Worth reading
65In 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
-1120
¥ million (year-on-year change in insurance service result)Wording
Conditional
How definitive the wording is.Contents of this document
Results presentationFY2026 second quarter7 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Ordinary income¥5,289 million -16.0%profit before tax
Net income3,760 Millions of yen -16.0%profit for the interim period attributable to owners of the parent
Results for the three months of the current quarter
Insurance service result
¥2,863 million
Profit before tax for the quarter
¥2,985 million
Quarterly profit attributable to owners of the parent
¥2,123 million
Full-year earnings forecast
Annualized premiums from in-force policies
¥41,300 million
Insurance revenue
¥37,500 million
Insurance service result
¥11,200 million
Profit for the year attributable to owners of the parent
¥8,200 million
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 result44.4%
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-316
Risk adjustment release26
CSM release289
Reinsurance result697
Other-67
Group credit life insurance result-1,749
New initiatives
- Improving operational efficiency and productivity through the use of AI agents
- Collaboration with Japan Airlines and development of products for JMB members
- Preparations to enter the small-amount, short-term insurance business and the planned conversion of 株式会社きずな少額短期保険 into a subsidiary
- Group credit life insurance collaboration with Kyoto Shinkin Bank
- Introduction of a multipayment system
- Issuance of an Integrated Report
Key KPIsA metric the company considers important as a management benchmark.
- Comprehensive capital¥176,816 millionYear on year against the same period last year100.7%
- Annualized premiums from in-force policies¥38,283 millionCompared with the end of the year-earlier period106.9%
- Insurance service result¥4,968 millionYear on year against the same period last year81.6%
- Internal ESR396 %
- Policies in force709,286 Deals
- Number of policyholders440,745 People
Unit price and quantity metricsThese figures show sales broken down by price and volume.
Annualized premiums from new business¥759 million
Number of new policies¥19,635 million
DealsDeals
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%
Financial targets
Share price¥3,000 or higher
Growth rate of comprehensive capital per shareApproximately 10%
Market Size / Share
People with no intention of subscribing to online life insurance18.4%
People who wish to subscribe via the internet in future5.1%
Generative AI usage rate when considering life insurance43%
| Item | Details |
|---|---|
| Document type | Results presentation |
| Fiscal Period Covered | FY2026 second quarter |
| Ordinary income | ¥5,289 million (profit before tax) (YoY -16.0%) |
| Net income | 3,760 Millions of yen (profit for the interim period attributable to owners of the parent) (YoY -16.0%) |
| Results for the three months of the current quarter | Insurance service result ¥2,863 million / Profit before tax for the quarter ¥2,985 million / Quarterly profit attributable to owners of the parent ¥2,123 million |
| Full-year earnings forecast | Annualized premiums from in-force policies ¥41,300 million / Insurance revenue ¥37,500 million / Insurance service result ¥11,200 million / Profit for the year attributable to owners of the parent ¥8,200 million |
| Progress against full-year forecast | Insurance service result 44.4% |
| Breakdown of Factors Affecting the Change | Expected claims and other payments − incurred claims and other payments -316 / Risk adjustment release 26 / CSM release 289 / Reinsurance result 697 / Other -67 / Group credit life insurance result -1,749 |
| Key KPIs | Indicator name Comprehensive capital / Value ¥176,816 million / Year on year against the same period last year 100.7%, Indicator name Annualized premiums from in-force policies / Value ¥38,283 million / Compared with the end of the year-earlier period 106.9%, Indicator name Insurance service result / Value ¥4,968 million / Year on year against the same period last year 81.6%, Indicator name Internal ESR / Value 396 % / Year on year against the same period last year Not disclosed, Indicator name Policies in force / Value 709,286 Deals / Year on year against the same period last year Not disclosed, Indicator name Number of policyholders / Value 440,745 People / Year on year against the same period last year Not disclosed |
| Unit price and quantity metrics | Annualized premiums from new business ¥759 million / Number of new policies ¥19,635 million / Deals Deals |
| 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% |
| Financial targets | Share price ¥3,000 or higher / Growth rate of comprehensive capital per share Approximately 10% / Internal ESR Not disclosed |
| Market Size / Share | People with no intention of subscribing to online life insurance 18.4% / People who wish to subscribe via the internet in future 5.1% / Generative AI usage rate when considering life insurance 43% |
| New initiatives | Improving operational efficiency and productivity through the use of AI agents, Collaboration with Japan Airlines and development of products for JMB members, Preparations to enter the small-amount, short-term insurance business and the planned conversion of 株式会社きずな少額短期保険 into a subsidiary, Group credit life insurance collaboration with Kyoto Shinkin Bank, Introduction of a multipayment system, Issuance of an Integrated Report |
Items this document does not state (17)
Net SalesOperating profitGross Profit MarginOperating profit marginSelling, general and administrative expensesSelf-assessment against the planSegment resultsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey 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.The decline in insurance service result was mainly due to higher insurance claims and other payments under group credit life insurance. Financial results increased due to higher interest income resulting from additional purchases of corporate bonds, among other factors.
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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