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Lifenet Insurance Company (7157) · TargetSoftened

¥13.5 billion in ordinary revenue and a return to profitability in fiscal 2018

First written in FY2016. 2 of 5 entries say "Softened", first in FY2018. Latest entry: FY2022.

5entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017SoftenedFY2018OtherFY20192016: 120162017: 120172018: 120182019: 120192020: 020202021: 020212022: 12022
Same theme, other companies
Mandatory Target for Achieving Profitability in a Single Fiscal YearA theme 16 companies write about · 2 as a headwind · 14 as a tailwind

Lifenet Insurance Company moved to the "Worse" side of this theme in 2022.

The whole theme swung hardest in 2026: 2 of 8 companies on the "Worse" side.

1 other company's latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 16 companies compared. The sentences above are computed from all 16.
Full recordFilings, disclosures and news, newest first
  1. FY2022SoftenedAnnual report

    「In light of the business environment and management policy, the company plans to defer achieving ordinary profitability under statutory accounting from the mid-2020s, as it accelerates growth investment.」

    In relation to the previous ordinary profitability target, the company indicated that prioritizing growth investment would result in a forecast delay in achieving statutory-accounting profitability until after the mid-2020s.
  2. FY2019Failure to achieve the ordinary revenue and profitability targets confirmedAnnual report

    「However, the medium-term plan targets of ordinary revenue of ¥13.5 billion and ordinary profitability were not achieved because the company was unable to make sufficient use of the direct internet sales channel, the channel using KDDI Corporation as an agency, and the agency channel to the extent initially expected.」

    The company explicitly reported in its FY2018 results that both the ordinary revenue target of ¥13.5 billion and the ordinary profitability target were missed, following the previous year's expectation that they would be missed.
  3. FY2018SoftenedAnnual report

    「However, in addition to the efficiency of acquiring new business through the direct internet sales channel not improving as initially expected, the company has not been able to make sufficient use of the KDDI and agency channels compared with its initial assumptions. As a result, ordinary revenue of ¥13.5 billion, set as the FY2018 management target, is expected to fall short. For FY2018, the company has disclosed a forecast of ordinary revenue of ¥12 billion.」

    The FY2018 ordinary revenue target of ¥13.5 billion is expected to be missed, and the earnings forecast was lowered to ¥12 billion. This quotation does not explicitly indicate a change to the target of achieving ordinary profitability.
  4. FY2017RestatedAnnual report

    「The company set a target of ordinary revenue of ¥13.5 billion and achieving ordinary profitability in FY2018.」

    The company has maintained the medium-term plan targets of ordinary revenue of ¥13.5 billion and a return to ordinary profitability in FY2018.
  5. FY2016First statedAnnual report

    「FY2018 management targets: ordinary revenue of ¥13.5 billion and a return to ordinary profitability」

    The new medium-term plan sets ordinary revenue and a return to ordinary profitability in FY2018 as management targets.
Moved together

"Changes to Insurance and Solvency Regulations" moved the same way as this thread, in the same document, in 2 of its 5 moves.

222★123
  1. ★This thread
  2. 1Changes to Insurance and Solvency Regulations2×
  3. 2Concentrated Spending on Operating Expenses and Declining Acquisition Efficiency2×
  4. 3Slowing Growth and Intensifying Competition in the Online Life Insurance Market2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Lifenet Insurance Company yet.
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¥13.5 billion in ordinary revenue and a return to profitability in fiscal 2018 | LIFENET INSURANCE COMPANY (7157) | Komori