Intensifying competition among companies in claims handling for ancillary overseas travel insurance services
First written in FY2017-Q2. 1 of 4 entries say "Restated". Latest entry: FY2018.
0 other companies' latest entry also says "Dropped".
- FY2018DroppedAnnual report
「Revenue from services bundled with overseas travel insurance increased year on year amid favourable conditions created by the increase in the number of people travelling overseas.」
The inter-company competition in billing services, which was identified in the previous fiscal year as a factor behind sluggish sales, is not explicitly mentioned in the explanation of business performance for the current fiscal year. - FY2017MitigatedAnnual report
「Revenue from ancillary overseas travel insurance services failed to grow in the first half due to competition among companies handling claims and sluggish sales in Europe affected by terrorism and other factors. In the second half, however, revenue turned positive year on year, showing signs of bottoming out.」
Although intensifying competition in claims handling and sluggish European revenue due to terrorism and other factors affected the first half, the impact eased as revenue turned positive year on year in the second half. - FY2017-Q3RestatedAnnual report
「However, for overseas travel insurance ancillary services, revenue failed to grow as expected in the second quarter as competition among companies in claims handling remained intense and revenue in Europe remained sluggish due to terrorism and other factors.」
Intense competition among companies in claims handling and sluggish European revenue due to terrorism and other factors continued from the second quarter as factors behind performance falling short of expectations. - FY2017-Q2First statedAnnual report
「Competition among companies in claims handling for overseas travel insurance ancillary services was intense, while revenue in Europe remained sluggish due to the impact of terrorism and other factors. As a result, revenue failed to grow as expected, and revenue for the cumulative second quarter of the current consolidated fiscal year was ¥1,279 million, down 4.1% year on year.」
The company states that intensifying competition among companies in claims handling for overseas travel insurance ancillary services was reflected in actual performance as a factor behind revenue falling short of expectations.