---
schema_version: "secwatch.filing_event.v1"
accession: "0000004977-23-000011"
form_type: "8-K"
ticker: "AFL"
cik: "0000004977"
company_name: "AFLAC INC"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T04:18:13.705039+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Aflac Q4 net earnings $185M on FX losses; adjusted EPS up 0.8%; dividend raised 5%

## Summary
- Net earnings $185M ($0.30 diluted) vs $1.0B ($1.57) YoY; includes $521M net investment losses driven by FX.
- Adjusted earnings $806M, adjusted EPS $1.29 (+0.8%); revenue $4.0B vs $5.4B due to yen weakness.
- Aflac Japan Q4 sales +11.4% to ¥16.2B; U.S. sales +17.4% to $545M.
- Board declares Q1 dividend $0.42/share, +5% from $0.40; 40th consecutive annual increase.
- Share repurchases $600M in Q4, $2.4B full year; $116.6M remaining authorization.

## SEC filing metadata
- accession: 0000004977-23-000011
- form_type: 8-K
- ticker: AFL
- cik: 0000004977
- company_name: AFLAC INC
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4977/000000497723000011/0000004977-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4977/000000497723000011/afl-20230201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004977-23-000011
- JSON: https://secwatch.observer/filing/0000004977-23-000011.json
- Plain text: https://secwatch.observer/filing/0000004977-23-000011.txt

## Key facts
- Earnings Releases
  AFLAC INC reported the fourth quarter of 2022 results: revenue $4.0 billion, net income $185 million, EPS $0.30 per diluted share.
  - Period: the fourth quarter of 2022
  - Revenue: $4.0 billion
  - Net income: $185 million
  - EPS: $0.30 per diluted share
  - Result: reported results
  source text: Total revenues were $4.0 billion in the fourth quarter of 2022, compared with $5.4 billion in the fourth quarter of 2021. Net earnings were $185 million, or $0.30 per diluted share, compared with $1.0 billion, or $1.57 per diluted share a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/4977/000000497723000011/0000004977-23-000011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.