From a Turnaround in New Business Performance to a Sustainable Earnings Structure
First written in FY2016. 35 of 46 entries say "Advanced", first in FY2017-Q1. Latest entry: 2026-10-09.
The whole theme swung hardest in 2019: 1 of 6 companies on the "Worse" side.
4 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The number of in-force policies was 686,237, or 107.7% of the balance at the end of the previous consolidated fiscal year. Annualized premiums from new business for the consolidated fiscal year were ¥3,384 million, or 116.1% of the prior-year level, and the number of new policies was 86,990, or 118.7%. The lapse and surrender rate was 5.5%, compared with 5.7% in the previous consolidated fiscal year.」
New individual life insurance business and in-force policies exceeded the previous year's levels, and the lapse rate also declined. The figures indicate quantitative progress toward a recovery and sustainable growth in new business performance. - FY2026-H1AdvancedAnnual report
「The number of in-force policies was 659,078, or 103.4% of the previous consolidated fiscal year-end level. Annualized premiums from new business for the interim consolidated accounting period amounted to ¥1,599 million, or 112.3% of the year-earlier level, and the number of new policies was 40,441, or 112.9% of the year-earlier level. The lapse rate for the interim consolidated accounting period was 5.5% (5.8% in the same period of the previous year).」
The number of in-force individual life insurance policies increased to 659,078, and annualized premiums and the number of new policies also exceeded the year-earlier levels. The lapse rate declined from 5.8% in the same period of the previous year to 5.5%, indicating tangible progress in new business performance and policy retention. - FY2025AdvancedAnnual report
「The number of in-force policies was 637,417, or 106.1% of the previous consolidated fiscal year-end level. Annualized premiums from new business for the fiscal year amounted to ¥2,914 million, or 101.0% of the previous consolidated fiscal year level, and the number of new policies was 73,260, or 101.1% of the previous consolidated fiscal year level. The lapse rate for the fiscal year was 5.7% (6.5% in the previous consolidated fiscal year).」
The number of in-force individual life insurance policies increased to 637,417, and annualized premiums and the number of new policies also exceeded the previous year's levels. The lapse rate improved from 6.5% to 5.7%. - FY2025-H1AdvancedAnnual report
「At the end of the interim consolidated accounting period, combined annualized premiums from in-force individual life insurance and group credit life insurance amounted to ¥32,559 million, or 113.2% of the previous consolidated fiscal year-end level. Of this total, individual life insurance accounted for ¥26,104 million, or 102.7% of the previous consolidated fiscal year-end level, while group credit life insurance accounted for ¥6,455 million, or 194.1% of the previous consolidated fiscal year-end level, partly due to the impact of the premium-rate revision in July 2024. The following are the number of in-force individual life insurance policies, annualized premiums from new business, the number of new policies, and the lapse rate. The number of in-force policies was 618,039, or 102.8% of the previous consolidated fiscal year-end level. Annualized premiums from new business for the interim consolidated accounting period amounted to ¥1,423 million, or 102.6% of the year-earlier level, and the number of new policies was 35,808, or 103.8% of the year-earlier level. The lapse rate for the interim consolidated accounting period was 5.8% (6.7% in the same period of the previous year).」
The number of in-force policies increased to 618,039, and annualized premiums and the number of new policies also exceeded the year-earlier levels. The lapse rate declined from 6.7% in the same period of the previous year to 5.8%, indicating an improvement from the decline in new individual life insurance business that had continued through the previous fiscal year. - FY2024More than 600,000 in-force policies, expansion of group credit life insurance, and decline in individual new businessAnnual report
「The number of in-force policies surpassed 600,000 in March 2024, reaching 600,945, or 105.7% of the previous consolidated fiscal year-end level. Annualized premiums from new business for the fiscal year amounted to ¥2,883 million, or 73.6% of the previous consolidated fiscal year level, and the number of new policies was 72,434, or 73.5% of the previous consolidated fiscal year level.」
The number of in-force individual life insurance policies surpassed 600,000, while annualized premiums and the number of new individual life insurance policies fell below the previous year's levels. Annualized premiums from in-force policies, including group credit life insurance, amounted to ¥28,750 million, with group credit life insurance expanding to ¥3,326 million. - FY2024-Q3Increase in in-force group credit life insurance policies and continued decline in individual new businessAnnual report
