Komori
Other Disclosures4419Finatext Holdings Ltd.Information and Communications, Services and Others

Smart Plus SSI's “Ticket Cancellation Insurance” adopted by 「カンフェティ」, a ticket sales website operated by ロングランプランニング

“Ticket Cancellation Insurance” offered by スマートプラス少額短期保険 has been adopted by Confetti, the ticket sales site operated by ロングランプランニング. Confetti users can receive coverage for the ticket price if they cancel eligible tickets for certain reasons, such as illness or injury.

Worth reading
64In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
100
Coverage rate (%) applied to the ticket price
Wording
Conditional
How definitive the wording is.

Announced details

Ticket Cancellation InsuranceConfetti Ticket Cancellation InsuranceConfetti ticket sales site
Applicable field (uses covered by this announcement)
SettingTheaterMusicalsClassical musicDanceLive performancesYose
What the company reported numerically
Quantitative Effects

Coverage of 100% of the ticket price

Usage history

Confetti’s 1.5 million members; it is unclear whether this represents a cumulative total or a point-in-time figure

Relationship between the counterparty and the company
Finatext Holdings Ltd.4419
Relationship with the Company

The insurance product offered by スマートプラス少額短期保険 has been adopted by Confetti, the ticket sales site operated by ロングランプランニング. No capital or personal relationship is disclosed.

Counterpartyロングランプランニング株式会社

Head office: Shinjuku-ku, Tokyo. Representative Director: Kurematsu Daigo (榑松大剛). Operates Confetti, a ticket sales site offering more than 1,000 performance tickets at any given time, primarily in the theater and arts fields.

Location (as indicated in this announcement)

More than 1,000 performance tickets and 1.5 million members at any given time

Impact on Business Performance

The impact of this matter on financial results is expected to be minor.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredTicket Cancellation Insurance, Confetti Ticket Cancellation Insurance, Confetti ticket sales site
Counterpartyロングランプランニング株式会社
Counterparty overviewHead office: Shinjuku-ku, Tokyo. Representative Director: Kurematsu Daigo (榑松大剛). Operates Confetti, a ticket sales site offering more than 1,000 performance tickets at any given time, primarily in the theater and arts fields.
Relationship with the CompanyThe insurance product offered by スマートプラス少額短期保険 has been adopted by Confetti, the ticket sales site operated by ロングランプランニング. No capital or personal relationship is disclosed.
Applicable areaSetting, Theater, Musicals, Classical music, Dance, Live performances, Yose
Location scaleMore than 1,000 performance tickets and 1.5 million members at any given time
Quantitative EffectsCoverage of 100% of the ticket price
Usage historyConfetti’s 1.5 million members; it is unclear whether this represents a cumulative total or a point-in-time figure
Impact on Business PerformanceThe impact of this matter on financial results is expected to be minor.
Items this document does not state (9)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocationSource

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To provide insurance that can be applied flexibly in line with the diversification of performances and changing user needs. In addition, as ticket prices rise, the psychological and financial burden of purchased tickets going unused has increased, heightening the importance of coverage services.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Smart Plus SSI's “Ticket Cancellation Insurance” adopted by 「カンフェティ」, a ticket sales website operated by ロングランプランニング | Finatext Holdings Ltd. (4419) timely disclosure | Komori