15....138 16....138 17....138 18....139 19....139 2-04...139 01....139 02....141 03....141 04....141 05....142 06....142 07....142 08....142 09....143 10....143 11....143 12....143 13....143 14....144 15....145 16....146 17....146 18....146 19....147 20....147 21....147 22....148 23....148 24....149 25....149 26....149 27....150 28....151 29....151 30....151 31....152 2-05...152 01....152 02....155 03....155 Sony Life Insurance Co., Ltd. 2016 093 Sony 3...158 3-01...158 3-02...158 01....158 02. 27...158 3-03...160 01....160 02....161 03....161 04....161 4...162 4-01...162 4-02...162 4-03...162...163...164

094 1 1-01 Sony Life Insurance Co., Ltd. 2016 25 26 3 31 26 27 3 31 % 27 28 3 31 15,827 0.2 16,535 0.2 18,394 0.2 4 1 2 15,823 16,534 18,392 34,628 0.5 71,234 1.0 88,200 1.1 305,346 4.6 313,276 4.3 280,973 3.5 5,954,716 89.9 6,543,703 89.6 7,273,361 90.5 5,316,110 5,742,140 6,382,481 3,869 2,060 1,836 38,746 28,664 125,101 70,442 92,564 83,411 342,187 451,613 471,973 183,359 226,659 208,556 154,219 2.3 162,399 2.2 171,649 2.1 154,180 162,397 171,649 38 2 67,100 1.0 118,232 1.6 116,256 1.4 30,103 83,007 83,007 36,429 34,757 32,777 19 15 12 31 548 452 427 23,869 0.4 21,590 0.3 19,171 0.2 23,859 21,580 19,162 9 9 9 138 0.0 181 0.0 298 0.0 53,787 0.8 58,521 0.8 64,998 0.8 30,954 33,791 33,407 1,532 1,220 1,216 16,600 17,059 17,205 4,182 4,061 5,313 813 4,797 867 979 248 1,640 400 373 359 117 85 77 1,867 0.0 2,295 0.0 2,377 0.0 13,643 0.2 242 0.0 268 0.0 272 0.0 6,352 0.1 6,624,903 100.0 7,301,350 100.0 8,035,408 100.0

% 25 26 3 31 26 27 3 31 27 28 3 31 6,152,574 92.9 6,756,882 92.5 7,371,174 91.7 24,702 25,449 29,635 6,123,633 6,727,241 7,336,533 4,237 4,191 5,006 2,169 0.0 2,450 0.0 2,455 0.0 567 0.0 585 0.0 621 0.0 32,812 0.5 45,619 0.6 104,996 1.3 62,804 8,702 16,742 8,998 1,213 1,412 2,765 13,566 15,399 18,920 939 953 995 823 1,783 1,594 5,058 5,076 5,186 168 728 711 21 16 13 654 665 679 1,832 2,842 2,157 25,389 0.4 19,725 0.3 21,944 0.3 66 0.0 91 0.0 121 0.0 41,556 0.6 42,845 0.6 44,260 0.6 41,556 42,845 44,260 120 0.0 7,151 0.1 536 0.0 503 0.0 488 0.0 6,255,673 94.4 6,868,824 94.1 7,553,212 94.0 70,000 1.1 70,000 1.0 70,000 0.9 5,865 0.1 5,865 0.1 5,865 0.1 5,865 5,865 5,865 211,461 3.2 240,028 3.3 257,175 3.2 18,138 22,128 26,118 193,323 217,900 231,056 193,323 217,900 231,056 287,327 4.3 315,893 4.3 333,040 4.1 83,416 1.3 118,113 1.6 150,621 1.9 1,513 0.0 1,480 0.0 1,465 0.0 81,903 1.2 116,632 1.6 149,155 1.9 369,230 5.6 432,526 5.9 482,195 6.0 6,624,903 100.0 7,301,350 100.0 8,035,408 100.0 Sony Life Insurance Co., Ltd. 2016 095

096 1-02 Sony Life Insurance Co., Ltd. 2016 25 25 4 1 26 3 31 26 26 4 1 27 3 31 27 27 4 1 28 3 31 1,197,109 1,223,827 1,230,141 960,986 914,034 1,028,048 959,660 912,497 1,026,407 1,325 1,537 1,640 212,323 280,148 170,517 122,160 133,592 141,450 0 0 0 106,187 117,276 124,943 5,691 5,921 6,174 10,250 10,327 10,261 31 66 71 5,311 5,283 11,973 507 98 773 8,899 12,204 2 1 172 4,768 1,183 5,068 47 7 21 82,670 126,789 23,799 29,644 31,575 2,151 3,617 2,352 17,197 22,154 26,828 4,451 3,872 2,394 1,127,904 1,144,162 1,169,348 327,257 382,902 363,370 77,413 79,622 84,283 10,768 11,280 11,496 55,510 63,166 74,842 178,402 223,130 184,936 3,203 3,675 5,711 1,959 2,027 2,099 650,764 604,357 613,480 55 746 4,185 650,703 603,607 609,291 5 3 2 8,506 9,727 23,399 48 31 53 528 0 0 1 2,099 2,798 6 32 5 2,077 1,931 1,936 5,845 5,630 3,868 14,735 113,868 115,603 133,334 27,507 31,571 35,764 10,884 12,184 14,939 7,981 10,571 12,373 5,064 5,267 5,342 3,532 3,523 3,077 24 30 44 0 0 69,205 79,665 60,792

25 25 4 1 26 3 31 26 26 4 1 27 3 31 27 27 4 1 28 3 31 6,352 6,352 9,389 7,683 8,466 41 31 7 36 10 362 9,291 1,288 1,415 9,291 1,288 1,415 6,682 6,352 19 2,232 2,153 3,564 57,583 69,828 55,113 21,953 27,055 21,735 1,433 247 3,718 20,519 27,303 18,016 37,063 42,524 37,096 Sony Life Insurance Co., Ltd. 2016 097

098 1-03 Sony Life Insurance Co., Ltd. 2016 25 25 4 1 26 3 31 26 26 4 1 27 3 31 27 27 4 1 28 3 31 57,583 69,828 55,113 2,077 1,931 1,936 5,064 5,267 5,342 36 10 362 6,682 55 746 4,185 650,703 603,607 609,291 5 3 2 2,232 2,153 3,564 6 26 4 6,352 6,352 2,645 2,716 2,218 104 24 30 9,291 1,288 1,415 122,160 133,592 141,450 77,861 127,440 14,905 48 31 53 1,183 5,068 2,798 40 31 6 37 42 117 18,143 17,717 16,937 262 281 4 20 18 35 9,774 3,802 2,772 4,722 6,276 25,366 531,845 443,418 554,378 129,633 142,216 151,036 48 31 53 2,273 2,202 2,752 5,392 5,103 3,696 28,837 19,015 29,479 624,926 559,281 669,432 5,100 5,300 47,900 770,519 671,343 1,127,702 113,909 253,267 420,322 54,102 54,199 56,782 25,405 24,618 28,761 62,804 1,626 567 680,205 443,983 625,264 55,279 115,297 44,167 682 53,227 565 2,021 3,500 2,500 1,450 3,255 2,301 3,360 685,622 502,013 630,640 13,300 19,950 19,950 12 4 4 13,312 19,954 19,954 2 0 12 74,006 37,314 18,825 124,461 50,455 87,769 50,455 87,769 106,594

1. 25 26 27 135 2 3 2. 3. 2 47 2 20 4. 5. 1 1 2 21 12 11 1621 135 2 3 21 3 47 2 20 1 2 Sony Life Insurance Co., Ltd. 2016 099

100 25 26 27 2 6,21515 10 10 7 3 3 6,21515 10 7 10 4 4 6. 115 7. 3 8. 1 5 2 116 8 48 3 5 9. 26 24 5 17 25 24 5 17 1 2 27 3 3 8,381 2,664 274 5,991 Sony Life Insurance Co., Ltd. 2016 1 2 3 3 7 10 1 2 3 26 28 3 28 1 66 2 29 3 3

28 3 31 27 25 26 3 31 1. 3 4097 9613 4 3 3 3 2. 10 3 31 34 14 3 31 33 10 3 31119 25 3. 23,497 4. 323 5. 1181 640,562 6. 514 3,747 7. 4,273 2,273 5 2,232 4,237 8. 259 9,729 9. 1 2 34,657 2,896 206 266 1,032 36,994 8,776 131 727 937 284 10,289 26 27 3 31 1. 3 4097 9613 4 3 3 3 2. 10 3 31 34 14 3 31 33 10 3 31119 25 3. 25,485 4. 323 5. 1181 793,344 6. 1,094 3,715 7. 4,237 2,202 3 2,153 4,191 8. 259 9,869 9. 1 2 36,994 8,656 28,338 3,254 153 1,108 1,305 31,550 10,289 154 1,061 960 264 12,201 1. 48,796 2. 3 4097 9613 4 3 3 3 3. 10 3 31 34 14 3 31 33 10 3 31119 25 4. 27,584 5. 323 6. 1181 850,323 7. 121 4,589 8. 4,191 2,752 2 3,564 5,006 9. 259 9,821 10. 1 2 31,550 3,673 99 3,509 1,751 37,081 12,201 183 313 941 334 12,678 Sony Life Insurance Co., Ltd. 2016 101