「To expand new revenue opportunities, the Group began offering group credit life insurance in July 2023. At the end of the cumulative third quarter, combined annualized premiums from in-force individual life insurance and group credit life insurance amounted to ¥27,872 million, or 116.0% of the previous consolidated fiscal year-end level. Of this total, individual life insurance accounted for ¥24,995 million, or 104.0% of the previous consolidated fiscal year-end level, while group credit life insurance accounted for ¥2,877 million. The following are the number of in-force individual life insurance policies, annualized premiums from new business, the number of new policies, and the lapse rate. The number of in-force policies was 590,097, or 103.8% of the previous consolidated fiscal year-end level. Annualized premiums from new business for the cumulative third quarter amounted to ¥2,063 million, or 68.1% of the year-earlier level, and the number of new policies was 51,500, or 67.4% of the year-earlier level. The lapse rate for the cumulative third quarter was 6.5% (6.4% in the same period of the previous year).」
Annualized premiums from in-force policies, including group credit life insurance, increased to ¥27,872 million, with group credit life insurance alone reaching ¥2,877 million. Meanwhile, annualized premiums and the number of new individual life insurance policies fell below the year-earlier levels, and the lapse rate increased from the previous year. - FY2024-Q2Launch of group credit life insurance and decline in individual new businessAnnual report
「To expand new revenue opportunities, the Group began offering group credit life insurance in July 2023. At the end of the cumulative second quarter, combined annualized premiums from in-force individual life insurance and group credit life insurance amounted to ¥27,255 million, or 113.4% of the previous consolidated fiscal year-end level. Of this total, individual life insurance accounted for ¥24,685 million, or 102.7% of the previous consolidated fiscal year-end level, while group credit life insurance accounted for ¥2,570 million. …Annualized premiums from new business for the cumulative second quarter amounted to ¥1,387 million, or 65.9% of the year-earlier level, and the number of new policies was 34,507, or 64.1% of the year-earlier level. The lapse rate for the cumulative second quarter was 6.7% (6.3% in the same period of the previous year).」
The scope of annualized premiums from in-force policies expanded with the launch of group credit life insurance, which contributed ¥2,570 million. Meanwhile, annualized premiums and the number of new individual life insurance policies fell below the year-earlier levels, and the lapse rate increased from the previous year. - FY2024-Q1Decline in new business, increase in in-force policies, and rise in lapse rateAnnual report
「At the end of the cumulative first quarter, annualized premiums from in-force policies amounted to ¥24,408 million, or 101.6% of the previous consolidated fiscal year-end level, and the number of in-force policies was 576,852, or 101.4% of that level. Annualized premiums from new business for the cumulative first quarter amounted to ¥747 million, or 77.1% of the year-earlier level, and the number of new policies was 18,471, or 77.2% of the year-earlier level. The lapse rate for the cumulative first quarter was 6.8% (6.4% in the same period of the previous year).」
While in-force policies increased from the previous consolidated fiscal year-end, annualized premiums and the number of new policies fell below the year-earlier levels, and the lapse rate increased from 6.4% to 6.8%. - FY2023-Q3New business broadly flat, increase in in-force policies, and improvement in lapse rateAnnual report
「Annualized premiums from new business for the cumulative third quarter amounted to ¥3,030 million, or 97.5% of the year-earlier level, and the number of new policies was 76,404, or 100.2% of the year-earlier level. At the end of the third quarter, annualized premiums from in-force policies amounted to ¥23,528 million, or 109.4% of the previous fiscal year-end level, and the number of in-force policies was 556,942, or 109.8% of the previous fiscal year-end level. The lapse rate for the cumulative third quarter was 6.4% (6.6% in the same period of the previous year).」
Annualized premiums from new business fell below the year-earlier level, while the number of new policies was broadly in line with the previous year. Meanwhile, annualized premiums and the number of in-force policies increased from the previous fiscal year-end, and the lapse rate declined from 6.6% in the same period of the previous year to 6.4%. - FY2023-Q2New business broadly flat, increase in in-force policies, and improvement in lapse rateAnnual report
「Annualized premiums from new business for the cumulative second quarter amounted to ¥2,107 million, or 96.9% of the year-earlier level, and the number of new policies was 53,792, or 100.1% of the year-earlier level. …Annualized premiums from in-force policies amounted to ¥22,947 million, or 106.7% of the previous fiscal year-end level, and the number of in-force policies was 543,635, or 107.1% of the previous fiscal year-end level. The lapse rate for the cumulative second quarter was 6.3% (6.9% in the same period of the previous year).」
