Worth reading
79Important
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
100
¥100 million (target market capitalization at the end of the fiscal year ending March 2030)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Partially revisedNet Sales+34.6%
基準 50.9Target68.5hundred million
Operating profit margin+7.1pt
基準 9.4Target16.5%
ROE+5.8pt
基準 8Target13.8%
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. For metrics expressed as percentages, differences are shown in percentage points (pt).The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
Operating profitNot disclosed → More than ¥1,000 million
Only the target level is shown because the current level for comparison was not provided.Statements about the use of capital
Payout ratio / DOE policyTargeting a 100% dividend payout ratio for the 3 years from the fiscal year ending March 2025 through the fiscal year ending March 2027The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Healthy expansion of the sales organization
02Improving the productivity of sales activities
03Increasing expected revenue per appointment
04Expanding recurring revenue
05Accelerating hiring and establishing systems to improve retention — ensuring a net increase in consultants
06Overall vision for an AI and data platform in the DX area
07The initial interview tool has entered production use.
08Development has begun on a life-plan simulator integrated with AI
09Rolling out workplace services based on the concept of “flexible financial benefits”
10Sales strategy for maximizing asset value
Plan assumptionsChanges in the macroeconomic environment, including foreign exchange rates, interest rates and prices, The continuing aging and declining birthrate of society, Growing emphasis on individual efforts to build personal assets, Changes in consumer behavior in the AI era
Non-financial targetsIndicator name New graduates joining the company from April 2027 onward / Target value 40 or more people / Timing From April 2027 onward, Indicator name Number of consultants in the online sales organization / Target value 238 people / Timing End of the fiscal year ending March 2030
Size of the Target MarketMarket Outstanding individual insurance policies / Dimensions ¥779 trillion / Timing FY2024 / Source Not disclosed, Market Annualized premiums from new contracts across the insurance industry / Dimensions ¥2,565.8 billion / Timing FY2024 / Source Prepared by the company based on the Life Insurance Association of Japan, “Trends in Life Insurance 2025,” and the Life Insurance Association of Japan’s Monthly Statistics on Life Insurance Business (March 2026, FY2025), Market Annualized premiums from new contracts across the insurance agency industry / Dimensions Approximately ¥402.8 billion (estimate) / Timing Not disclosed / Source Prepared by the company based on the Life Insurance Association of Japan, “Trends in Life Insurance 2025,” and the Life Insurance Association of Japan’s Monthly Statistics on Life Insurance Business (March 2026, FY2025), Market Assets under custody through IFAs at 5 major securities companies / Dimensions Approximately ¥3.6 trillion / Timing 2025 / Source Japan Financial Instruments Intermediary Association, “FY2025 Survey of Regular Members of the Financial Instruments Intermediary Association”
Reason for revision or withdrawal
The difficulty of formulating a long-term plan due to significant changes in the external environment over the past 2 years. The company has shifted its management policy to focus on expanding an online sales organization that primarily handles life insurance. The pace of expansion of the online sales organization was re-examined while assessing the balance with training costs.
| Item | Details |
|---|---|
| Plan name | Medium-term performance targets |
| Plan period | FY ending March 2027 (earnings forecast) to FY ending March 2030 (target) |
| Progress against the plan | Partially revised |
| Sales Target | ¥50.9 hundred million → ¥68.5 hundred million |
| Operating profit target | Not disclosed → More than ¥1,000 million |
| Operating profit margin target | 9.4 % → 16.5 % |
| ROE target | 8 % → 13.8 % |
| Payout ratio / DOE policy | Targeting a 100% dividend payout ratio for the 3 years from the fiscal year ending March 2025 through the fiscal year ending March 2027 |
| Non-financial targets | Indicator name New graduates joining the company from April 2027 onward / Target value 40 or more people / Timing From April 2027 onward, Indicator name Number of consultants in the online sales organization / Target value 238 people / Timing End of the fiscal year ending March 2030 |
| Plan assumptions | Changes in the macroeconomic environment, including foreign exchange rates, interest rates and prices, The continuing aging and declining birthrate of society, Growing emphasis on individual efforts to build personal assets, Changes in consumer behavior in the AI era |
| Key initiatives | Healthy expansion of the sales organization, Improving the productivity of sales activities, Increasing expected revenue per appointment, Expanding recurring revenue, Accelerating hiring and establishing systems to improve retention — ensuring a net increase in consultants, Overall vision for an AI and data platform in the DX area, The initial interview tool has entered production use., Development has begun on a life-plan simulator integrated with AI, Rolling out workplace services based on the concept of “flexible financial benefits”, Sales strategy for maximizing asset value |
| Reason for revision or withdrawal | The difficulty of formulating a long-term plan due to significant changes in the external environment over the past 2 years. The company has shifted its management policy to focus on expanding an online sales organization that primarily handles life insurance. The pace of expansion of the online sales organization was re-examined while assessing the balance with training costs. |
| Size of the Target Market | Market Outstanding individual insurance policies / Dimensions ¥779 trillion / Timing FY2024 / Source Not disclosed, Market Annualized premiums from new contracts across the insurance industry / Dimensions ¥2,565.8 billion / Timing FY2024 / Source Prepared by the company based on the Life Insurance Association of Japan, “Trends in Life Insurance 2025,” and the Life Insurance Association of Japan’s Monthly Statistics on Life Insurance Business (March 2026, FY2025), Market Annualized premiums from new contracts across the insurance agency industry / Dimensions Approximately ¥402.8 billion (estimate) / Timing Not disclosed / Source Prepared by the company based on the Life Insurance Association of Japan, “Trends in Life Insurance 2025,” and the Life Insurance Association of Japan’s Monthly Statistics on Life Insurance Business (March 2026, FY2025), Market Assets under custody through IFAs at 5 major securities companies / Dimensions Approximately ¥3.6 trillion / Timing 2025 / Source Japan Financial Instruments Intermediary Association, “FY2025 Survey of Regular Members of the Financial Instruments Intermediary Association” |
| Publication date | 30 June 2026 |
Items this document does not state (11)
Net income targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetResults 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 states that its performance targets and strategy for the fiscal year ending March 2034 will be disclosed in the future, as significant changes in the external environment over the past 2 years have made long-term planning difficult. It has also shifted its management policy to focus on expanding an online sales organization that primarily handles life insurance, and has re-examined the pace of expansion while assessing the balance with training costs.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.