Worth reading
56In focus
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
716
¥ million (reduction in operating income forecast)Wording
Conditional
How definitive the wording is.Contents of this document
Earnings presentation2024年11月期 第3四半期8 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥26,982 million+17.7%
Operating profit¥4,438 million-3.1%
Ordinary income¥4,653 million
Net income¥3,126 million-1.1%
Operating profit margin16.4%、前年同期比はNot disclosed
Results for the three months of the current quarter
Net Sales
¥9,841 million
Operating profit
¥1,750 million
Net income for the current fiscal year
¥1,275 million
Full-year earnings forecast
Net Sales
¥35,627 million
Operating profit
¥6,009 million
Ordinary income
¥6,171 million
Net income for the current fiscal year
¥4,143 million
Operating profit margin
16.9 %
Annual dividend per share
¥92
Progress against full-year forecast 通期の予想に対して、いまどこまで進んだかの割合です。
Net Sales
Initial75.7 %
After revision75.7 %
Operating profit
Initial66 %
After revision73.9 %
Ordinary income
Initial69.6 %
After revision75.4 %
Quarterly net income
Initial68.7 %
After revision75.5 %
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
上期計画からの下振れ分を吸収しきれないBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- 営業社員の報酬率引き上げによる原価上昇
- 上期の平準払い商品の販売件数が想定を下回ったことによる利益率低下
- 平準払い商品の販売件数増加による4Qの利益改善
The company identifies the factors but does not state the amount attributable to each one.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
KPI推移から4Qも好業績が継続すると判断New initiatives
- マネードクタープレミアの30店舗出店
- IFA事業の拡大
- ダイレクト型自動車保険ビジネスの展開
- 金融リテラシー教育の導入法人拡大
Key KPIsA metric the company considers important as a management benchmark.
- Number of sales employees2,491 PeopleYear on year against the same period last year+12.5%
- Number of prospective insurance customers39,980 PeopleYear on year against the same period last year+6.0%
- New contracts64,037 EngagementsYear on year against the same period last year+11.8%
- 契約譲受移管合意件数59,296 EngagementsYear on year against the same period last year+61.9%
- Number of in-force policies1,674,466 EngagementsYear on year against the same period last year+20.7%
- New customers39,326 PeopleYear on year against the same period last year+13.0%
Number of stores and locations
End of period165 Location
Number of employees
Number of sales employees2,491 People
Change during the period276 People
Number of additions527 People
Hiring Target700 People
Annual Dividend
¥92
End of period47
| Item | Details |
|---|---|
| Document type | Earnings presentation |
| Fiscal Period Covered | 2024年11月期 第3四半期 |
| Net Sales | ¥26,982 million (YoY +17.7%) |
| Operating profit | ¥4,438 million (YoY -3.1%) |
| Ordinary income | ¥4,653 million |
| Net income | ¥3,126 million (YoY -1.1%) |
| Operating profit margin | 16.4%、前年同期比はNot disclosed |
| Results for the three months of the current quarter | Net Sales ¥9,841 million / Operating profit ¥1,750 million / Net income for the current fiscal year ¥1,275 million |
| Full-year earnings forecast | Net Sales ¥35,627 million / Operating profit ¥6,009 million / Ordinary income ¥6,171 million / Net income for the current fiscal year ¥4,143 million / Operating profit margin 16.9 % / Annual dividend per share ¥92 |
| Progress against full-year forecast | Net Sales Initial 75.7 % / After revision 75.7 % / Operating profit Initial 66 % / After revision 73.9 % / Ordinary income Initial 69.6 % / After revision 75.4 % / Quarterly net income Initial 68.7 % / After revision 75.5 % |
| Self-assessment against the plan | 上期計画からの下振れ分を吸収しきれない |
| Breakdown of Factors Affecting the Change | Factors 営業社員の報酬率引き上げによる原価上昇 / Amount Not disclosed, Factors 上期の平準払い商品の販売件数が想定を下回ったことによる利益率低下 / Amount Not disclosed, Factors 平準払い商品の販売件数増加による4Qの利益改善 / Amount Not disclosed |
| Key KPIs | Number of sales employees 2,491 People, Number of prospective insurance customers 39,980 People, New contracts 64,037 Engagements, 契約譲受移管合意件数 59,296 Engagements, Number of in-force policies 1,674,466 Engagements, New customers 39,326 People |
| Number of stores and locations | End of period 165 Location / Number of store openings and closures during the period Not disclosed |
| Number of employees | Number of sales employees 2,491 People / Change during the period 276 People / Number of additions 527 People / Hiring Target 700 People |
| Assumptions Underlying the Business Outlook | KPI推移から4Qも好業績が継続すると判断 |
| Annual Dividend | ¥92 |
| New initiatives | マネードクタープレミアの30店舗出店, IFA事業の拡大, ダイレクト型自動車保険ビジネスの展開, 金融リテラシー教育の導入法人拡大 |
Items this document does not state (13)
Gross Profit MarginSelling, general and administrative expensesSegment resultsUnit price and quantity metricsRisk amount incorporated into the outlookMedium-term management plan targetsFinancial targetsPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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.営業社員の報酬率引き上げによる原価上昇が続いたこと、上期に外部要因で生命保険商品の構成が変化し、利益率の高い平準払い商品の販売件数が想定を下回ったことが理由。3Q以降は商品構成改善の効果が出ているものの、上期の営業利益下振れ分を4Qで吸収しきれないとしている。
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.