While annualized premiums from new business fell below the year-earlier level, the number of new policies was broadly in line with the previous year. Annualized premiums and the number of in-force policies increased from the previous fiscal year-end, and the lapse rate declined from the year-earlier level. - FY2023-Q1Decline in new business, increase in in-force policies, and improvement in lapse rateAnnual report
「Annualized premiums from new business for the cumulative first quarter amounted to ¥969 million, or 86.3% of the year-earlier level, and the number of new policies was 23,928, or 86.8% of the year-earlier level. At the end of the first quarter, annualized premiums from in-force policies amounted to ¥22,142 million, or 102.9% of the previous fiscal year-end level, and the number of in-force policies was 522,604, or 103.0% of the previous fiscal year-end level. The lapse rate for the cumulative first quarter was 6.4% (7.6% in the same period of the previous year).」
While annualized premiums and the number of new policies fell below the year-earlier levels, annualized premiums and the number of in-force policies increased from the previous fiscal year-end, and the lapse rate declined from 7.6% in the same period of the previous year to 6.4%. - FY2022AdvancedAnnual report
「The number of in-force policies surpassed 500,000 in February 2022, reaching 507,428, or 115.3% of the previous fiscal year-end level, while the number of policyholders reached 322,231.」
The number of in-force policies surpassed 500,000 in February 2022 and grew to 507,428. The number of new policies also reached a record high of 100,636. - FY2022RaisedAnnual report
「We will focus on the priority areas of innovating the customer experience and strengthening sales capabilities, with the aim of achieving double-digit percentage growth in in-force policy performance.」
For in-force policy performance, the company set out an explicit quantitative target of double-digit percentage growth, replacing its previous focus on achieving sustainable growth and establishing a profit base. - FY2022-Q3AdvancedAnnual report
「In the cumulative third quarter, annualized premiums from new business amounted to ¥3,107 million, or 100.5% of the year-earlier level, and the number of new policies was 76,226, or 103.5% of the year-earlier level. At the end of the third quarter, annualized premiums from in-force policies amounted to ¥20,862 million, or 111.5% of the previous fiscal year-end level, and the number of in-force policies was 491,611, or 111.7% of the previous fiscal year-end level. The lapse rate for the cumulative third quarter was 6.6% (5.6% in the same period of the previous year), including the impact of collectively recognizing as lapsed policies those policies whose premium payment grace periods had been extended as part of special measures related to COVID-19.」
Annualized premiums from new business were 100.5% of the year-earlier level, and the number of new policies was 103.5%. Annualized premiums and the number of in-force policies also increased from the previous fiscal year-end. The number of in-force policies reached 491,611, while the lapse rate increased from 5.6% in the same period of the previous year to 6.6%. - FY2022-Q2AdvancedAnnual report
「In the cumulative second quarter, annualized premiums from new business amounted to ¥2,174 million, or 100.7% of the year-earlier level, and the number of new policies was 53,720, or 104.3% of the year-earlier level, exceeding the same period of the previous year, when new business temporarily increased sharply due to the spread of COVID-19. At the end of the second quarter, annualized premiums from in-force policies amounted to ¥20,231 million, or 108.1% of the previous fiscal year-end level, and the number of in-force policies was 476,906, or 108.4% of the previous fiscal year-end level. The lapse rate for the cumulative second quarter was 6.9% (5.5% in the same period of the previous year), including the impact of collectively recognizing as lapsed policies those policies whose premium payment grace periods had been extended as part of special measures related to COVID-19.」
Despite a temporary increase in pandemic-related demand in the same period of the previous year, annualized premiums and the number of new policies exceeded the year-earlier levels. The number of in-force policies increased to 476,906, and the lapse rate declined from 7.6% in the previous quarter to 6.9%. - FY2022-Q1Growth in in-force policies and changes in new business and lapse ratesAnnual report
「As new business temporarily increased sharply in the same period of the previous year due to the spread of COVID-19, annualized premiums from new business for the cumulative first quarter amounted to ¥1,123 million, or 96.2% of the year-earlier level, and the number of new policies was 27,553, or 97.9% of the year-earlier level. At the end of the first quarter, annualized premiums from in-force policies amounted to ¥19,473 million, or 104.1% of the previous fiscal year-end level, and the number of in-force policies was 458,539, or 104.2% of the previous fiscal year-end level. The lapse rate for the cumulative first quarter was 7.6% (5.5% in the same period of the previous year), including the impact of collectively recognizing as lapsed policies those policies whose premium payment grace periods had been extended as part of special measures related to COVID-19.」