102 25 26 3 31 8,372 10,289 1,917 28,622 2,897 129 414 23,522 25,389 1,867 23,522 2,896 206 131 1,023 129 443 4,309 58 38 4 100 0.6 1.5 3 81 10. 35 67 11. 1,841 12. 16,000 Sony Life Insurance Co., Ltd. 2016 26 27 3 31 9,003 12,201 3,198 22,546 1,918 17,429 19,725 2,295 17,429 3,254 153 154 1,025 129 531 4,682 58 38 4 100 0.2 0.6 1.5 3 82 10. 26 24 5 17 25 27 3 26 35 67 37 8,381 2,664 274 5,991 227 1 83 28 12 32 1 11. 18,500 27 28 3 31 10,201 12,678 2,477 26,880 4,836 19,566 21,944 2,377 19,566 3,673 99 183 904 37 4,531 66 32 2 100 0.2 0.1 1.5 3 89 11. 13,267

28 3 31 27 25 26 3 31 13. 151,040 37,068 329 24,361 12,791 7,240 36,907 2 33.33% 1.04% 0.85% 0.42% 3 26 10 26 3 31 26 4 1 26 4 1 33.33% 30.78% 609 597 14. 733 711 1 711 733 15. 1 5,274 71 16. 1 1181 ALM 2 26 27 3 31 12. 150,223 48,178 2,166 24,439 12,360 5,028 47,760 2 30.78% 4.56%2.84% 3 27 9 27 3 31 27 4 1 30.78% 27 4 1 28.85% 8 3,186 3,195 33 13. 733 711 47 711 748 14. 1 6,178 95 15. 1 1181 ALM 2 12. 1 54,032 58,939 2,243 26,121 12,392 5,478 58,509 2 28.85% 2.71%0.26% 3 28 15 2813 28 3 29 28 4 1 28.85% 28 4 1 29 4 1 28.24% 30 4 1 28.00% 280 1,495 1,776 14 13. 733 711 22 711 771 14. 1 6,888 51 15. 1 1181 ALM 2 Sony Life Insurance Co., Ltd. 2016 103

Sony Life Insurance Co., Ltd. 2016 10427 28 3 31 26 27 3 31 25 26 3 31 3 ALM 4 3 ALM VaR 4 16. 3 ALM VaR 4

28 3 31 27 25 26 3 31 17. 26 3 31 1 15,827 15,827 2 34,628 34,628 3 305,346 305,346 4 620,666 620,666 4,409,662 4,839,983 430,320 883,977 883,977 5 138,236 147,932 9,696 15,944 16,874 929 38 38 6,424,328 6,865,275 440,947 1 1 2 34 16,000 22,916 1,493 5 26 27 3 31 16. 27 3 31 : 1 16,535 16,535 2 71,234 71,234 3 313,276 313,276 4 761,473 761,473 4,878,792 5,718,258 839,466 862,747 862,747 5 146,442 156,822 10,380 15,954 17,067 1,112 2 2 7,066,458 7,917,416 850,958 479 479 479 479 1 1 2 34 18,500 20,570 1,620 5 16. 28 3 31 : 1 18,394 18,394 2 88,200 88,200 3 280,973 280,973 4 796,241 796,241 5,383,938 7,410,168 2,026,230 251,260 292,566 41,305 810,851 810,851 5 155,413 167,080 11,666 16,235 17,516 1,281 7,801,509 9,881,992 2,080,483 1 62,804 62,804 62,804 62,804 929 929 929 929 1 1 2 34 13,267 149 16,305 1,346 5 1 Sony Life Insurance Co., Ltd. 2016 105

106 25 26 3 31 2 1 5 1 5 10 10 1 15,827 2 34,628 3 30,600 4,281,700 106,357 18,200 28,600 32,490 680,850 4,878 13,397 4 35 2 68,691 33,480 76,487 5,068,907 1 305,346 2 138,236 15,944 18. 1 2 13 33 1.8 2.3% 3 656 14 16 654 19. 3,637 1 67,231 3,897 63,334 2 81,310 20. 3,000 21. 1 16,000 2 3 1,538 22. 9,369 Sony Life Insurance Co., Ltd. 2016 26 27 3 31 2 1 5 1 5 10 10 1 16,535 2 71,234 3 198,100 4,564,300 148,131 14,400 32,290 652,650 5,590 14,420 3,977 4 2 87,772 19,990 244,810 5,369,059 1 313,276 2 146,442 15,954 17. 1 2 13 33 1.8 2.3% 3 654 14 4 665 18. 4,094 1 63,334 51,218 114,552 2 163,040 1. 2. 53,119 3. 19. 6,000 20. 1 18,500 2 10,510 3 1,506 21. 1,108 22. 27 28 3 31 2 1 5 1 5 10 10 1 18,394 2 88,200 3 235,100 5,072,930 113,581 20,086 3,659 218,130 9,900 85,490 521,550 13,941 2,253 6,997 126,681 27,500 322,843 5,933,188 1 280,973 2 155,413 16,235 17. 1 2 13 33 1.8 2.3% 3 665 14 679 18. 5,566 1 114,552 1,783 112,769 2 167,960 1. 2. 19. 6,000 20. 1 13,267 2 3 718 21. 52,007 62,804 48,796 22. 11,389

27 4 1 28 3 31 27 25 25 4 1 26 3 31 1. 11,085 4,211 2. 1 67398 3. 487 41 4. 109 11 5. 172 6. 4,572 7. 2,284 4,799 8. 1 529 47 37,063 37,063 70,000 1 9. 25 25 4 1 26 3 31 1. 15,827 34,628 50,455 2. 26 26 4 1 27 3 31 1. 10,463 2,612 2. 7,601 1,298 3. 0 4. 45 15 5. 28 453 40 6. 479 7. 4,308 8. 2,154 4,997 9. 1607 49 42,524 42,524 70,000 1 10. 26 26 4 1 27 3 31 1. 16,535 71,234 87,769 2. 1. 8,976 3,295 2. 11,247 88275 3. 24 23 4. 57 116 153 5. 1,408 6. 2,778 7. 2,173 5,064 8. 1529 94 37,096 37,096 70,000 1 9. 27 27 4 1 28 3 31 1. 18,394 88,200 106,594 2. Sony Life Insurance Co., Ltd. 2016 107

108 1-04 25 25 4 1 26 3 31 70,000 5,865 5,865 15,478 172,219 187,698 263,563 80,283 1,513 78,769 342,333 2,660 15,960 13,300 13,300 13,300 37,063 37,063 37,063 37,063 3,133 3,133 3,133 2,660 21,103 23,763 23,763 3,133 3,133 26,897 70,000 5,865 5,865 18,138 193,323 211,461 287,327 83,416 1,513 81,903 369,230 Sony Life Insurance Co., Ltd. 2016 26 26 4 1 27 3 31 70,000 5,865 5,865 18,138 193,323 211,461 287,327 83,416 1,513 81,903 369,230 5,991 5,991 5,991 5,991 70,000 5,865 5,865 18,138 199,315 217,453 293,318 83,416 1,513 81,903 375,221 3,990 23,940 19,950 19,950 19,950 42,524 42,524 42,524 42,524 34,696 33 34,729 34,729 3,990 18,584 22,574 22,574 34,696 33 34,729 57,304 70,000 5,865 5,865 22,128 217,900 240,028 315,893 118,113 1,480 116,632 432,526 27 27 4 1 28 3 31 70,000 5,865 5,865 22,128 217,900 240,028 315,893 118,113 1,480 116,632 432,526 3,990 23,940 19,950 19,950 19,950 37,096 37,096 37,096 37,096 32,508 14 32,522 32,522 3,990 13,156 17,146 17,146 32,508 14 32,522 49,669 70,000 5,865 5,865 26,118 231,056 257,175 333,040 150,621 1,465 149,155 482,195

25 25 4 1 26 3 31 1. 70,000 70,000 70,000 70,000 2. 1 1 25 6 10 11,200 160 25 25 3 31 6 10 26 3 27 2,100 26 30 3 27 2 1 26 6 9 13,300 190 26 26 3 31 6 9 26 26 4 1 27 3 31 27 27 4 1 28 3 31 2. 1 1 27 6 9 14,700 210 27 27 3 31 6 9 28 3 25 5,250 28 75 3 25 2 1 28 6 8 13,300 28 28 190 3 31 6 8 3. 3. 3. 25 25 4 1 26 3 31 25 25 4 1 26 3 31 25 25 4 1 26 3 31 1. 1. 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 2. 1 1 26 6 9 13,300 190 26 26 3 31 6 9 27 3 26 6,650 27 95 3 26 2 1 27 6 9 14,700 27 27 210 3 31 6 9 26 26 4 1 27 3 31 26 26 4 1 27 3 31 26 26 4 1 27 3 31 27 27 4 1 28 3 31 27 27 4 1 28 3 31 27 27 4 1 28 3 31 Sony Life Insurance Co., Ltd. 2016 109

110 1-05 436 21 PwC PwC 28 7 1 PwC 1-06 25 26 27 156,815 165,075 223,255 156,815 165,075 223,255 1-07 % 1. 2. 3. 33 3 12 12 3 4. 13 1-08 Sony Life Insurance Co., Ltd. 2016

