Worth reading
50Recurring
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-7.6
Year-on-year change in ordinary profit (%)Wording
Conditional
How definitive the wording is.Results for this period
Full year1 April 2025–31 March 2026ConsolidatedJapanese GAAPOrdinary income1,348,630¥ millionYear on year -7.6%
Net income attributable to owners of the parent980,428¥ millionYear on year -7.1%Progress 118.1%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.
Net income per share¥515.55
Financial position at period-end
Total assets31,961,940¥ million
of which net assets 5,457,571 ¥ millionEquity ratio 17.0%vs. prior year-end +0.7pt
塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.
Cash inflows and outflows
Operating+584,259
Investment+639,725
Financials-624,251
Net change+599,733
Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ million).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period¥2,085,069 million
Segment revenueDomestic non-life insurance business (ordinary revenue from external customers) ¥3,772,925 million (YoY -2.5%), Domestic life insurance business (ordinary revenue from external customers) ¥795,809 million (YoY +24.5%), Overseas insurance business (ordinary revenue from external customers) ¥4,595,123 million (YoY +6.7%), Solutions and other businesses (ordinary revenue from external customers) ¥257,737 million (YoY +214.6%)
Segment profitDomestic Non-Life Insurance Business ¥744,488 million (YoY -16.7%), Domestic Life Insurance Business ¥23,611 million (YoY -66.3%), International Insurance Business ¥559,080 million (YoY +14.5%), Solutions and other businesses ¥21,421 million (YoY +166.7%)
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net income¥830,000 million (YoY +56.2%)
Annual Dividend Forecast¥218 → ¥245（+12.4%）
Payout ratio55.5
Factors Behind Changes in Business Performance
Ordinary revenue increased by ¥432.1 billion, while ordinary expenses increased by ¥543.5 billion, resulting in a ¥111.3 billion decline in ordinary profit. Profit declined in the domestic non-life insurance business and domestic life insurance business, while the overseas insurance business posted higher profit.
Disclosure regarding the going concern assumption
Not applicable.
Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Material subsequent eventsDisposal of treasury shares through a third-party allotment (payment completed on 13 April 2026; total disposal proceeds of ¥287,411,326,400) and acquisition of treasury shares (maximum of 130,000,000 shares; maximum total acquisition cost of ¥200 billion).
Impairment loss¥4,045 million
Breakdown of extraordinary income (loss)Extraordinary income Gain on disposal of fixed assets ¥7,965 million / Extraordinary loss Losses on disposal of fixed assets ¥5,892 million, Impairment Losses ¥4,045 million, Provision for statutory reserves ¥8,925 million, Other extraordinary losses ¥2,765 million
Depreciation and amortization¥161,985 million
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for analysts and institutional investors)
Issued Shares at Period-End1,934,000,000
Treasury Shares at Period-End55,487,168
| Item | Details |
|---|---|
| Fiscal Period Classification | Full year |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Consolidated |
| Period Covered | 1 April 2025–31 March 2026 |
| Ordinary income | ¥1,348,630 million (YoY -7.6%) |
| Profit attributable to owners of the parent | ¥980,428 million (YoY -7.1%) |
| Net income per share | ¥515.55 |
| Equity ratio | End of the current fiscal period 17 / End of previous period 16.3 |
| Total assets | ¥31,961,940 million |
| Net assets | ¥5,457,571 million |
| Cash flows from operating activities | ¥584,259 million |
| Cash flows from investing activities | ¥639,725 million |
| Cash flows from financing activities | ¥-624,251 million |
| Cash and cash equivalents at end of period | ¥2,085,069 million |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income ¥830,000 million (YoY +56.2%) |
| Annual Dividend Forecast | ¥218 → ¥245（+12.4%） |
| Payout ratio | 55.5 |
| Segment revenue | Domestic non-life insurance business (ordinary revenue from external customers) ¥3,772,925 million (YoY -2.5%), Domestic life insurance business (ordinary revenue from external customers) ¥795,809 million (YoY +24.5%), Overseas insurance business (ordinary revenue from external customers) ¥4,595,123 million (YoY +6.7%), Solutions and other businesses (ordinary revenue from external customers) ¥257,737 million (YoY +214.6%) |
| Segment profit | Domestic Non-Life Insurance Business ¥744,488 million (YoY -16.7%), Domestic Life Insurance Business ¥23,611 million (YoY -66.3%), International Insurance Business ¥559,080 million (YoY +14.5%), Solutions and other businesses ¥21,421 million (YoY +166.7%) |
| Depreciation and amortization | ¥161,985 million |
| Impairment loss | ¥4,045 million |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on disposal of fixed assets ¥7,965 million / Extraordinary loss Losses on disposal of fixed assets ¥5,892 million, Impairment Losses ¥4,045 million, Provision for statutory reserves ¥8,925 million, Other extraordinary losses ¥2,765 million |
| Disclosure regarding the going concern assumption | Not applicable. |
| Change in accounting policy | Changes due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No |
| Material subsequent events | Disposal of treasury shares through a third-party allotment (payment completed on 13 April 2026; total disposal proceeds of ¥287,411,326,400) and acquisition of treasury shares (maximum of 130,000,000 shares; maximum total acquisition cost of ¥200 billion). |
| Availability of Supplementary Financial Results Materials | Yes |
| Availability of Financial Results Briefing | Yes (for analysts and institutional investors) |
| Issued Shares at Period-End | 1,934,000,000 |
| Treasury Shares at Period-End | 55,487,168 |
| Factors Behind Changes in Business Performance | Ordinary revenue increased by ¥432.1 billion, while ordinary expenses increased by ¥543.5 billion, resulting in a ¥111.3 billion decline in ordinary profit. Profit declined in the domestic non-life insurance business and domestic life insurance business, while the overseas insurance business posted higher profit. |
Items this document does not state (8)
Net SalesOperating profitOperating MarginRevision to Earnings ForecastShareholder Return PolicyRegional salesOrders received and order backlogChanges in the scope of consolidation
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.Ordinary revenue increased by ¥432.1 billion, mainly due to insurance underwriting income and investment income, while ordinary expenses increased by ¥543.5 billion, resulting in a ¥111.3 billion decline in ordinary profit. By segment, profit declined in the domestic non-life insurance business and domestic life insurance business, while the overseas insurance business posted higher profit.
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.
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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.