While annualized premiums and the number of in-force policies increased from the previous fiscal year-end, annualized premiums and the number of new policies fell below the year-earlier levels due to the反動 from a temporary increase in demand related to the pandemic in the same period of the previous year. The lapse rate increased from the year-earlier level, including the impact of the special measures. - FY2021-Q3AdvancedAnnual report
「For the cumulative third quarter, annualized premiums from new business were ¥3,093 million, or 127.0% year on year, and new policies were 73,669, or 127.9% year on year. At the end of the third-quarter accounting period, annualized premiums from policies in force were ¥17,922 million, or 115.5% of the previous fiscal year-end, and policies in force numbered 421,073, or 115.3% of the previous fiscal year-end. The lapse and surrender rate for the cumulative third quarter was 5.6%, compared with 7.0% in the year-earlier period.」
Annualized premiums from new business and the number of new policies exceeded the year-earlier period, while annualized premiums and the number of policies in force also increased from the previous fiscal year-end. Policies in force numbered 421,073, and the lapse and surrender rate declined from 7.0% in the year-earlier period to 5.6%. - FY2021-Q2AdvancedAnnual report
「For the second-quarter accounting period, annualized premiums from new business were ¥991 million, or 124.9% year on year, and new policies were 23,369, or 124.3% year on year. For the cumulative second quarter, annualized premiums from new business were ¥2,158 million, or 133.5% year on year, and new policies were 51,505, or 135.9% year on year. At the end of the second-quarter accounting period, annualized premiums from policies in force were ¥17,234 million, or 111.1% of the previous fiscal year-end, and policies in force exceeded 400,000 in September 2020, reaching 405,403, or 111.0% of the previous fiscal year-end. The lapse and surrender rate for the cumulative second quarter was 5.5%, compared with 7.3% in the year-earlier period.」
Annualized premiums from new business and the number of new policies exceeded the year-earlier period, policies in force exceeded 400,000 in September 2020, and the lapse and surrender rate declined from 7.3% in the year-earlier period to 5.5%, demonstrating concrete progress in new business performance and the expansion of policies in force. - FY2021-Q1AdvancedAnnual report
「For the cumulative first quarter, new business performance reached a record high, partly because demand for life insurance increased amid the spread of COVID-19. Annualized premiums from new business were ¥1,166 million, or 141.9% year on year, and new policies were 28,136, or 147.2% year on year. At the end of the first-quarter accounting period, annualized premiums from policies in force were ¥16,461 million, or 106.1% of the previous fiscal year-end, and policies in force numbered 387,775, or 106.2% of the previous fiscal year-end. The lapse and surrender rate for the cumulative first quarter was 5.5%, compared with 7.6% in the year-earlier period.」
Annualized premiums from new business and the number of new policies significantly exceeded the year-earlier period, achieving record-high performance. Policies in force increased to 387,775, while the lapse and surrender rate declined from 7.6% in the year-earlier period to 5.5%. - FY2020-Q3AdvancedAnnual report
「For the cumulative third quarter, annualized premiums from new business were ¥2,435 million, or 124.8% year on year, and new policies were 57,597, or 127.0% year on year. At the end of the third-quarter accounting period, annualized premiums from policies in force were ¥14,783 million, or 113.0% of the previous fiscal year-end, and policies in force numbered 348,429, or 112.8% of the previous fiscal year-end. Policies in force exceeded 350,000 in January 2020. The lapse and surrender rate for the cumulative third quarter was 7.0%, compared with 6.3% in the year-earlier period.」
Annualized premiums and the number of new policies, as well as annualized premiums and the number of policies in force, exceeded the year-earlier period or the previous fiscal year-end, and policies in force exceeded 350,000. The lapse and surrender rate, however, rose from 6.3% in the year-earlier period to 7.0%. - FY2020-Q2AdvancedAnnual report
「For the cumulative second quarter, annualized premiums from new business were ¥1,616 million, or 133.7% year on year, and new policies were 37,912, or 135.2% year on year. At the end of the second-quarter accounting period, annualized premiums from policies in force were ¥14,200 million, or 108.5% of the previous fiscal year-end, and policies in force numbered 334,528, or 108.3% of the previous fiscal year-end. The lapse and surrender rate for the cumulative second quarter was 7.3%, compared with 6.2% in the year-earlier period.」
