Earnings Dependence on the Non-Life Insurance Business
First written in FY2017. 2 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2025: 22 of 57 companies on the "Worse" side.
47 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「The group recognizes the following as its major risks, given that its principal business, pet insurance, accounts for approximately 90% of the group’s total sales.」
The group continues to treat its earnings dependence structure, in which pet insurance accounts for approximately 90% of group sales, as a key premise underlying its major risks. - FY2021WorsenedAnnual report
「The group recognizes the following as its major risks, given that its principal business, pet insurance, accounts for approximately 90% of the group’s total sales.」
Dependence on the non-life insurance business was quantified, with the business accounting for approximately 90% of the group’s total sales. - FY2019RestatedAnnual report
「At present, earnings from this business account for most of the Anicom Group’s total earnings. Accordingly, the Anicom Group’s financial condition and business performance may be affected if growth in this business cannot be achieved or if expansion into new business areas other than pet insurance does not proceed smoothly.」
The company continues to disclose its dependence on non-life insurance business earnings and the risk of failing to expand non-insurance businesses. - FY2017First statedAnnual report
「At present, earnings from this business account for most of the group’s total earnings. Accordingly, the group’s financial condition and business performance may be affected if growth in this business cannot be achieved or if the creation of new businesses other than pet insurance does not proceed smoothly.」
The group depends on its non-life insurance business for most of its earnings, and indicates that failure to achieve growth in that business or delays in creating new businesses may have an impact.