09 1-25 26 27 954,157 1,078,363 1,169,875 274,027 301,193 319,740 41,556 42,845 44,260 63,671 68,707 75,166 0 0 0 90%100% 118,354 158,917 188,217 85%100% 75 15,325 20,778 174 212 302 78,868 81,201 83,648 400,056 429,392 470,777 20,626 16,433 31,308 2,000 3,000 1,707 R1+R8 2 + R2+R3+R7 2 +R4 80,904 84,411 85,930 R1 22,512 23,045 23,576 R8 8,368 8,422 8,519 R2 29,616 30,138 30,613 R7 12,896 14,373 15,902 R3 30,023 31,493 30,831 R4 2,068 2,149 2,188 A 1 2 100 2,358.7% 2,555.0% 2,722.8% 1. 86 878 50 2. Sony Life Insurance Co., Ltd. 2016 111 25 26 27 1= + + + 70,562 81,598 101,283 66,249 73,013 80,354 4,303 8,394 20,675 10 190 254 2= 57,098 62,768 69,041 62,556 68,688 75,532 415 428 442 636 687 751 4,002 4,296 4,710 a 4,000 4,293 4,707 b 1 2 3 403 508 585 A1 2 13,464 18,830 32,241 3 4,303 8,394 20,675 B1 2 3 9,161 10,435 11,566

112 25 26 27 931,256 1,066,059 1,151,900 267,645 299,756 318,011 41,556 42,845 44,260 63,671 68,707 75,166 0 0 0 90 100 118,354 158,917 188,217 85 100 75 15,325 20,778 2,768 1,918 4,836 174 212 302 78,868 81,201 83,648 400,056 429,392 470,777 27,008 17,870 33,036 9,369 10,510 11,389 R1 2 +R5 2 +R8+R9 2 + R2+R3+R7 2 +R4+R6 77,160 80,300 82,983 R1 22,512 23,045 23,576 R5 R6 R8 8,368 8,422 8,519 R9 R2 29,616 30,138 30,613 R7 12,896 14,373 15,902 R3 26,023 27,118 27,698 R4 1,988 2,061 2,126 A 1 2 100 2,413.8% 2,655.1% 2,776.2% 1. 862 88 23 23 2. Sony Life Insurance Co., Ltd. 2016

10 1-1. 25 26 27 620,666 50,776 761,473 89,147 796,241 75,945 a. 25 26 4,409,662 4,839,983 430,320 430,394 73 4,878,792 5,718,258 839,466 839,567 101 1,065,514 1,189,899 124,384 124,420 35 1,007,822 1,176,698 168,875 168,984 108 1,035,912 1,146,757 110,844 110,866 22 974,613 1,120,126 145,512 145,512 12,236 21,205 8,968 8,972 3 13,421 29,496 16,075 16,075 15,891 19,403 3,511 3,521 10 19,451 26,412 6,961 7,069 108 15,891 19,403 3,511 3,521 10 19,451 26,412 6,961 7,069 108 1,474 2,533 1,059 1,059 336 663 326 326 5,475,177 6,029,882 554,705 554,814 109 5,886,614 6,894,956 1,008,341 1,008,551 210 5,385,143 5,913,448 528,305 528,327 22 5,775,323 6,736,583 961,259 961,361 101 12,236 21,205 8,968 8,972 3 13,421 29,496 16,075 16,075 76,323 92,695 16,371 16,455 84 97,533 128,214 30,680 30,788 108 76,323 92,695 16,371 16,455 84 97,533 128,214 30,680 30,788 108 1,474 2,533 1,059 1,059 336 663 326 326 Sony Life Insurance Co., Ltd. 2016 113

114 27 5,383,938 7,410,168 2,026,230 2,026,230 251,260 292,566 41,305 41,306 0 887,973 1,091,602 203,629 203,739 109 854,339 1,040,351 186,011 186,011 13,625 25,664 12,039 12,049 10 19,842 25,279 5,436 5,536 99 19,842 25,279 5,436 5,536 99 165 307 142 142 6,523,172 8,794,337 2,271,165 2,271,276 110 6,444,682 8,689,521 2,244,838 2,244,838 0 13,625 25,664 12,039 12,049 10 64,698 78,844 14,146 14,245 99 64,698 78,844 14,146 14,245 99 165 307 142 142 1. 2. 27 232,320 48,431 Sony Life Insurance Co., Ltd. 2016 25 26 27 4,404,321 4,834,716 430,394 4,858,704 5,698,272 839,567 5,383,938 7,410,168 2,026,230 4,349,230 4,766,691 417,460 4,780,622 5,596,470 815,848 5,339,082 7,356,603 2,017,520 55,090 68,024 12,933 78,082 101,801 23,719 44,855 53,565 8,709 5,341 5,267 73 20,087 19,985 101 20,087 19,985 101 5,341 5,267 73

25 26 27 245,519 286,826 41,306 245,519 286,826 41,306 5,741 5,740 0 5,741 5,740 0 25 26 27 1,017,996 1,142,416 124,420 1,004,852 1,173,837 168,984 883,355 1,087,094 203,739 989,552 1,100,419 110,866 974,613 1,120,126 145,512 854,339 1,040,351 186,011 12,041 21,013 8,972 13,421 29,496 16,075 13,452 25,501 12,049 14,928 18,450 3,521 16,481 23,551 7,069 15,398 20,934 5,536 1,474 2,533 1,059 336 663 326 165 307 142 47,518 47,482 35 2,969 2,861 108 4,618 4,508 109 46,360 46,338 22 195 191 3 173 163 10 962 952 10 2,969 2,861 108 4,444 4,344 99 b. Sony Life Insurance Co., Ltd. 2016 115 25 26 27 16,000 18,500 13,267 17,289 14,492 12,301 149 823 663 439 16,466 13,828 11,712 33,289 32,992 25,569

116 c. ba 25 26 4,409,662 4,839,983 430,320 430,394 73 4,878,792 5,718,258 839,466 839,567 101 16,000 16,000 18,500 18,500 1,082,804 1,214,309 131,504 131,986 481 1,022,315 1,198,889 176,574 177,188 614 1,035,912 1,146,757 110,844 110,866 22 974,613 1,120,126 145,512 145,512 12,236 21,205 8,968 8,972 3 13,421 29,496 16,075 16,075 16,714 21,129 4,414 4,424 10 20,115 28,488 8,373 8,482 108 15,891 19,403 3,511 3,521 10 19,451 26,412 6,961 7,069 108 823 1,725 902 902 663 2,076 1,412 1,412 17,940 25,217 7,277 7,723 446 14,165 20,778 6,613 7,118 505 5,508,467 6,070,292 561,825 562,381 555 5,919,607 6,935,647 1,016,040 1,016,756 715 5,385,143 5,913,448 528,305 528,327 22 5,775,323 6,736,583 961,259 961,361 101 24,236 33,205 8,968 8,972 3 26,421 42,496 16,075 16,075 81,146 98,420 17,273 17,357 84 103,697 135,790 32,092 32,201 108 76,323 92,695 16,371 16,455 84 97,533 128,214 30,680 30,788 108 4,823 5,725 902 902 6,163 7,576 1,412 1,412 17,940 25,217 7,277 7,723 446 14,165 20,778 6,613 7,118 505 Sony Life Insurance Co., Ltd. 2016 27 5,383,938 7,410,168 2,026,230 2,026,230 251,260 292,566 41,305 41,306 0 13,267 13,267 900,274 1,109,405 209,130 209,792 661 854,339 1,040,351 186,011 186,011 13,775 25,814 12,039 12,049 10 20,281 27,271 6,989 7,089 99 19,842 25,279 5,436 5,536 99 439 1,992 1,552 1,552 11,877 15,967 4,090 4,641 551 6,548,741 8,825,407 2,276,666 2,277,328 662 6,444,682 8,689,521 2,244,838 2,244,838 0 20,343 32,382 12,039 12,049 10 71,837 87,536 15,699 15,798 99 64,698 78,844 14,146 14,245 99 7,139 8,692 1,552 1,552 11,877 15,967 4,090 4,641 551

2. 25 26 305,346 305,346 313,276 313,276 27 280,973 280,973 50 25 26 268,042 305,296 37,253 37,253 268,017 313,225 45,208 45,208 27 232,491 280,922 48,431 48,431 3. 1. 2. Sony Life Insurance Co., Ltd. 2016 117 3. 4. 5.