Annualized premiums and the number of new policies, as well as annualized premiums and the number of policies in force, exceeded the year-earlier period or the previous fiscal year-end, reflecting progress in policy growth. The lapse and surrender rate, however, rose from 6.2% in the year-earlier period to 7.3%. - FY2020-Q1AdvancedAnnual report
「For the cumulative first quarter, annualized premiums from new business were ¥822 million, or 143.7% year on year, and new policies were 19,117, or 143.9% year on year. At the end of the first-quarter accounting period, annualized premiums from policies in force were ¥13,652 million, or 104.3% of the previous fiscal year-end, and policies in force numbered 321,829, or 104.2% of the previous fiscal year-end. The lapse and surrender rate for the cumulative first quarter was 7.6%, compared with 6.3% in the year-earlier period.」
Annualized premiums from new business and the number of new policies significantly exceeded the year-earlier period, while annualized premiums and the number of policies in force also increased from the previous fiscal year-end. Policies in force numbered 321,829, while the lapse and surrender rate rose from 6.3% in the year-earlier period to 7.6%. - FY2019AdvancedAnnual report
「During the fiscal year, the company continued to provide products and services from the customer's perspective through product revisions, expanded smartphone-based services and stronger business partnerships, achieving record-high new business performance.」
Annualized premiums from new business were ¥2,773 million, or 161.8% of the previous fiscal year, and new policies were 64,435, or 164.5%, setting a new record. Policies in force also exceeded 300,000 in January 2019. - FY2019-Q2AdvancedAnnual report
「For the cumulative second quarter, annualized premiums from new business were ¥1,209 million, or 165.5% year on year, and new policies were 28,048, or 170.6% year on year. At the end of the second-quarter accounting period, annualized premiums from policies in force were ¥11,979 million, or 107.5% of the previous fiscal year-end, and policies in force numbered 283,207, or 107.3% of the previous fiscal year-end.」
Annualized premiums from new business and the number of new policies significantly exceeded the year-earlier period, and policies in force also increased from the previous fiscal year-end. The lapse and surrender rate was 6.2%, slightly up from 6.1% in the year-earlier period. - FY2019-Q1AdvancedAnnual report
「For the cumulative first quarter, annualized premiums from new business were ¥572 million, or 166.7% year on year, and new policies were 13,285, or 170.5% year on year. At the end of the first-quarter accounting period, annualized premiums from policies in force were ¥11,529 million, or 103.4% of the previous fiscal year-end, and policies in force numbered 272,830, or 103.4% of the previous fiscal year-end. The lapse and surrender rate for the cumulative first quarter was 6.3%, compared with 6.5% in the year-earlier period.」
Annualized premiums from new business and new policies significantly exceeded the year-earlier period, while annualized premiums and the number of policies in force also increased from the previous fiscal year-end. The lapse and surrender rate also declined from the year-earlier period, demonstrating concrete progress in new business performance and the expansion of policies in force. - FY2018AdvancedAnnual report
「In the fiscal year, the second year of the medium-term plan, new business performance grew strongly through diversification of sales channels and proactive investment in operating expenses, as the company sought to establish a sustainable earnings base.」
Annualized premiums from new business were 125.9% of the previous fiscal year and new policies were 131.7%, exceeding the previous fiscal year for 2 consecutive fiscal years. - FY2018-Q3AdvancedAnnual report
「For the third-quarter accounting period, annualized premiums from new business were ¥460 million, or 143.7% year on year, and new policies were 10,555, or 151.2% year on year. For the cumulative third quarter, annualized premiums from new business were ¥1,191 million, or 124.7% year on year, and new policies were 26,997, or 131.1% year on year. At the end of the third-quarter accounting period, annualized premiums from policies in force were ¥10,796 million, or 107.0% of the previous fiscal year-end, and policies in force numbered 255,614, or 106.6% of the previous fiscal year-end. The lapse and surrender rate for the cumulative third quarter was 5.9%, compared with 6.5% in the year-earlier period.」
For the cumulative third quarter, annualized premiums from new business were 124.7% year on year and new policies were 131.1% year on year, while annualized premiums and the number of policies in force also increased from the previous fiscal year-end. Policies in force numbered 255,614, and the lapse and surrender rate declined from 6.5% in the year-earlier period to 5.9%. - FY2018-Q2AdvancedAnnual report
