Announced details
Finance, education, life events, insurance, housing, end-of-life planning and careers
Revenue: ¥257 million (up 21.4% quarter on quarter); operating profit: ¥55 million (up 65.4% quarter on quarter); financial services revenue mix: over 60%; ARPU: up 25% quarter on quarter; first-half operating profit progress rate: approximately 36%
The KPI for initiatives with Sumitomo Life Insurance Company reached a record high.
The company has a partnership and collaboration relationship with Sumitomo Life Insurance Company. 株式会社FPO is the target of the subsidiary acquisition, and the company explained that it will integrate the two companies' solicitation qualifications, customer bases and expertise.
The company achieved substantial earnings growth in the second quarter. It plans to improve profitability across the Group by making 株式会社FPO a subsidiary.
The company does not address Contract Value / Offering price.
| Item | Details |
|---|---|
| Counterparty | Sumitomo Life Insurance Company, 株式会社FPO |
| Relationship with the Company | The company has a partnership and collaboration relationship with Sumitomo Life Insurance Company. 株式会社FPO is the target of the subsidiary acquisition, and the company explained that it will integrate the two companies' solicitation qualifications, customer bases and expertise. |
| Applicable area | Finance, education, life events, insurance, housing, end-of-life planning and careers |
| Quantitative Effects | Revenue: ¥257 million (up 21.4% quarter on quarter); operating profit: ¥55 million (up 65.4% quarter on quarter); financial services revenue mix: over 60%; ARPU: up 25% quarter on quarter; first-half operating profit progress rate: approximately 36% |
| Usage history | The KPI for initiatives with Sumitomo Life Insurance Company reached a record high. |
| Impact on Business Performance | The company achieved substantial earnings growth in the second quarter. It plans to improve profitability across the Group by making 株式会社FPO a subsidiary. |
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