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Aflac AFL Aflac Japan — Future policy benefits & unpaid policy claims

Other segment segments

Aflac U.S.
$11.28B+2.9%
Corporate and other
$4.1B-14.9%

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Other financials

Income statement

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Revenue$4.1B-1.0%
Net income$825.0M+37.7%
EPS (diluted)$1.63+46.8%

Balance sheet

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Cash & equivalents$6.1B-12.1%
Total debt$8.8B-2.4%
Total equity$30.3B+11.4%
Total assets$115.96B-7.0%

Cash flow

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Operating cash flow$112.0M-71.9%

Valuation

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Market cap$62.59B+12.3%
Enterprise value$65.28B+13.0%
P/E12.9×-10.0×
P/S3.5×0.0×

Profitability

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Net margin26.9%+11.6pp

Returns & leverage

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Return on equity16.9%+7.8pp
Debt / equity0.3×0.0×

Where this comes from

Reported directly by Aflac in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationLiabilityForFuturePolicyBenefitsLossesClaimsAndLossExpenseReserves.

The source filing: Aflac’s 10-K, filed February 25, 2026.

Filed
Feb 25, 2026, 8:03 AM EST
Fiscal year
FY2025
Accession
0001628280-26-011402
(In millions)Deferred Policy Acquisition CostsFuture Policy Benefits & Unpaid Policy ClaimsUnearned PremiumsOther Policyholders'Funds
2025:
Aflac Japan$5,302$52,602$1,245$5,445
Aflac U.S.3,73211,281970
All other04,099(11)0
Intercompany eliminations0(5,167)(8)0
Total$9,034$62,815$1,323$5,445
2024:
Aflac Japan$5,102$60,890$1,199$5,460

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is Aflac's aflac japan — future policy benefits & unpaid policy claims?
Aflac (AFL) reported aflac japan — future policy benefits & unpaid policy claims of $52.6B in Q4 2025.
How has Aflac's aflac japan — future policy benefits & unpaid policy claims changed year-over-year?
Aflac's aflac japan — future policy benefits & unpaid policy claims decreased by 13.6% year-over-year, from $60.89B to $52.6B.
What does aflac japan — future policy benefits & unpaid policy claims mean?
The estimated liability for future insurance benefits and unpaid claims for the Aflac Japan segment. This represents the actuarial present value of the company's obligations to pay future claims to policyholders.

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