118 1. 25 26 139 7 612 479 139 7 612 479 27 422 737 230 929 422 737 230 929 2. 25 26 1 1 1,000 1,000 139 139 139 Sony Life Insurance Co., Ltd. 2016 27 1 1,000 1,000 422 422 422 1 1 3 3 5 25 5 7 % 7 10 10 1 1 1 3 1 3 3 5 3 5 26 5 7 27 5 7 % 7 10 10 1,000 1,000 1.89 1.89 0.15 0.15 1,000 1,000 % 7 10 10 1,000 1,000 1.89 1.89 0.12 0.12 1,000 1,000

25 26 1 1 21,282 7 7 10,364 93 93 9,968 115 115 949 15 15 7 27 1 50,035 737 737 31,792 714 714 15,387 25 25 2,855 2 2 737 1. 2. 25 26 1 1 21,903 612 612 612 27 1 72,793 230 230 230 3. Sony Life Insurance Co., Ltd. 2016 119

120 1-11 25 26 27 A 72,365 76,505 43,019 2,130 14,447 27,387 7,119 479 41 773 8,899 12,204 172 4,768 1,183 5,068 3,253 949 6,011 2,951 528 0 2,099 2,798 420 3,910 153 B 1,180 8,435 24,435 A B 73,545 84,940 67,455 4,340 5,275 6,662 4,110 5,035 6,458 6 31 5 223 207 197 C 4,340 5,275 6,662 A B C 69,205 79,665 60,792 Sony Life Insurance Co., Ltd. 2016 1. 27 A 4,853 57 3,253 153 197 2. 26 A 5,283 28 3,693 217 207 3. 25 A 5,311 227 193 223

25 26 27 1,194,979 1,209,380 1,206,007 960,986 914,034 1,028,048 959,660 912,497 1,026,407 1,325 1,537 1,640 204,881 260,390 141,472 122,160 133,592 141,450 2 1 0 47 7 21 82,670 126,789 23,799 29,644 31,575 2,151 3,617 2,352 17,197 22,154 26,828 4,451 3,872 2,394 5,311 5,311 4,911 1,122,613 1,132,874 1,162,988 327,257 382,902 363,370 77,413 79,622 84,283 10,768 11,280 11,496 55,510 63,166 74,842 178,402 223,130 184,936 3,203 3,675 5,711 1,959 2,027 2,099 646,203 595,420 610,076 7,777 7,377 20,442 48 31 53 0 1 0 0 2,077 1,931 1,936 5,652 5,413 3,715 14,735 113,868 115,603 133,334 27,507 31,571 35,764 10,884 12,184 14,939 7,981 10,571 12,373 5,064 5,267 5,342 3,532 3,523 3,077 24 30 44 0 0 72,365 76,505 43,019 Sony Life Insurance Co., Ltd. 2016 121 25 26 27 84 130 153 2.35% 2.35% 2.31% 2.20% 2.36% 2.42% 2.18% 2.12% 2.06%

122 2 2-01 1. % 25 26 6,236,000 104.6 38,628,089 103.4 6,552,685 105.1 40,391,018 104.6 94,413 114.8 466,915 113.1 119,419 126.5 597,682 128.0 1,405,237 104.4 1,442,198 102.6 55,196 97.7 17,210 31.2 27 % 6,880,470 105.0 42,293,769 104.7 166,331 139.3 856,062 143.2 1,599,364 110.9 13,093 76.1 1. 2. 25 Sony Life Insurance Co., Ltd. 2016 26 % 517,946 85.3 3,814,291 86.8 3,814,291 578,831 111.8 4,625,700 121.3 4,625,700 15,719 117.8 75,088 129.6 75,088 27,823 177.0 145,926 194.3 145,926 5,104 91.1 5,104 5,291 103.7 5,291 27 % 579,282 100.1 4,871,062 105.3 4,871,062 50,709 182.3 280,332 192.1 280,332 1,061 20.1 1,061 1. 2. 1

2. % 25 26 27 680,005 103.9 714,620 105.1 751,820 105.2 16,980 111.6 21,107 124.3 29,495 139.7 696,986 104.0 735,728 105.6 781,315 106.2 167,075 105.3 172,800 103.4 179,707 104.0 % 25 26 27 61,269 86.2 71,795 117.2 76,334 106.3 2,723 124.1 4,816 176.9 8,684 180.3 63,992 87.3 76,612 119.7 85,018 111.0 13,486 73.3 15,285 113.3 15,717 102.8 1. 1 1 2. Sony Life Insurance Co., Ltd. 2016 123

124 3. Sony Life Insurance Co., Ltd. 2016 25 26 27 4,743,523 35,556,338 4,958,598 37,129,771 5,226,764 38,899,244 610,296 3,188,877 685,767 3,602,970 823,273 4,275,541 18,494 165,529 46,680 476,044 59,731 567,438 15,090 140,607 14,621 133,183 14,232 126,546 332,430 2,711,866 338,058 2,710,522 340,179 2,699,573 1,245 11,522 1,217 11,128 1,196 10,917 564,387 3,179,370 552,782 3,085,149 538,555 2,972,267 4,317 7,738 4,092 7,255 3,908 6,895 11,937 66,519 511,682 1,763,371 532,627 1,831,852 530,977 1,810,966 41,301 164,163 95,362 385,449 1,352 44,305 1,288 43,018 1,225 39,288 221,528 5,764,089 245,845 6,340,146 271,949 6,968,621 3,293 49,569 2,898 40,801 2,624 34,711 86,423 1,783,849 83,600 1,709,811 81,164 1,641,168 68,650 1,297,123 69,811 1,321,041 69,376 1,303,547 58,577 534,460 70,823 658,024 79,185 735,716 12,404 123,077 18,558 755,669 18,101 743,221 17,632 723,217 26,182 578,534 24,289 502,884 22,562 438,058 51,431 1,477,624 48,267 1,316,593 45,395 1,177,456 71 6,110 47 5,395 34 4,032 35,922 1,619,192 43,121 1,985,996 50,569 2,386,042 3,349 116,349 3,102 108,573 2,760 95,717 42,747 789,873 46,548 862,868 48,685 910,666 17,294 13,261 19,819 15,888 22,112 17,855 5 130,595 492,393 133,832 502,877 134,657 503,702 12,528 2,441 15,910 3,210 18,333 3,827 214,595 29,251 210,300 28,487 208,483 27,976 08 61,918 5,713 67,395 6,084 74,610 6,592 31,867 30,821 29,907 1,586,695 675,752 1,594,273 656,479 1,602,956 638,904 11,946 5,025 11,308 4,787 10,741 4,564 5 61 1,221 55 1,089 51 990 522,914 8,345,638 527,854 8,250,219 533,419 8,191,390 378,275 1,315,664 407,795 1,422,354 429,167 1,504,136 47,944 137,093 61,492 184,187 84,805 265,213 1,842 8,058 2,918 13,703 3,470 15,530 2,242 9,485 3,411 18,183 3,903 21,879 258,380 983,264 267,362 1,006,238 264,200 998,024 5 67,867 177,764 66,251 173,342 64,159 169,527 6,361 26,699 8,630 33,961 1,114,202 1,756,085 1,186,292 1,838,892 1,224,539 1,890,387 13,317 15,680 73,793 79,087 95,683 97,571 5 1,100,885 1,740,405 1,112,499 1,759,805 1,128,856 1,792,815 6,236,000 38,628,089 6,552,685 40,391,018 6,880,470 42,293,769 5 55,941 247,101 64,138 282,646 75,667 334,053 30,281 160,834 46,192 250,875 80,862 454,185 8,191 58,979 9,089 64,160 9,802 67,823 94,413 466,915 119,419 597,682 166,331 856,062 95,087 233,526 93,235 178,128 122,445 172,913 134,103 75,088 126,811 69,746 113,340 67,159 1,729,468 1,096,603 1,599,340 1,194,312 1,507,312 1,359,283 45 18 35 10 22 7 1,958,703 1,405,237 1,819,421 1,442,198 1,743,119 1,599,364 25,437 3,872 21,525 2,505 21,177 100 159,268 51,324 59,871 14,704 58,978 12,992 184,705 55,196 81,396 17,210 80,155 13,093 1. 5 2. 3. 5 4. 5 5 5. 6. 7. 8.

25 26 27 369,707 3,424,239 434,256 4,321,409 470,261 4,598,378 48,549 213,026 91,162 444,259 154,214 824,693 18,725 164,923 29,162 265,734 14,475 150,587 1 10 13,610 70,372 12,795 69,174 9,380 55,884 21,388 121,846 6,714 38,968 3,599 21,104 314 463 267 408 278 422 11,999 66,953 71,722 273,274 44,824 172,252 15,167 57,127 41,636 165,826 56,043 230,547 28 1,547 28,617 868,575 41,925 1,254,219 40,870 1,245,454 4,107 89,827 5,196 106,237 5,019 105,735 7,430 190,682 6,394 171,229 4,683 129,988 13,035 129,636 19,938 191,091 16,732 159,800 12,497 123,838 919 46,356 1,147 61,399 1,025 52,017 7,982 373,702 9,431 460,524 10,060 512,301 231 6,658 180 6,330 170 4,929 7,520 147,705 7,242 141,832 5,560 119,827 3,786 3,067 4,285 4,191 3,804 3,287 5 12,916 48,199 8,532 33,144 5,874 23,053 4,369 928 4,214 925 3,405 803 3,775 365 4,541 482 5,777 613 08 8,729 761 8,839 769 10,255 823 2,071 2,454 2,288 89,883 19,756 83,378 16,708 77,087 14,395 5 36,234 652,550 37,807 715,699 36,286 694,189 91,693 304,877 54,786 194,725 48,942 188,049 8,095 23,461 16,235 50,354 25,951 92,754 1,870 7,954 1,134 4,224 666 3,292 2,272 9,417 1,242 6,933 670 6,922 76,511 254,597 27,792 99,207 17,104 69,189 5 2,945 9,446 1,916 6,970 2,002 7,882 6,467 27,034 2,549 8,008 56,546 85,174 89,789 109,565 60,079 84,634 13,326 15,693 60,953 64,004 22,430 19,061 5 43,220 69,481 28,836 45,560 37,649 65,573 517,946 3,814,291 578,831 4,625,700 579,282 4,871,062 5 10,486 45,780 10,252 46,040 14,060 65,167 5,233 29,308 17,571 99,885 36,649 215,165 15,719 75,088 27,823 145,926 50,709 280,332 828 6 2,162 4,248 14,997 5,098 764 1,043 14,404 1,061 15,825 5,104 2,926 5,291 14,404 1,061 1. 5 2. 3. 4. 5. 1 6. Sony Life Insurance Co., Ltd. 2016 125

