Worth reading
29Immaterial
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
176772
¥ million (year-on-year increase in core profit)Wording
Conditional
How definitive the wording is.Contents of this document
Supplementary materials to the earnings reportFiscal year ending March 20264 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Full-year earnings forecast
Underlying profitExpected to be approximately ¥380 billion
Positive spreadExpected to be approximately ¥270 billion
Premium and other incomeExpected to increase
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Positive spreadFiscal year ending March 2025¥142,537 millionFiscal year ending March 2026¥255,596 millionYear-on-year change+¥113,059 million year on year
- Insurance-related profit and lossFiscal year ending March 2025¥99,628 millionFiscal year ending March 2026¥163,341 millionYear-on-year change+¥63,713 million year on year
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Underlying profitAssumptions and outlookExpected to be approximately ¥380 billion
- Positive spreadAssumptions and outlookExpected to be approximately ¥270 billion
- Yield on investment income and other income included in core profitAssumptions and outlookExpected to increase
- Investment yield (general account)Assumptions and outlookExpected to remain flat
- Average assumed interest rateAssumptions and outlookExpected to decline
Key KPIsA metric the company considers important as a management benchmark.
- Annualized premiums from new business¥97,378 millionYear on year against the same period last year-44.4%
- Annualized premiums from in-force policies¥2,136,716 millionYear on year against the same period last year-6.7%
- Premium and other income¥2,188,660 millionYear on year against the same period last year-30.6%
- Amount of in-force policies¥33,798,442 millionYear on year against the same period last year-6.1%
- Amount of cancellations and lapses¥848,334 millionYear on year against the same period last year-7.3%
- Total assets¥58,442,160 millionYear on year against the same period last year-1.9%
- Underlying profit¥418,938 millionYear on year against the same period last year+73.0%
- Positive spread¥255.5 billionYear-on-year change in amount+¥113 billion year on year
- Yield on investment income and other income included in core profit2.14%Year on year against the same period last year+0.23 percentage points year on year
- Investment yield (general account)1.54%Year on year against the same period last year-0.03 percentage points year on year
- Average assumed interest rate1.59%Year on year against the same period last year-0.02 percentage points year on year
Number of employees
- Sales staffEnd of March 20269,509 people as of 31 March 2026Year on year against the same period last year+0.2%
- Administrative staffEnd of March 20268,197 people as of 31 March 2026Year on year against the same period last year-3.2%
| Item | Details |
|---|---|
| Document type | Supplementary materials to the earnings report |
| Fiscal Period Covered | Fiscal year ending March 2026 |
| Full-year earnings forecast | Underlying profit Expected to be approximately ¥380 billion / Positive spread Expected to be approximately ¥270 billion / Premium and other income Expected to increase |
| Breakdown of Factors Affecting the Change | Factors Positive spread / Fiscal year ending March 2025 ¥142,537 million / Fiscal year ending March 2026 ¥255,596 million / Year-on-year change +¥113,059 million year on year, Factors Insurance-related profit and loss / Fiscal year ending March 2025 ¥99,628 million / Fiscal year ending March 2026 ¥163,341 million / Year-on-year change +¥63,713 million year on year |
| Key KPIs | Indicator Annualized premiums from new business / Value ¥97,378 million / Year on year against the same period last year -44.4%, Indicator Annualized premiums from in-force policies / Value ¥2,136,716 million / Year on year against the same period last year -6.7%, Indicator Premium and other income / Value ¥2,188,660 million / Year on year against the same period last year -30.6%, Indicator Amount of in-force policies / Value ¥33,798,442 million / Year on year against the same period last year -6.1%, Indicator Amount of cancellations and lapses / Value ¥848,334 million / Year on year against the same period last year -7.3%, Indicator Total assets / Value ¥58,442,160 million / Year on year against the same period last year -1.9%, Indicator Underlying profit / Value ¥418,938 million / Year on year against the same period last year +73.0%, Indicator Positive spread / Value ¥255.5 billion / Year-on-year change in amount +¥113 billion year on year, Indicator Yield on investment income and other income included in core profit / Value 2.14% / Year on year against the same period last year +0.23 percentage points year on year, Indicator Investment yield (general account) / Value 1.54% / Year on year against the same period last year -0.03 percentage points year on year, Indicator Average assumed interest rate / Value 1.59% / Year on year against the same period last year -0.02 percentage points year on year |
| Number of employees | Category Sales staff / End of March 2026 9,509 people as of 31 March 2026 / Year on year against the same period last year +0.2%, Category Administrative staff / End of March 2026 8,197 people as of 31 March 2026 / Year on year against the same period last year -3.2% |
| Assumptions Underlying the Business Outlook | Item Underlying profit / Assumptions and outlook Expected to be approximately ¥380 billion, Item Positive spread / Assumptions and outlook Expected to be approximately ¥270 billion, Item Yield on investment income and other income included in core profit / Assumptions and outlook Expected to increase, Item Investment yield (general account) / Assumptions and outlook Expected to remain flat, Item Average assumed interest rate / Assumptions and outlook Expected to decline |
Items this document does not state (24)
Net SalesOperating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSelf-assessment against the planSegment resultsUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&ANew initiatives
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 company stated that the breakdown of core profit included an increase in the positive spread amount from ¥142,537 million to ¥255,596 million and an increase in insurance-related profit from ¥99,628 million to ¥163,341 million, but did not explain the specific factors behind these increases.
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.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.