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More on Aflac (AFL): Operating earnings rose 3.9% Y/Y, 3.2% if taking out the effect of the...

More on Aflac (AFL): Operating earnings rose 3.9% Y/Y, 3.2% if taking out the effect of the stronger yen. Aflac Japan revenue +9.2%, U.S. revenue +5.2%. Annualized ROE of 13.9%. The company guides towards the lower end of 2012 EPS of $6.45-6.52, thanks to the continued low level of investment yields. Shares -1.7% AH. (PR)

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