126 4. 25 26 27 36,872,003 38,552,125 40,403,381 108,424 144,044 191,749 1,405,218 1,442,187 1,599,357 38,277,222 39,994,313 42,002,738 6,815,689 6,590,527 6,376,107 730 345 339 6,816,420 6,590,873 6,376,447 1,345,860 1,279,418 1,222,535 1,345,860 1,279,418 1,222,535 1,756,085 1,838,892 1,890,387 408,466 534,163 789,035 0 2,164,552 2,373,056 2,679,424 55,275 70,474 100,324 7 5 2 55,282 70,479 100,327 58,448 63,518 67,026 18 10 6 55,196 17,210 13,093 113,664 80,740 80,126 18,095 18,120 18,156 12 9 7 18,108 18,130 18,164 18,095 18,120 18,156 18,095 18,120 18,156 7,419 7,251 7,142 7,419 7,251 7,142 Sony Life Insurance Co., Ltd. 2016 1. 2. 3. 4. 5. 6.

5. 25 26 27 496,356 535,195 600,135 49,321 48,142 9,934 545,677 583,337 610,069 1,677,071 1,680,530 1,685,198 1,677,071 1,680,530 1,685,198 6. 25 26 27 7,980,007 8,419,299 8,646,575 14,722,876 15,554,558 16,507,322 35,556,338 37,129,771 38,899,244 1,169,086 1,193,284 1,183,082 1,315,664 1,422,354 1,504,136 1,756,085 1,838,892 1,890,387 466,915 597,682 856,062 3,484,766 3,347,551 3,214,336 3,330,923 3,242,975 3,161,771 489 467 445 21 19 18 52 50 48 1,295 1,252 1,216 1,281 1,259 1,238 16 15 14 4 4 4 241 243 251 6,514 6,628 6,737 1. 2. Sony Life Insurance Co., Ltd. 2016 127

128 7. % 25 26 27 5,958,963 37,366,333 6,236,000 38,628,089 6,552,685 40,391,018 517,946 3,814,291 578,831 4,625,700 579,282 4,871,062 15,013 55,283 13,859 49,869 13,053 47,587 19,558 111,830 17,796 105,965 18,479 119,711 248 2,523 309 2,241 309 1,897 13,612 191,967 12,015 242,220 10,341 187,579 9,719 60,056 10,379 62,727 11,389 68,065 30,587 114,426 30,525 113,452 36,532 123,903 37,478 171,793 42,765 190,478 44,682 204,038 193,104 1,495,343 214,052 1,857,459 196,144 1,684,170 37,362 224,789 34,294 215,454 34,374 227,980 18,320 847,729 16,566 823,495 14,931 1,016,928 6,236,000 38,628,089 6,552,685 40,391,018 6,880,470 42,293,769 4.6 3.4 5.1 4.6 5.0 4.7 277,037 1,261,755 316,685 1,762,928 327,785 1,902,751 22.3 23.9 14.3 39.7 3.5 7.9 Sony Life Insurance Co., Ltd. 2016 % 25 26 27 82,261 412,709 94,413 466,915 119,419 597,682 15,719 75,088 27,823 145,926 50,709 280,332 141 632 189 932 421 2,325 1,311 4,019 1,718 5,933 1,732 4,257 61 317 65 354 82 389 528 325 799 641 986 487 401 1,858 415 1,615 446 2,810 3,416 18,231 2,752 14,060 3,113 15,968 245 1,122 308 1,487 621 3,321 769 3,679 800 3,864 1,142 5,557 94,413 466,915 119,419 597,682 166,331 856,062 14.8 13.1 26.5 28.0 39.3 43.2 12,152 54,205 25,006 130,767 46,912 258,379 13.6 26.2 105.8 141.2 87.6 97.6

% 25 26 27 2,128,076 1,345,632 1,958,703 1,405,237 1,819,421 1,442,198 15,825 5,104 2,926 5,291 14,404 1,061 216,254 305,056 216,872 242,642 236,054 239,581 77,269 181,637 70,166 215,697 87,754 299,944 1,392 508 2,218 559 2,682 677 86 673 113 5,179 72 68 10,246 1,661 9,525 1,825 8,769 1,566 242,685 308,324 229,804 302,788 235,732 245,808 224,734 56,785 189,095 55,309 168,510 61,183 489,465 65,559 549,031 67,802 629,904 74,137 970 790 549 2,289 391 890 29 107 151 2,210 348 348 143 149 235 182 836 233 1,958,703 1,405,237 1,819,421 1,442,198 1,743,119 1,599,364 8.0 4.4 7.1 2.6 4.2 10.9 169,373 59,604 139,282 36,961 76,302 157,166 22.5 38.0 325.2 1. 2. % 25 26 27 191,934 56,503 184,705 55,196 81,396 17,210 244,140 2,097 234,801 2,022 223,456 1,765 8,398 2,201 4,579 1,073 1,718 192 91,023 35,950 184,705 55,196 81,396 17,210 80,155 13,093 3.8 2.3 55.9 68.8 1.5 23.9 7,229 1,306 103,309 37,986 1,241 4,117 1. 2. 1 3. Sony Life Insurance Co., Ltd. 2016 129

130 8. 1. 5 25 26 27 2.00 1.55% 1.55% 1.55% 1.20% 1.20% 1.20% 2.00 1.40% 1.40% 1.40% 1.05% 1.05% 1.05% 2. 27 5 5 301050 27 11 2 1.00% 1 7,533 26 11 2 1.00% 2 15,185 25 11 2 1.00% 3 22,957 24 11 2 1.50% 4 0 23 11 2 1.50% 5 0 0 22 11 2 1.50% 6 0 21 11 2 1.50% 7 0 20 11 2 1.50% 8 0 19 11 2 1.50% 9 0 18 11 2 1.50% 10 0 0 1. 28 11 2 2. 28 11 2 2-02 1. Sony Life Insurance Co., Ltd. 2016 3. 27 1.80% 4. 25 26 27 3.4 4.6 4.7 13.1 28.0 43.2 4.4 2.6 10.9 2.3 68.8 23.9 2. 25 26 27 7,364 7,991 8,408 6,194 6,164 6,146 3. 25 26 27 10.2 12.0 12.1 21.0 35.7 52.5 0.4 0.4 0.1 % %

4. 25 26 27 4.76 5.58 4.94 5.75 3.97 3.70 4.77 5.56 4.92 4.90 5.11 5.18 25 26 27 + 4.61 5.35 4.72 5. 25 26 27 11,311 12,200 12,851 6. 25 26 27 1.59 1.62 1.69 1.58 1.59 1.65 7. % % % Sony Life Insurance Co., Ltd. 2016 131 25 26 27 0.095 0.101 0.063 0.106 0.075 0.097 0.126 0.041 0.095 0.027 0.086 0.100 3.543 86.717 3.608 88.526 3.651 88.569 36.157 588.196 36.673 596.877 38.139 615.824 14.166 399.877 15.567 423.462 16.011 411.494 40.357 43.526 45.970 9.465 10.695 11.567 8. 25 26 27 11.9 12.7 13.0

132 9. 25 26 27 4 1 4 1 4 1 10. 25 26 27 100.0 100.0 100.0 100.0 100.0 100.0 % 11. Sony Life Insurance Co., Ltd. 2016 25 26 27 % AA AA AA 91.6 86.1 78.7 A 8.4 100.0 13.9 100.0 21.3 100.0 A A BBB S&P 12. 25 26 27 54 128 24 180 29 13. 25 26 27 22.2 22.4 23.6 26.8 28.1 29.4 36.9 34.9 37.1 1.6 1.7 1.6 19.6 19.7 21.5 % + + + 2 72

2. 2-03 1. 25 26 27 6,702 6,702 8,767 595 220 387 1,405 1,729 2,494 1,272 971 1,504 1,556 1,672 2,027 11,532 11,296 15,180 163 229 174 5,323 5,698 6,210 7,437 7,975 7,726 134 107 171 24,702 25,449 29,635 25 26 27 5,840,272 6,438,959 7,001,664 5,257,428 5,728,223 6,264,631 582,844 710,735 737,033 164,451 202,337 246,585 115,818 131,816 145,001 48,632 70,521 101,584 41 26 22 41 26 22 55,196 17,210 13,093 55,196 17,210 13,093 6,059,962 6,658,533 7,261,366 5,428,484 5,877,276 6,422,748 631,477 781,256 838,617 63,671 68,707 75,166 6,123,633 6,727,241 7,336,533 5,492,156 5,945,984 6,497,915 631,477 781,256 838,617 3. Sony Life Insurance Co., Ltd. 2016 133 25 26 27 5,859,446 6,454,413 7,036,247 200,515 204,119 225,118 63,671 68,707 75,166 6,123,633 6,727,241 7,336,533