「For the cumulative second quarter, annualized premiums from new business were ¥730 million, or 115.1% year on year, and new policies were 16,442, or 120.7% year on year. At the end of the second-quarter accounting period, annualized premiums from policies in force were ¥10,493 million, or 104.0% of the previous fiscal year-end, and policies in force numbered 248,635, or 103.7% of the previous fiscal year-end. The number of policies in force exceeded 250,000 in October 2017. The lapse and surrender rate for the cumulative second quarter was 6.1%, compared with 6.6% in the year-earlier period.」
Annualized premiums from new business, new policies, annualized premiums from policies in force and the number of policies in force all exceeded the year-earlier period or the previous fiscal year-end. Policies in force exceeded 250,000, and the lapse and surrender rate declined from 6.6% in the year-earlier period to 6.1%. - FY2018-Q1AdvancedAnnual report
「For the cumulative first quarter, annualized premiums from new business were ¥343 million, or 100.5% year on year, and new policies were 7,793, or 106.7% year on year. At the end of the first-quarter accounting period, annualized premiums from policies in force were ¥10,263 million, or 101.7% of the previous fiscal year-end, and policies in force numbered 243,610, or 101.6% of the previous fiscal year-end. The lapse and surrender rate for the cumulative first quarter was 6.5%, compared with 7.0% in the year-earlier period.」
New policies were 106.7% year on year and policies in force were 101.6% of the previous fiscal year-end, marking continued growth in policies in force. The lapse and surrender rate also declined from 7.0% in the year-earlier period to 6.5%, demonstrating concrete progress toward a sustainable earnings platform. - FY2017AdvancedAnnual report
「In FY2016, the first year of the medium-term plan, new business performance exceeded the previous fiscal year for the first time in 5 fiscal years, marking a turnaround. In FY2017, the company aims to steadily grow new business performance and establish a structure capable of generating sustainable earnings, with the goal of achieving its management targets in FY2018.」
Of the phased path presented in the medium-term plan, the company explained that in FY2016 new business performance exceeded the previous fiscal year for the first time in 5 fiscal years, marking a turnaround. - FY2017-Q3AdvancedAnnual report
「For the cumulative third quarter, annualized premiums from new business were ¥955 million, or 109.5% year on year, applications were 27,731, or 114.3% year on year, and new policies were 20,599, or 112.8% year on year. At the end of the third-quarter accounting period, annualized premiums from policies in force were ¥9,856 million, or 105.1% of the previous fiscal year-end, and policies in force numbered 234,828, or 104.1% of the previous fiscal year-end. The lapse and surrender rate for the cumulative third quarter was 6.5%, compared with 6.7% in the year-earlier period.」
For the cumulative third quarter, annualized premiums from new business, applications and new policies exceeded the year-earlier period, while annualized premiums and the number of policies in force also increased from the previous fiscal year-end. The lapse and surrender rate declined from 6.7% in the year-earlier period to 6.5%. On a standalone quarterly basis, however, annualized premiums from new business were 99.0% year on year, indicating a pause in quarterly growth. - FY2017-Q2AdvancedAnnual report
「For the cumulative second quarter, annualized premiums from new business were ¥635 million, or 115.7% year on year, applications were 18,495, or 119.4% year on year, and new policies were 13,619, or 119.4% year on year. At the end of the second-quarter accounting period, annualized premiums from policies in force were ¥9,693 million, or 103.4% of the previous fiscal year-end, and policies in force numbered 231,538, or 102.7% of the previous fiscal year-end. The number of policies in force exceeded 230,000 in August 2016.」
Annualized premiums from new business, applications and new policies exceeded the year-earlier period, and policies in force also surpassed 230,000 in August 2016. The company demonstrated concrete progress toward a turnaround and growth in new business performance. - FY2017-Q1AdvancedAnnual report
「For the cumulative first quarter, annualized premiums from new business were ¥341 million, or 122.1% year on year, applications were 10,129, or 129.3% year on year, and new policies were 7,307, or 126.9% year on year.」
Regarding the turnaround and growth in new business performance in FY2016, annualized premiums from new business, applications and new policies all increased year on year. - FY2016First statedAnnual report
「To this end, the company aims to turn around new business performance in FY2016, steadily grow new business performance in FY2017, and establish a structure capable of generating sustainable profitability.」
The company presented a phased path of a turnaround in FY2016, growth in FY2017 and target achievement in FY2018.