Weak marine insurance revenue
First written in FY2018-Q1. 14 of 20 entries say "Worsened", first in FY2019-Q2. Latest entry: FY2026.
Daiun moved to the "Worse" side of this theme in 2019, 6 years before the typical company in this theme (2025).
The whole theme swung hardest in 2020: 8 of 21 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2026MitigatedAnnual report
「In this segment, results were at approximately the same level as in the same period of the previous year. As a result, operating revenue, excluding intersegment internal sales or transfers, was ¥4,635 thousand, up ¥527 thousand, or 12.8%, from the previous fiscal year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥4,595 thousand, up ¥527 thousand, or 13.0%, from the previous fiscal year.」
Operating revenue in the Other segment increased 12.8%, while segment profit rose 13.0%, indicating a recovery from the prolonged downturn through the previous fiscal year, including in the marine insurance-related business. - FY2025WorsenedAnnual report
「As a result, operating revenue was ¥4,108 thousand, down ¥394 thousand, or 8.8%, from the previous fiscal year, accounting for 0.0% of total segment revenue. Segment profit, or operating profit, was ¥4,068 thousand, down ¥394 thousand, or 8.8%, from the previous fiscal year.」
In the Other segment, both operating revenue and segment profit declined 8.8% from the previous fiscal year, with weakness in the segment, including marine insurance-related operations, continuing on a full-year basis. - FY2025-H1WorsenedAnnual report
「③ Other In this segment, results were at approximately the same level as in the same interim period of the previous year. As a result, operating revenue was ¥1,972 thousand, a decrease of ¥167 thousand, or 7.8%, from the same interim period of the previous year, accounting for 0.0% of total segment revenue. Segment profit, or operating profit, was ¥1,957 thousand, a decrease of ¥167 thousand, or 7.9%, from the same interim period of the previous year.」
In the Other segment, operating revenue declined 7.8% and segment profit declined 7.9% year on year, with weakness in the segment, including marine insurance-related operations, continuing. - FY2024WorsenedAnnual report
「In this segment, results were at approximately the same level as in the same period of the previous year. As a result, operating revenue was ¥4,502 thousand, down ¥308 thousand, or 6.4%, from the previous fiscal year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥4,463 thousand, down ¥318 thousand, or 6.7%, from the previous fiscal year.」
In the Other segment, operating revenue declined 6.4% and segment profit declined 6.7%, with weakness in the segment, including marine insurance-related operations, continuing on a full-year basis. - FY2024-Q3WorsenedAnnual report
「In this segment, results were at approximately the same level as in the same period of the previous year. As a result, operating revenue was ¥3,233 thousand, a decrease of ¥432 thousand, or 11.8%, from the cumulative period of the same quarter of the previous year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥3,201 thousand, a decrease of ¥441 thousand, or 12.1%, from the cumulative period of the same quarter of the previous year.」
In the Other segment, operating revenue declined 11.8% year on year and segment profit declined 12.1%. The segment's weakness, including marine insurance-related operations, is worsening numerically. - FY2024-Q2WorsenedAnnual report
「③ Other In this segment, results were at approximately the same level as in the same quarter of the previous year. As a result, operating revenue was ¥2,139 thousand, a decrease of ¥278 thousand, or 11.5%, from the cumulative period of the same quarter of the previous year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥2,124 thousand, a decrease of ¥278 thousand, or 11.6%, from the cumulative period of the same quarter of the previous year.」
In the Other segment, operating revenue declined 11.5% and segment profit declined 11.6%, indicating a numerical worsening of the segment's weakness, including marine insurance-related operations. - FY2024-Q1WorsenedAnnual report
「③ Other In this segment, results were at approximately the same level as in the same quarter of the previous year. As a result, operating revenue was ¥1,089 thousand, a decrease of ¥157 thousand, or 12.6%, from the cumulative period of the same quarter of the previous year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥1,082 thousand, a decrease of ¥157 thousand, or 12.7%, from the cumulative period of the same quarter of the previous year.」
