Broad-Minded (7343) · RiskWorsened
Risk of agency commission clawbacks due to short-term cancellation of insurance contracts
First written in FY2025. 3 of 7 entries say "Worsened", first in 2026-06-04. Latest entry: 2026-08-12.
7entries
2years
4from disclosures
How it moved
Same theme, other companies
Risk of increased provisions for agency commission clawbacks due to insurance policy cancellationsA theme 2 companies write about · 2 as a headwind · 0 as a tailwind
0 other companies' latest entry also says "Worsened".
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.
Full recordFilings, disclosures and news, newest first
- 2026-08-12WorsenedEarnings
「Refund liabilities 187.900 198.943」
Refund liabilities related to early cancellations increased from ¥187.900 million at the end of the previous consolidated fiscal year to ¥198.943 million. - FY2026Increase in Refund Liability BalanceAnnual report
「Refund liability 179,600 187,900」
The refund liability relating to the risk of refunds associated with early cancellation of life insurance policies increased by ¥8.300 million, from ¥179.600 million at the end of the previous consolidated fiscal year to ¥187.900 million. - FY2026-H1Decrease in Refund Liability BalanceAnnual report
「Refund liability 179,600 166,014」
The refund liability decreased from ¥179.600 million at the end of the previous consolidated fiscal year to ¥166.014 million. The balance relating to the refund risk associated with early cancellations continues to be recognised. - FY2025First statedAnnual report
「If a policyholder whose insurance contract was referred to an insurance company cancels the policy soon after entering into the contract, the Company is required to refund part of the consideration to the insurance company. Accordingly, expected refund amounts payable to insurance companies are deducted from revenue and a refund liability is recognised.」
The Company quantified the risk of insurance agency commission refunds arising from the early cancellation of life insurance policies as a refund liability of ¥166.600 million. Although the liability is estimated based on refund experience over the past 3 years, the Company stated that cancellations arising from economic conditions or individual circumstances remain uncertain.