Tokyo Marine Holdings has revised its net profit forecast for the fiscal year ending March 2025 to 1 trillion yen, marking the first time the company has reached this milestone. The adjustment follows a broader trend among Japan's major non-life insurers, which collectively sold $11 billion in cross-held shares during the April-December 2024 period as part of a government initiative to reduce such holdings. Dai-ichi Life Holdings has also announced an upward revision of its net profit for the same fiscal year, alongside plans for a stock split. Meanwhile, Sanrio's stock price hit a ceiling following improved performance forecasts and increased year-end dividends. Additionally, Daifuku's stock surged by 14.8% as it projected record profits for the fiscal year ending December 2025. Kioxia shares experienced a rally of up to 19%, the highest since its Tokyo Stock Exchange listing in December 2024.