134 4. 25 26 27 100.1 100.1% 100.1% 1. 2. 8 48 1980 1981 1985 32,894 6.006.25 1986 1990 53,082 6.006.25 1991 1995 556,111 2.756.25 1996 2000 1,183,473 1.904.00 2001 2005 1,404,402 1.50 2006 2010 1,642,134 1.50 2011 355,348 1.50 2012 384,033 1.50 2013 356,145 1.00 2014 219,931 1.00 2015 222,072 1.00 5. Sony Life Insurance Co., Ltd. 2016 25 26 27 35,270 45,902 80,678 1. 68 2. 1. 2. 1. 8 48-2-1-3-1 2. 91 5.0% 3.0%

6. 25 25 1,938 241 2,064 28 4,273 5 0 0 5 132 29 2,083 28 2,273 27 14 2,178 67 2,232 1,783 226 2,160 67 4,237 1,412 131 0 1,544 26 26 1,783 226 2,160 67 4,237 2 0 3 103 32 2,043 23 2,202 110 36 2,015 10 2,153 1,794 230 2,133 33 4,191 1,545 157 0 1,703 27 27 1,794 230 2,133 33 4,191 1 0 2 100 33 2,597 21 2,752 129 39 3,326 70 3,564 1,824 237 2,861 82 5,006 1,533 143 0 1,676 Sony Life Insurance Co., Ltd. 2016 135

136 7. 25 26 0 0 0 0 0 0 1 235 242 6 242 267 25 1 6,352 6,352 1 22,770 25,389 2,619 1 17,008 19,725 2,716 1 2 171 66 104 1 66 91 24 1 32,264 41,556 9,291 1 41,556 42,845 1,288 1 1 27 0 0 0 267 272 4 6,352 6,352 1 19,725 21,944 2,218 1 91 121 30 1 42,845 44,260 1,415 1 1. 99 100 5 6 2. 26 26 24 5 17 25 27 3 26 8,381 1 8. 9. Sony Life Insurance Co., Ltd. 2016 25 26 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 5,865 5,865 5,865 5,865 5,865 5,865 5,865 5,865 27 70,000 70,000 70,000 70,000 70,000 70,000 70,000 70,000 5,865 5,865 5,865 5,865

10. 25 26 27 936,009 873,718 967,324 162,027 57,458 93,702 220,465 240,743 263,622 9,986 10,343 10,649 543,530 565,171 599,350 16,469 32,642 53,732 3,504 16,495 31,586 3,990 5,409 7,869 216 238 284 8,757 10,498 13,992 4,523 4,855 5,250 2,658 1,280 99 959,660 912,497 1,026,407 11. 25 26 27 45,108 45,828 44,205 1,325 45,530 674 707 510 0 510 2,666 2,296 3,474 110 3,584 21,930 22,513 24,749 24,749 7,034 8,275 9,784 122 9,907 77,413 79,622 82,724 1,558 84,283 12. 25 26 27 Sony Life Insurance Co., Ltd. 2016 137 10,768 11,280 9,725 5 1,765 11,496 13. 14. 25 26 27 2,210 2,509 2,539 118 2,658 8,992 9,128 9,364 0 9,364 8,604 8,957 9,428 9,428 169 128 94 0 94 23,070 30,835 41,093 41,093 12,462 11,607 10,415 1,596 192 12,204 55,510 63,166 72,935 1,715 0 192 74,842 25 26 27 178,402 223,130 179,992 4,943 184,936

138 15. 25 26 % 4,807 262 2,446 2,361 50.9 4,857 266 2,582 2,274 53.2 3,528 176 1,490 2,037 42.3 3,567 178 1,574 1,993 44.1 20 0 0 19 1.7 20 4 4 15 21.7 1,259 86 955 304 75.8 1,269 84 1,003 266 79.0 38,095 4,799 14,235 23,859 37.4 39,825 4,997 18,244 21,580 45.8 11 2 6 5 52.6 22 3 8 13 39.0 42,915 5,064 16,688 26,226 38.9 44,705 5,267 20,836 23,869 46.6 27 % 4,845 273 2,795 2,049 57.7 3,507 184 1,751 1,756 49.9 20 4 8 12 41.0 1,317 84 1,036 281 78.7 41,380 5,064 22,218 19,162 53.7 22 4 12 10 54.6 46,249 5,342 25,026 21,222 54.1 16. 25 26 27 56,713 56,354 64,852 14,887 15,904 18,095 42,267 43,344 50,386 113,868 115,603 133,334 259 25 26 27 846 708 703 17. 25 26 27 5,205 7,232 8,011 3,763 5,840 6,905 1,306 1,252 959 131 138 145 4 1 0 2,776 3,338 4,362 940 1,576 1,863 1,712 1,642 2,377 42 41 39 0 80 78 82 7,981 10,571 12,373 Sony Life Insurance Co., Ltd. 2016

18. 19. 25 26 1 3 5 7 10 1 3 5 7 10 1 3 5 7 10 1 3 5 7 10 4 8 8 21 4 8 4 16 27 1 3 5 7 10 1 3 5 7 10 4 8 0 13 2-04 1. 27 1 27 GDP 4 6 1.7% 7 9 +1.7% 10 12 1.8%1 3 +1.9% * 28 1 10 0.1% 28 3 0.049% 0.447 28 3 16,758.67 2,448.32 1=120 1=111 28 3 1=112.68 1=120.17 7.49 * 2 2 ALM Asset Liability Management 3 27 7 1,850 6,770 10.4% 6 3,511 88.4% 701 1.0%333 0.5% 2,8093.9% 1,7162.4% 1,158 1.6%525 0.7 Sony Life Insurance Co., Ltd. 2016 139

140 Sony Life Insurance Co., Ltd. 2016 % 25 26 27 32,617 0.5 56,818 0.9 52,551 0.7 305,346 5.1 313,276 4.8 280,973 3.9 5,334,049 89.1 5,783,292 88.9 6,479,336 90.2 5,190,065 86.7 5,606,885 86.2 6,351,176 88.4 33,205 0.6 42,496 0.7 33,364 0.5 106,752 1.8 131,627 2.0 93,140 1.3 79,835 1.3 105,556 1.6 70,134 1.0 26,916 0.4 26,070 0.4 23,005 0.3 4,026 0.1 2,283 0.0 1,654 0.0 154,219 2.6 162,399 2.5 171,649 2.4 154,180 2.6 162,397 2.5 171,649 2.4 38 0.0 2 0.0 66,532 1.1 117,764 1.8 115,816 1.6 13,643 0.2 78,173 1.3 74,722 1.1 85,031 1.2 242 0.0 268 0.0 272 0.0 5,984,341 100.0 6,508,006 100.0 7,185,084 100.0 58,195 1.0 82,158 1.3 91,817 1.3 25 26 27 70,704 24,201 4,267 775 7,929 32,302 650,301 449,242 696,043 629,017 416,819 744,291 2,099 9,290 9,131 19,323 24,875 38,487 17,812 25,721 35,422 1,510 845 3,065 138 1,743 629 9,114 8,180 9,249 9,161 8,216 9,251 47 35 2 3,769 51,231 1,948 80 13,643 1,864 3,451 10,309 6 26 4 582,215 523,665 677,078 16,438 23,963 9,658

2. 25 26 27 0.05 0.06 0.05 1.98 1.97 4.84 2.18 2.40 2.23 2.06 2.17 2.16 2.22 3.35 4.90 8.30 12.69 4.13 3.80 3.74 3.71 0.64 0.59 0.83 5.65 4.39 4.90 2.20 2.36 2.42 1. 2. 112 3. 25 26 27 54,814 63,624 75,378 268,611 268,749 247,391 4,900,002 5,433,180 5,992,602 4,784,298 5,300,313 5,879,645 26,297 25,043 24,468 86,600 105,299 87,047 149,675 158,224 166,487 314 54 0 64,367 93,211 113,719 5,512,218 6,093,806 6,675,387 87,825 106,324 87,965 4. % Sony Life Insurance Co., Ltd. 2016 141 25 26 27 122,160 133,592 141,450 5,311 5,283 11,973 507 98 773 8,899 12,204 2 1 172 4,768 1,183 5,068 47 7 21 129,652 153,359 170,517

142 5. 25 26 27 48 31 53 528 0 0 1 2,099 2,798 6 32 5 2,077 1,931 1,936 5,845 5,630 3,868 8,506 9,727 8,664 6. 25 26 27 0 0 0 106,187 117,276 124,943 98,588 107,383 115,655 397 464 522 6,740 8,998 7,246 5,691 5,921 6,174 10,250 10,327 10,261 122,160 133,592 141,450 7. 25 26 27 1 7,601 11,247 673 1,298 882 98 75 773 8,899 12,204 8. 25 26 27 0 487 41 528 0 Sony Life Insurance Co., Ltd. 2016

