Worth reading
51Recurring
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
15205
¥ million (sales target for the fiscal year ending June 2028)Wording
Conditional
How definitive the wording is.Items stated in the management plan
Annual updateNet Sales+38.7%
基準 10,964Target15,205million
Each line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
Statements about the use of capital
Payout ratio / DOE policyIntroduced a progressive dividend policy. The consolidated payout ratio for the fiscal year ending June 2026 was 66.6%. The period covered by the target payout ratio or DOE is Not disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Insurance Clinic's strengths for opening new stores
02Expand the IFA business
03Platform strategy (AS platform)
04AI product strategy
Non-financial targetsIndicator Number of Insurance Clinic stores / Target value 500 stores / Timing Fiscal year ending June 2031, Indicator Store Opening Plan / Target value 20 locations / Timing 32nd fiscal year, Indicator Store Opening Plan / Target value 36 stores / Timing Final year (36th fiscal year)
Size of the Target MarketThe life insurance market generates approximately ¥28 trillion in annual total premiums, with approximately 19 million new individual and annuity insurance policies contracted annually. In fiscal 2025, the life insurance market was ¥28.9 trillion, and the number of new individual and annuity insurance policies was 18.97 million. Source: Life Insurance Association of Japan, "Overview of the Life Insurance Business." Insurance shops accounted for 7.0% of insurance distribution channels. Source: Life Insurance Culture Center, "2024 Nationwide Survey on Life Insurance."
Reason for revision or withdrawal
The company withdrew the specific KPI disclosure because, in light of the revised Insurance Business Act taking effect in June 2026, it is reassessing and redeveloping its target market.
| Item | Details |
|---|---|
| Plan name | Three-year plan (fiscal years ending June 2026 through June 2028) |
| Plan period | Fiscal years ending June 2026 to June 2028 |
| Progress against the plan | Annual update |
| Sales Target | 10,964 (actual for the fiscal year ending June 2026) → 15,205 (plan for the fiscal year ending June 2028) |
| Payout ratio / DOE policy | Introduced a progressive dividend policy. The consolidated payout ratio for the fiscal year ending June 2026 was 66.6%. The period covered by the target payout ratio or DOE is Not disclosed. |
| Non-financial targets | Indicator Number of Insurance Clinic stores / Target value 500 stores / Timing Fiscal year ending June 2031, Indicator Store Opening Plan / Target value 20 locations / Timing 32nd fiscal year, Indicator Store Opening Plan / Target value 36 stores / Timing Final year (36th fiscal year) |
| Key initiatives | Insurance Clinic's strengths for opening new stores, Expand the IFA business, Platform strategy (AS platform), AI product strategy |
| Reason for revision or withdrawal | The company withdrew the specific KPI disclosure because, in light of the revised Insurance Business Act taking effect in June 2026, it is reassessing and redeveloping its target market. |
| Size of the Target Market | The life insurance market generates approximately ¥28 trillion in annual total premiums, with approximately 19 million new individual and annuity insurance policies contracted annually. In fiscal 2025, the life insurance market was ¥28.9 trillion, and the number of new individual and annuity insurance policies was 18.97 million. Source: Life Insurance Association of Japan, "Overview of the Life Insurance Business." Insurance shops accounted for 7.0% of insurance distribution channels. Source: Life Insurance Culture Center, "2024 Nationwide Survey on Life Insurance." |
| Publication date | 29 September 2026 |
Items this document does not state (15)
Operating profit targetOperating profit margin targetNet income targetROE targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetPlan assumptionsResults under the previous planRisks identifiedDate of board resolution
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 aims to accelerate growth in the solutions business, supported by the revised Insurance Business Act taking effect in June 2026, and cites the significant room for growth given that insurance shops account for only 7.0% of the market. It also stated that it withdrew the specific KPI for the solutions business because it is reassessing and redeveloping its target market in light of the revised Insurance Business Act.
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.