Worth reading
62In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
-840
million yenWording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Earnings presentationFirst quarter of fiscal 20267 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales9,030 million yen
Ordinary income2,303 million yen
Net income1,637 million yen
Results for the three months of the current quarter
Insurance revenue
9,030 million yen
Insurance service result
2,104 million yen
Income before taxes
2,303 million yen
Quarterly profit attributable to owners of the parent
1,637 million yen
Full-year earnings forecast
Annualized premiums from in-force policies
41,300 million yen
Insurance revenue
37,500 million yen
Insurance service result
11,200 million yen
Profit for the period attributable to owners of the parent
8,200 million yen
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Insurance service result18.8%
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Expected claims and other payments − incurred claims and other payments-337
Risk adjustment release14
CSM release157
Reinsurance result438
Other-33
Group credit life insurance result-1,080
New initiatives
- Holding meetings of the Product Review and Partnership Promotion Committee under the capital and business alliance with Japan Airlines
- Promoting the introduction of AI agents
- Launching a group credit life insurance business with Kyoto Shinkin Bank
- Publishing Integrated Report 2026
- Creating new insurance experiences through integration with the My Number Portal
Key KPIsA metric the company considers important as a management benchmark.
- Comprehensive capital174,854 million yenYear on year against the same period last year102.6% of the amount at the end of the same period of the previous year
- Annualized premiums from in-force policies37,810 million yenYear on year against the same period last year107.4% of the amount at the end of the same period of the previous year
- Insurance service result2,104 million yenYear on year against the same period last year71.5% year on year
- Internal ESR402 %
- Number of in-force policies698,946 Engagements
- Number of policyholders435,245 people
- Lapse rate5.2 %
Unit price and quantity metricsThese figures show sales broken down by price and volume.
- Annualized premiums from new business844 million yen
- Number of new policies22,244 Engagements
- Insurance acquisition cash flow per new policy¥12.3 10,000
Medium-term management plan targets
Target fiscal yearFY2028
Comprehensive capital¥200 billion–¥240 billion
Share price¥3,000 or higher
Growth rate of comprehensive capital per shareApproximately 10%
Comparison with actual resultsComprehensive capital of ¥174.854 billion at the end of June 2026
Financial targets
Medium-term target
Share price¥3,000 or higher
Growth rate of comprehensive capital per shareApproximately 10%
Actual results
Comprehensive capital174,854 million yen
Risk amount incorporated into the outlookThe amount representing the range of variation the company expects in its forecast.
1,000 million yen
DetailsUpside in insurance claims and other benefit payments
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | First quarter of fiscal 2026 |
| Net Sales | 9,030 million yen |
| Ordinary income | 2,303 million yen |
| Net income | 1,637 million yen |
| Results for the three months of the current quarter | Insurance revenue 9,030 million yen / Insurance service result 2,104 million yen / Income before taxes 2,303 million yen / Quarterly profit attributable to owners of the parent 1,637 million yen |
| Full-year earnings forecast | Annualized premiums from in-force policies 41,300 million yen / Insurance revenue 37,500 million yen / Insurance service result 11,200 million yen / Profit for the period attributable to owners of the parent 8,200 million yen |
| Progress against full-year forecast | Insurance service result 18.8% |
| Breakdown of Factors Affecting the Change | Expected claims and other payments − incurred claims and other payments -337 / Risk adjustment release 14 / CSM release 157 / Reinsurance result 438 / Other -33 / Group credit life insurance result -1,080 |
| Key KPIs | Indicator name Comprehensive capital / Value 174,854 million yen / Year on year against the same period last year 102.6% of the amount at the end of the same period of the previous year, Indicator name Annualized premiums from in-force policies / Value 37,810 million yen / Year on year against the same period last year 107.4% of the amount at the end of the same period of the previous year, Indicator name Insurance service result / Value 2,104 million yen / Year on year against the same period last year 71.5% year on year, Indicator name Internal ESR / Value 402 % / Year on year against the same period last year Not disclosed, Indicator name Number of in-force policies / Value 698,946 Engagements / Year on year against the same period last year Not disclosed, Indicator name Number of policyholders / Value 435,245 people / Year on year against the same period last year Not disclosed, Indicator name Lapse rate / Value 5.2 % / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Indicator name Annualized premiums from new business / Value 844 million yen, Indicator name Number of new policies / Value 22,244 Engagements, Indicator name Insurance acquisition cash flow per new policy / Value ¥12.3 10,000 |
| Risk amount incorporated into the outlook | 1,000 million yen |
| Medium-term management plan targets | Target fiscal year FY2028 / Comprehensive capital ¥200 billion–¥240 billion / Share price ¥3,000 or higher / Growth rate of comprehensive capital per share Approximately 10% / Comparison with actual results Comprehensive capital of ¥174.854 billion at the end of June 2026 |
| Financial targets | Medium-term target Share price ¥3,000 or higher / Growth rate of comprehensive capital per share Approximately 10% / Actual results Comprehensive capital 174,854 million yen |
| New initiatives | Holding meetings of the Product Review and Partnership Promotion Committee under the capital and business alliance with Japan Airlines, Promoting the introduction of AI agents, Launching a group credit life insurance business with Kyoto Shinkin Bank, Publishing Integrated Report 2026, Creating new insurance experiences through integration with the My Number Portal |
Items this document does not state (16)
Operating profitGross Profit MarginOperating profit marginSelling, general and administrative expensesSelf-assessment against the planSegment resultsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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.Because insurance claims and other benefit payments increased for individual insurance and group credit life insurance. The company explained that although CSM release and the reinsurance result improved, deterioration in the group credit life insurance result and other factors weighed on the insurance service result.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.