Dai-ichi Life Research Institute

What Dai-ichi Life Research Institute does

Dai-ichi Life Research Institute (第一ライフ資産運用経済研究所), founded 1997 and headquartered in Tokyo, is the in-house economic and financial-research arm of the Dai-ichi Life Group, wholly owned by Dai-ichi Life Holdings. The institute produces macroeconomic outlooks, financial-market analysis, and asset-management research, publishing both Japanese and English reports distributed freely via its website (dlri.co.jp), with output appearing across TV, radio, newspapers, and authored books by senior staff.

The research bench comprises roughly 21 economists and researchers, including Chief Economist Toshihiro Nagahama (永濱利廣), with team members drawn from the Bank of Japan, the Ministry of Finance, and the Financial Services Agency. Coverage spans monetary policy, fiscal policy, FX, equities, and the AI economy, and has begun to incorporate machine-learning-based forecasting (e.g., AI-driven USD/JPY projections under the Trump administration). Recent strategic activity includes joint research with the University of Tokyo (July 2025) and a partnership with Timee Spotwork Research Institute (January 2024).

The business model is essentially captive: the institute serves Dai-ichi Life Group's internal economic intelligence needs, with public dissemination functioning as brand and regulatory engagement rather than a paid external revenue channel. In April 2026 the entity was renamed from Daiichi Life Economic Research Institute to Dai-ichi Life Research Institute and reorganized within Dai-ichi Life Group as part of a broader group restructuring, alongside senior leadership appointments that strengthen the policy research function.

Name

Dai-ichi Life Research Institute

Legal name

Daiichi Life Research Institute Co., Ltd. (株式会社第一ライフ資産運用経済研究所)

Website

https://dlri.co.jp

Company type

Private

Founded year

1997

Operating status

Operating

Short description

Dai-ichi Life Research Institute is the captive economic, financial-market, and asset-management research arm of Japan's Dai-ichi Life Group, producing macro and policy analysis distributed freely to institutional, media, and public audiences from its Tokyo base.

Ownership category

akta.pro rank

Product category

Economic and Financial Research Services

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Services-Engineering, Accounting, Research, Management (8700), Investment Advice (6282)

akta.pro primary industry

Economic & Macroeconomic Research (BPAHALAD)

akta.pro secondary industries

Economic Research, Statistics & Policy Advisory (BPADAMAJ), Industry & Sector Research (Syndicated/Custom) (BPAHALAE), Sector-Specific Industry Research (FSACAGAL)

Keywords

• Economic research
• Financial market analysis
• Asset management research
• Macroeconomic forecasting
• Policy research

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

1. Research Services to Dai-ichi Life Group: The institute operates as an in-house research arm of the Dai-ichi Life Group, conducting economic research, financial market analysis, and policy research to support group decision-making and public-facing thought leadership

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Dai-ichi Life Research Institute is the in-house research arm of the Dai-ichi Life Group, conducting macroeconomic analysis, financial market research, asset management studies, and policy analysis. It publishes a comprehensive suite of categorized research reports in Japanese and English, covering Japan, the US, Europe, Asia, and emerging economies, with topics spanning economic trends, indicators, forecasts, financial markets, asset formation, life design, and business environment analysis.

Product overview

Dai-ichi Life Research Institute operates as a research institute that publishes economic research reports. The product offering consists of a comprehensive suite of economic research publications organized by category, including: Economic Analysis Reports (covering Japan, US, Europe, Asia, emerging markets), Economic Indicators Reports, Economic Outlook Reports, Financial Markets Reports, Asset Management Reports, DLRI Reports (monthly publications covering economic and financial topics), 1-Minute Trend Explanations (concise explanatory content on trending keywords), Life Design Reports, and Business Environment Reports. These publications are categorized by research themes such as macroeconomics, financial markets, asset management, asset formation, AI/Technology, and real estate/REIT. The institute also provides English-language reports.

Differentiator

Problem solved

Functional benefit

Products and services

• Economic Analysis Reports (経済分析レポート)

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core, flagship and minor.

• National University Corporation Tokyo University (東京大学)coreStrategic or Co-development Partner · 9 July 2025Joint research partnership announced between Dai-ichi Life Holdings and Tokyo University for collaborative research projects. This represents a strategic academic partnership combining the institute's economic research capabilities with Tokyo University's academic resources.
• Dai-ichi Life Holdings / First Life Group (第一生命グループ)flagshipOthers · 3 July 2025The institute operates as part of the Dai-ichi Life Group (First Life Group), providing in-house economic research and analysis to support group operations and thought leadership. The group includes Dai-ichi Life Insurance and related financial services companies.
• Timee Spotwork Research Institute (タイミー・スポットワーク研究所)minorStrategic or Co-development Partner · 23 January 2024Hoshino Takuya, Chief Economist, serves as a visiting researcher at the Timee Spotwork Research Institute, contributing to quarterly reports on the spotwork market. This represents a cross-industry research collaboration on labor market dynamics.

Scale indicators3 records

Recent moves8 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dai-ichi Life Research Institute