Increase in operating expenses and insurance claim payments accompanying the expansion of insurance contracts
First written in FY2020-Q1. 11 of 13 entries say "Restated". Latest entry: FY2024-Q3.
No other company in this theme has enough history to compare yet.
- FY2024-Q3DroppedAnnual report
「In the first quarter of the current consolidated fiscal year, following the sale of the shares of アイペットホールディングス株式会社 in the previous consolidated fiscal year, the Pet Lifestyle segment was discontinued, leaving 2 reportable segments: Business Produce and Venture Investment.」
Following the sale of shares in IPET Holdings and the discontinuation of the Pet Lifestyle segment, the theme of higher business expenses and claims payments accompanying the expansion of insurance contracts is no longer tracked under the company’s current consolidated segments. - FY2023-Q3RestatedAnnual report
「In terms of expenses, various commissions and collection expenses and business expenses related to acquiring new contracts increased as insurance contracts expanded, as did net claims paid and loss adjustment expenses.」
The company continues to report increases in contract-related expenses, claims payments, and loss adjustment expenses accompanying the expansion of insurance contracts. - FY2023-Q2RestatedAnnual report
「In terms of expenses, various commissions and collection expenses and business expenses related to acquiring new contracts increased as insurance contracts expanded, as did net claims paid and loss adjustment expenses.」
The company continues to report increases in contract-related expenses, claims payments, and loss adjustment expenses accompanying the expansion of insurance contracts. - FY2023-Q1RestatedAnnual report
「In terms of expenses, various commissions and collection expenses increased as insurance contracts expanded, as did net claims paid and loss adjustment expenses.」
The company continues to report increases in contract-related expenses, claims payments, and loss adjustment expenses accompanying the expansion of insurance contracts. - FY2022-Q3RestatedAnnual report
「In terms of expenses, various commissions and collection expenses and business expenses related to acquiring new contracts increased as insurance contracts expanded, as did net claims paid and loss adjustment expenses due to the higher frequency of insurance claims.」
Increases in contract acquisition costs accompanying the expansion of insurance contracts and in claims payments and loss adjustment expenses accompanying the higher frequency of insurance claims continue. - FY2022-Q2RestatedAnnual report
「In terms of expenses, various commissions and collection expenses and business expenses related to acquiring new contracts increased as insurance contracts expanded, as did net claims paid and loss adjustment expenses due to the higher frequency of insurance claims.」
The company continues to report increases in contract acquisition costs accompanying the expansion of insurance contracts and in claims payments and loss adjustment expenses accompanying the higher frequency of insurance claims. - FY2022-Q1RestatedAnnual report
「In terms of expenses, various commissions and collection expenses and business expenses related to acquiring new contracts increased as insurance contracts expanded, as did net claims paid and loss adjustment expenses due to the higher frequency of insurance claims.」
The company continues to report increases in contract acquisition costs accompanying the expansion of insurance contracts and in claims payments and loss adjustment expenses accompanying the higher frequency of insurance claims. - FY2021-Q3RestatedAnnual report
「In terms of expenses, various commissions and collection expenses and business expenses related to acquiring new contracts increased as insurance contracts expanded, as did net claims paid and loss adjustment expenses due to the increase in insurance claims.」
The company continues to report increases in commissions, new contract acquisition costs, claims payments, and loss adjustment expenses accompanying the expansion of insurance contracts. - FY2021-Q2RestatedAnnual report
「In terms of expenses, various commissions and collection expenses and business expenses related to acquiring new contracts increased as insurance contracts expanded, as did net claims paid and loss adjustment expenses due to the increase in insurance claims.」
The company continues to report increases in commissions, new contract acquisition costs, claims payments, and loss adjustment expenses accompanying the expansion of insurance contracts. - FY2021-Q1RestatedAnnual report
「In terms of expenses, various commissions and collection expenses and business expenses related to acquiring new contracts increased as insurance contracts expanded, as did net claims paid and loss adjustment expenses due to the increase in insurance claims.」
The company continues to report increases in commissions, new contract acquisition costs, claims payments, and loss adjustment expenses accompanying the expansion of insurance contracts. - FY2020-Q3RestatedAnnual report
「As insurance contracts expanded, various commissions and collection expenses and business expenses related to acquiring new contracts increased, as did net claims paid and loss adjustment expenses due to the increase in insurance claims. Revenue also expanded, and the company continued to grow steadily.」
The company continues to report increases in commissions, new contract acquisition costs, claims payments, and loss adjustment expenses accompanying the expansion of insurance contracts. - FY2020-Q2RestatedAnnual report
「As insurance contracts expanded, various commissions and collection expenses and business expenses related to acquiring new contracts increased, as did net claims paid and loss adjustment expenses due to the increase in insurance claims. Revenue also expanded, and the company continued to grow steadily.」
The company continues to report increases in commissions, new contract acquisition costs, claims payments, and loss adjustment expenses accompanying the expansion of insurance contracts. - FY2020-Q1First statedAnnual report
「Various commissions and collection expenses, business expenses related to acquiring new contracts, net claims paid, and loss adjustment expenses all increased as insurance contracts expanded and the number of insurance claims rose.」
The company reports increases in commissions, collection expenses, new contract acquisition costs, net claims paid, and loss adjustment expenses accompanying the expansion of insurance contracts and the increase in claims. Against this backdrop, the insurance segment moved from a profit of ¥84 million in the same period of the previous year to a loss of ¥17 million.