FPG Insurance Services launches its insurance agency business
First written in FY2018-Q3. 4 of 14 entries say "Advanced", first in FY2018. Latest entry: FY2024.
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- FY2024DroppedAnnual report
「The insurance business operated by FPG Corporation was discontinued during the consolidated fiscal year under review as a result of a review of the Company's business strategy.」
After discontinuing its insurance brokerage operations and consolidating the business into the parent company's insurance agency operations, the insurance business itself was discontinued during the fiscal year ending September 2024. - FY2022AdvancedAnnual report
「Insurance business revenue was ¥448 million, up 22.4% from the previous fiscal year.」
Insurance business revenue increased 22.4% year on year, indicating continued recovery after the insurance business was consolidated. - FY2022-Q2AdvancedAnnual report
「Insurance business revenue was ¥246 million, up 64.7% year on year.」
Insurance business revenue was ¥246 million, up 64.7% year on year, indicating continued recovery following the restructuring of the insurance business. - FY2022-Q1AdvancedAnnual report
「Insurance business revenue was ¥86 million, up 52.9% year on year.」
Insurance business revenue increased 52.9% year on year, indicating a recovery in quarterly performance following the restructuring of the insurance business. - FY2021-Q3ReframedAnnual report
「The Company discontinued its insurance brokerage operations, commenced new insurance agency operations within the Company in January 2021, and decided to consolidate the Group's insurance business into the Company's insurance agency operations. In connection with this, FPG Insurance Services Co., Ltd., in the FPG Insurance Services segment, was excluded from the scope of consolidation at the end of the third quarter consolidated accounting period under review because its significance had declined.」
As a result of restructuring the business by discontinuing the insurance brokerage operations and consolidating the business into the parent company's insurance agency operations, FPG Insurance Services was excluded from the scope of consolidation due to its reduced significance. - FY2021-Q2RestatedAnnual report
「During the nine-month period of the first quarter of the consolidated fiscal year under review, in view of the suspension of sales of certain corporate life insurance products, the main products of the insurance business, due to the tax reform in fiscal 2019, among other factors, the Group determined that it was necessary to streamline its insurance business. It therefore discontinued its insurance brokerage operations, commenced new insurance agency operations within the Company in January 2021, and decided to consolidate the Group's insurance business into the Company's insurance agency operations.」
Against the backdrop of the suspension of sales of certain corporate life insurance products, the Company continues to state its policy of discontinuing its insurance brokerage operations and consolidating the business into the parent company's insurance agency operations from January 2021. - FY2021-Q1ReframedAnnual report
「In view of the suspension of sales of certain corporate life insurance products, the main products of the insurance business, due to the tax reform in fiscal 2019, among other factors, the Group determined that it was necessary to streamline its insurance business. It therefore discontinued its insurance brokerage operations, commenced new insurance agency operations within the Company in January 2021, and decided to consolidate the Group's insurance business into the Company's insurance agency operations.」
The Company discontinued its insurance brokerage operations and reorganized its business operations to consolidate the insurance business into the parent company's insurance agency operations from January 2021. - FY2020WorsenedAnnual report
「Insurance business revenue was ¥325 million, down 64.4% from the previous fiscal year.」
Full-year revenue from the insurance business, including insurance agencies and brokers, declined 64.4% from the previous fiscal year. - FY2020-Q3WorsenedAnnual report
「In addition, insurance business revenue was ¥234 million, down 71.5% year on year.」
Cumulative nine-month revenue from the insurance business of FPG Insurance Services declined 71.5% year on year, with the downward trend in revenue from the previous fiscal year widening. - FY2020-Q2WorsenedAnnual report
「In addition, insurance business revenue was ¥177 million, down 76.8% year on year.」
Insurance business revenue declined 76.8% year on year, due in part to the impact of the suspension of sales of certain corporate life insurance products. - FY2020-Q1WorsenedAnnual report
「Insurance business revenue was ¥98 million, down 69.0% year on year.」
First-quarter revenue from the insurance business declined 69.0% year on year. - FY2019-Q3Impact of the Suspension of Sales of Certain Corporate Life Insurance ProductsAnnual report
「Insurance business revenue was ¥821 million, up 1.4% year on year, despite the impact of the suspension of sales of certain corporate life insurance products from March onward.」
The suspension of sales of certain corporate life insurance products from March onward was identified as an impact, but cumulative nine-month revenue from the insurance business increased 1.4% year on year. - FY2018AdvancedAnnual report
「During the consolidated fiscal year under review, FPG Insurance Services Co., Ltd. became a consolidated subsidiary, and from that fiscal year, FPG Insurance Services has been classified as a business segment.」
The insurance agency business of FPG Insurance Services was positioned as a consolidated subsidiary and an independent business segment for the full year. - FY2018-Q3First statedAnnual report
「During the nine-month period of the third quarter of the consolidated fiscal year under review, the Group made FPG Insurance Services Co., Ltd. a consolidated subsidiary and commenced insurance agency operations through the company. Accordingly, FPG Insurance Services was established as a new business segment.」
FPG Insurance Services became a consolidated subsidiary and commenced insurance agency operations. Accordingly, FPG Insurance Services has been disclosed as a new business segment.