12. 9. 10. 11. % 25 26 27 5,158,972 96.7 5,585,685 96.6 6,233,852 96.2 1,003 0.0 30,089 0.6 21,200 0.4 117,324 1.8 27,016 0.5 21,200 0.4 113,424 1.8 33,205 0.6 42,496 0.7 33,364 0.5 106,752 2.0 131,627 2.3 93,140 1.4 79,835 1.5 105,556 1.8 70,134 1.1 26,916 0.5 26,070 0.5 23,005 0.4 4,026 0.1 2,283 0.0 1,654 0.0 5,334,049 100.0 5,783,292 100.0 6,479,336 100.0 13. 1 1 3 3 5 25 5 7 7 10 10 20,374 21,985 29,574 16,389 70,532 5,175,193 5,334,049 10,586 12,297 15,285 65,346 5,055,455 5,158,972 1,003 1,003 6,718 2,058 105 1,639 19,566 30,089 33,205 33,205 2,007 7,629 13,045 16,389 3,248 64,432 106,752 5,099 12,371 1,931 60,432 79,835 2,007 7,629 7,945 4,017 1,316 4,000 26,916 58 1,136 297 2,533 4,026 20,374 21,985 29,574 16,389 70,532 5,175,193 5,334,049

144 1 1 3 3 5 26 5 7 7 10 10 4,028 24,052 11,155 22,101 233,584 5,488,369 5,783,292 14,960 5,447 228,796 5,336,480 5,585,685 1,635 19,564 21,200 42,496 42,496 4,028 9,091 9,982 16,207 3,152 89,165 131,627 2,022 4,044 13,413 2,410 83,665 105,556 4,028 7,069 5,937 2,793 741 5,500 26,070 1,173 446 663 2,283 4,028 24,052 11,155 22,101 233,584 5,488,369 5,783,292 27 1 1 3 Sony Life Insurance Co., Ltd. 2016 3 5 5 7 7 10 10 24,336 23,322 16,746 21,143 322,431 6,071,355 6,479,336 13,243 16,630 320,234 5,883,743 6,233,852 20,282 571 1,631 94,838 117,324 33,364 33,364 4,054 8,824 16,746 3,848 565 59,100 93,140 1,822 13,615 2,296 52,400 70,134 4,054 7,002 3,131 1,552 565 6,700 23,005 682 664 307 1,654 24,336 23,322 16,746 21,143 322,431 6,071,355 6,479,336 10 14. 25 26 27 2.08 2.04 1.97 4.73 4.70 4.14 %

15. % 25 26 27 1,838 5.5 2,089 4.9 1,758 5.3 554 1.7 1,153 2.7 1,214 3.6 750 2.3 1,284 3.0 1,143 3.4 736 2.2 1,276 3.0 1,420 4.3 108 0.3 107 0.3 357 1.1 316 0.7 418 1.3 1,153 3.5 1,654 3.9 1,279 3.8 4,150 12.5 5,207 12.3 4,229 12.7 2,304 6.9 3,256 7.7 2,394 7.2 241 0.7 362 0.9 389 1.2 88 0.3 313 0.7 433 1.3 631 1.9 687 1.6 476 1.4 1,062 3.2 1,760 4.1 1,753 5.3 3,041 9.2 3,314 7.8 3,042 9.1 277 0.8 1,482 4.5 2,666 6.3 3,057 9.2 12,000 36.1 13,000 30.6 6,717 20.1 846 2.6 984 2.3 935 2.8 1,685 5.1 3,058 7.2 2,594 7.8 33,205 100.0 42,496 100.0 33,364 100.0 Sony Life Insurance Co., Ltd. 2016 145

146 16. 25 26 27 154,180 162,397 171,649 138,236 146,442 155,413 15,944 15,954 16,235 38 2 38 2 154,219 162,399 171,649 17. 18. 25 Sony Life Insurance Co., Ltd. 2016 10 1 26 10 1 3 5 7 1 3 5 7 1 3 5 7 10 3 5 7 10 35 2 38 2 2 35 2 38 2 2 27 10 1 3 5 7 1 3 5 7 10

19. % 25 26 27 38 100.0 2 100.0 38 100.0 2 100.0 38 100.0 2 100.0 1. 2. 20. % Sony Life Insurance Co., Ltd. 2016 147 25 26 27 8 21.8 0 24.9 30 78.2 1 75.1 21.

148 22. % 25 26 27 38 100.0 2 100.0 38 100.0 2 100.0 23. 25 % 31,089 986 30,103 39,212 464 1,118 2,129 36,429 21,972 37.6 31 185 20 171 14 19 0 1.7 482 216 10 140 548 1,524 73.6 5 70,969 700 2,285 2,284 67,100 23,497 38.8 36 67,231 346 2,223 2,021 63,334 21,050 37.8 % 26 30,103 52,903 83,007 36,429 374 40 2,005 34,757 23,849 40.7 10 19 4 15 4 21.7 548 49 1 144 452 1,631 78.3 0 67,100 53,327 42 2,154 118,232 25,485 42.0 10 63,334 53,119 13 1,887 114,552 22,902 41.0 Sony Life Insurance Co., Ltd. 2016

24. % 27 83,007 83,007 34,757 364 318 2,025 32,777 25,852 44.1 312 15 0 4 12 8 41.0 31 31 452 169 50 144 427 1,723 80.1 49 118,232 566 368 2,173 116,256 27,584 45.4 362 114,552 122 5 1,900 112,769 24,788 44.3 25 26 27 66,532 117,764 115,816 3,442 3,397 3,193 63,090 114,366 112,623 3 3 3 25. % 26 Sony Life Insurance Co., Ltd. 2016 149 25 26 27 40 31 6 39 29 5 1 1 0 0 0 0 0 0 41 31 7 14 13 5 26. 25 55,686 2,021 21,050 34,635 37.8 55,853 1,887 22,902 32,950 41.0 54,873 1,952 20,481 34,391 37.3 55,038 1,827 22,274 32,764 40.5 14 813 54 569 243 70.0 814 59 628 186 77.2 534 55 434 100 81.3 494 44 437 57 88.4 56,221 2,077 21,485 34,736 38.2 56,347 1,931 23,339 33,007 41.4

150 27 % 55,955 1,900 24,788 31,167 44.3 55,121 1,841 24,100 31,020 43.7 833 59 687 146 82.5 368 36 347 20 94.4 56,323 1,936 25,136 31,187 44.6 27. 25 Sony Life Insurance Co., Ltd. 2016 26 % 25 26 27 36,015 33.6 61,258 46.0 70,134 70.6 1,725 1.6 2,076 1.6 1,992 2.0 20,453 19.1 18,824 14.1 19,690 19.8 58,195 54.3 82,158 61.7 91,817 92.4 49,059 45.7 51,094 38.3 7,576 7.6 49,059 45.7 51,094 38.3 7,576 7.6 107,254 100.0 133,253 100.0 99,394 100.0 % 37,125 34.8 29,742 37.3 7,383 27.4 61,032 46.4 54,129 51.3 6,902 26.5 53,980 50.6 46,847 58.7 7,132 26.5 52,492 39.9 47,160 44.7 5,332 20.5 3,246 3.0 3,246 4.1 4,267 3.2 4,267 4.0 12,400 11.6 12,400 46.1 13,835 10.5 13,835 53.1 106,752 100.0 79,835 100.0 26,916 100.0 131,627 100.0 105,556 100.0 26,070 100.0

27 % 72,644 78.0 67,242 95.9 5,402 23.5 4,428 4.8 4,428 19.2 2,892 3.1 2,892 4.1 13,175 14.1 13,175 57.3 93,140 100.0 70,134 100.0 23,005 100.0 % 25 26 27 45,301 77.8 70,505 85.8 82,500 89.9 9,148 15.7 7,020 8.5 6,151 6.7 3,270 5.6 4,306 5.2 2,914 3.2 469 0.8 324 0.4 248 0.3 3 0.0 1 0.0 2 0.0 2 0.0 58,195 100.0 82,158 100.0 91,817 100.0 28. % Sony Life Insurance Co., Ltd. 2016 151 25 26 27 8.19 12.57 4.09 29. 25 26 27 75,579 28,829 20,912 67,886 75,579 28,829 88,798 75,579 28,829 88,798 30.

152 31. 25 26 562 0 6 440 117 514 18 1 445 85 562 0 6 440 117 514 18 1 445 85 27 31 31 405 3 2 360 46 405 35 2 360 77 2-05 1. 25 26 27 1,062 40 2,215 153 a. Sony Life Insurance Co., Ltd. 2016 25 26 4,409,662 4,839,983 430,320 430,394 73 4,878,792 5,718,258 839,466 839,567 101 1,065,514 1,189,899 124,384 124,420 35 1,007,822 1,176,698 168,875 168,984 108 1,035,912 1,146,757 110,844 110,866 22 974,613 1,120,126 145,512 145,512 12,236 21,205 8,968 8,972 3 13,421 29,496 16,075 16,075 15,891 19,403 3,511 3,521 10 19,451 26,412 6,961 7,069 108 15,891 19,403 3,511 3,521 10 19,451 26,412 6,961 7,069 108 1,474 2,533 1,059 1,059 336 663 326 326 5,475,177 6,029,882 554,705 554,814 109 5,886,614 6,894,956 1,008,341 1,008,551 210 5,385,143 5,913,448 528,305 528,327 22 5,775,323 6,736,583 961,259 961,361 101 12,236 21,205 8,968 8,972 3 13,421 29,496 16,075 16,075 76,323 92,695 16,371 16,455 84 97,533 128,214 30,680 30,788 108 76,323 92,695 16,371 16,455 84 97,533 128,214 30,680 30,788 108 1,474 2,533 1,059 1,059 336 663 326 326

b. 27 5,383,938 7,410,168 2,026,230 2,026,230 251,260 292,566 41,305 41,306 0 887,973 1,091,602 203,629 203,739 109 854,339 1,040,351 186,011 186,011 13,625 25,664 12,039 12,049 10 19,842 25,279 5,436 5,536 99 19,842 25,279 5,436 5,536 99 165 307 142 142 6,523,172 8,794,337 2,271,165 2,271,276 110 6,444,682 8,689,521 2,244,838 2,244,838 0 13,625 25,664 12,039 12,049 10 64,698 78,844 14,146 14,245 99 64,698 78,844 14,146 14,245 99 165 307 142 142 1. 2. 27 232,320 48,431 Sony Life Insurance Co., Ltd. 2016 153 25 26 27 16,000 18,500 13,267 17,289 14,492 12,301 149 823 663 439 16,466 13,828 11,712 33,289 32,992 25,569

154 c. ba 25 26 4,409,662 4,839,983 430,320 430,394 73 4,878,792 5,718,258 839,466 839,567 101 16,000 16,000 18,500 18,500 1,082,804 1,214,309 131,504 131,986 481 1,022,315 1,198,889 176,574 177,188 614 1,035,912 1,146,757 110,844 110,866 22 974,613 1,120,126 145,512 145,512 12,236 21,205 8,968 8,972 3 13,421 29,496 16,075 16,075 16,714 21,129 4,414 4,424 10 20,115 28,488 8,373 8,482 108 15,891 19,403 3,511 3,521 10 19,451 26,412 6,961 7,069 108 823 1,725 902 902 663 2,076 1,412 1,412 17,940 25,217 7,277 7,723 446 14,165 20,778 6,613 7,118 505 5,508,467 6,070,292 561,825 562,381 555 5,919,607 6,935,647 1,016,040 1,016,756 715 5,385,143 5,913,448 528,305 528,327 22 5,775,323 6,736,583 961,259 961,361 101 24,236 33,205 8,968 8,972 3 26,421 42,496 16,075 16,075 81,146 98,420 17,273 17,357 84 103,697 135,790 32,092 32,201 108 76,323 92,695 16,371 16,455 84 97,533 128,214 30,680 30,788 108 4,823 5,725 902 902 6,163 7,576 1,412 1,412 17,940 25,217 7,277 7,723 446 14,165 20,778 6,613 7,118 505 Sony Life Insurance Co., Ltd. 2016 27 5,383,938 7,410,168 2,026,230 2,026,230 251,260 292,566 41,305 41,306 0 13,267 13,267 900,274 1,109,405 209,130 209,792 661 854,339 1,040,351 186,011 186,011 13,775 25,814 12,039 12,049 10 20,281 27,271 6,989 7,089 99 19,842 25,279 5,436 5,536 99 439 1,992 1,552 1,552 11,877 15,967 4,090 4,641 551 6,548,741 8,825,407 2,276,666 2,277,328 662 6,444,682 8,689,521 2,244,838 2,244,838 0 20,343 32,382 12,039 12,049 10 71,837 87,536 15,699 15,798 99 64,698 78,844 14,146 14,245 99 7,139 8,692 1,552 1,552 11,877 15,967 4,090 4,641 551

2. 25 26 305,346 305,346 313,276 313,276 27 25 280,973 280,973 50 26 268,042 305,296 37,253 37,253 268,017 313,225 45,208 45,208 27 232,491 280,922 48,431 48,431 3. 25 26 Sony Life Insurance Co., Ltd. 2016 155 139 7 612 479 139 7 612 479 27 422 737 230 929 422 737 230 929

156 25 26 1 1 1,000 1,000 139 139 139 27 1 1,000 1,000 422 422 422 25 % Sony Life Insurance Co., Ltd. 2016 1 1 3 3 5 5 7 7 10 10 1 1 1 3 1 3 3 5 3 5 26 5 7 27 5 7 % 7 10 10 1,000 1,000 1.89 1.89 0.15 0.15 1,000 1,000 % 7 10 10 1,000 1,000 1.89 1.89 0.12 0.12 1,000 1,000

25 26 1 1 21,282 7 7 10,364 93 93 9,968 115 115 949 15 15 7 27 1 50,035 737 737 31,792 714 714 15,387 25 25 2,855 2 2 737 1. 2. 25 26 1 1 21,903 612 612 612 27 1 72,793 230 230 230 Sony Life Insurance Co., Ltd. 2016 157

158 3 3-01 3-02 1. 27 2. 27 6 2000 4IT 20,868 8 25 26 27 640,562 793,344 850,323 640,562 793,344 850,323 Sony Life Insurance Co., Ltd. 2016 % 10.12 6.18 10.65 1.55 4.60 0.49 0.66 0.04 2 14,952 3316,758.67 10.12% 12.75% TOPIX VA3 6.18% 10.82% 225 ETF VA3

MSCI VL 10.65% 9.63% VL MSCI MSCI 8 2 ECB +1.55% 9.63% MSCI 2016 1 2 0.1% +4.60% 2% 12 9 1.6% ECB 0.49% 1.11% Sony Life Insurance Co., Ltd. 2016 159

160 225 ETF 0.66% +0.04% 3-03 1. 25 26 27 610,296 7,302,062 685,767 7,826,857 823,273 8,690,797 47,944 164,508 61,492 222,443 84,805 323,349 1,352 45,807 1,288 44,356 1,225 40,538 659,592 7,512,377 748,547 8,093,657 909,303 9,054,686 Sony Life Insurance Co., Ltd. 2016 25 26 27 30,502 161,758 46,508 252,266 81,325 456,096

4. 2. % 25 26 27 17,838 2.8 30,950 3.9 54,043 6.4 620,666 96.9 760,411 95.8 794,025 93.4 168,661 26.3 165,980 20.9 158,244 18.6 37,237 5.8 50,068 6.3 50,046 5.9 235,435 36.8 319,985 40.3 378,833 44.6 51,863 8.1 59,918 7.6 62,504 7.4 183,571 28.7 260,067 32.8 316,328 37.2 179,332 28.0 224,376 28.3 206,902 24.3 2,057 0.3 1,982 0.2 2,254 0.3 640,562 100.0 793,344 100.0 850,323 100.0 3. 25 26 27 11,773 13,175 15,220 16,052 17,275 36,481 74 16 4 143,031 232,096 163,414 5,036 8,458 12,643 0 0 680 993 2,103 141 103 33 92,255 142,989 239,513 221 146 850 82,670 126,789 14,735 Sony Life Insurance Co., Ltd. 2016 161 25 26 27 620,666 50,776 760,411 89,106 794,025 76,099

162 4 4-01 0 2 5-52-2 132.5 19 8 29 SA Reinsurance Ltd. 134 21 10 29 50 50 28 3 31 0 0 4-02 SA Reinsurance Ltd. 4-03 Sony Life Insurance Co., Ltd. 2016 27 113.8% 4,442 80 43.9% 715 93

28 6 23 1. 27 27 4 1 28 3 31 2. 1 2 3 Sony Life Insurance Co., Ltd. 2016 163

164 1...092 2...089 3...084 4...091 5...091 6...091...091 10...091 7...091 8...087 9... 10...088 11...088 12...088 13...088 1...090 2...002 1...013 2...055 3...053 4...049 5...034 6...030 7...046 8...082 9... 040 041 064 10...074 5...012 1...094 2...096 3...098 4...108 5...110 110...110...110...110 6...022 110...110...110 3...110...110 7...110 8...021 111 9...113...113...117...117 10...018 120 11...110 12... 13...163 14... 1...122 1...012 2...013 122 3...123 4...126 5...127 6...128 7...130 2...130 1...130 2...130 3...130 4...014 131 5...131 Sony Life Insurance Co., Ltd. 2016 6...131 7...131 8...014 131 9...132 10 5...132 11...132 12...132 13...132 3...133 1...133 2...133 3...133 4...134 5...134 6...135 7...136 8...136 9...136 10...137 11...137 12...137 13...137 14...137 15...138 16...138 17...138 18...139 19...139 4...139 1...139...015 139...140 2...141 3...141 4...141 5...142 6...142 7...142 8...142 9...143 10...143 11...143 12...143 13...143 14...144 15...145 16...146 17...146 18...146 19...147 20...147 21...147 22...148 23...148...148...149 24...149 25...149 26...149 27...150...150...150...151 28...151 29...151 30...151 31...152 5...152...152...155...155 1...061 2...067 3...063 4...053 5...064 6...070 1...158 2...158 3...160 1...160 2...161 3...161 4...161...161...161...161 1...162 1...162 2...162...162...162...162...162...162...162...162 2...162 1..162 2................... 3... 1... 2......... 3... 4... 5... 3 6..112 7... 8... 9... 10... 11...

0120-158-821 9:00 17:30 0120-158-679 9:00 21:00 9:00 17:30 100-8179 1-9-2 TEL 03-5290-6100 28 7 84 86 URL http://www.sonylife.co.jp/ FSC