In the Other segment, operating revenue declined 12.6% year on year and segment profit declined 12.7%. The weakness of the segment, including marine insurance-related operations, is confirmed by the figures. - FY2023WorsenedAnnual report
「In this segment, results were at approximately the same level as in the same period of the previous year. As a result, operating revenue, excluding intersegment internal sales or transfers, was ¥4,811 thousand, down ¥132 thousand, or 2.7%, from the previous fiscal year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥4,781 thousand, down ¥111 thousand, or 2.3%, from the previous fiscal year.」
Although the Other segment was at approximately the same level as in the same period of the previous year, operating revenue, including marine insurance-related revenue, declined 2.7% and segment profit declined 2.3%, indicating continued weakness. - FY2022WorsenedAnnual report
「In this segment, marine insurance handling commissions stagnated. As a result, operating revenue was ¥4,944 thousand, down ¥243 thousand, or 4.7%, from the previous fiscal year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥4,892 thousand, down ¥232 thousand, or 4.5%, from the previous fiscal year.」
Weakness in marine insurance handling commissions continued on a full-year basis, with operating revenue down 4.7% and segment profit down 4.5%. - FY2022-Q3WorsenedAnnual report
「③ Other In this segment, marine insurance handling commissions stagnated. As a result, operating revenue was ¥3,614 thousand, a decrease of ¥422 thousand, or 10.5%, from the cumulative period of the same quarter of the previous year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥3,570 thousand, a decrease of ¥412 thousand, or 10.4%, from the cumulative period of the same quarter of the previous year.」
Marine insurance handling commissions stagnated, with operating revenue down 10.5% and segment profit down 10.4%. The figures indicate a return to weakness after the recovery trend in the previous period. - FY2021MitigatedAnnual report
「In this segment, marine insurance revenue was recovering. As a result, operating revenue was ¥5,188 thousand, up ¥1,408 thousand, or 37.3%, from the previous fiscal year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥5,125 thousand, up ¥1,416 thousand, or 38.2%, from the previous fiscal year.」
Marine insurance revenue was recovering, with operating revenue up 37.3% and segment profit up 38.2%. Conditions improved from the weakness through the previous period. - FY2020WorsenedAnnual report
「In this segment, marine insurance revenue continued to stagnate. As a result, operating revenue was ¥3,779 thousand, down ¥1,602 thousand, or 29.8%, from the previous fiscal year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥3,708 thousand, down ¥1,586 thousand, or 30.0%, from the previous fiscal year.」
Weakness in marine insurance revenue continued on a full-year basis, with operating revenue down 29.8% and segment profit down 30.0%. This was a further deterioration from the 9% range of decline in the previous period. - FY2020-Q2WorsenedAnnual report
「In this segment, marine insurance revenue stagnated. As a result, operating revenue was ¥1,195 thousand, a decrease of ¥1,558 thousand, or 56.6%, from the cumulative period of the same quarter of the previous year, accounting for 0.0% of total segment revenue. Segment profit, or operating profit, was ¥1,153 thousand, a decrease of ¥1,567 thousand, or 57.6%, from the cumulative period of the same quarter of the previous year.」
Weakness in marine insurance revenue continued, with operating revenue down 56.6% year on year and segment profit down 57.6%. Conditions deteriorated again after the recovery indicated in the previous quarter. - FY2020-Q1WorsenedAnnual report
「In this segment, marine insurance revenue continued to stagnate. As a result, operating revenue was ¥213 thousand, a decrease of ¥1,214 thousand, or 85.1%, from the cumulative period of the same quarter of the previous year, accounting for 0.0% of total segment revenue. Segment profit, or operating profit, was ¥198 thousand, a decrease of ¥1,211 thousand, or 85.9%, from the cumulative period of the same quarter of the previous year.」
Weak marine insurance revenue continued, with operating revenue down 85.1% year on year and segment profit down 85.9%. The weakness worsened further from the previous full fiscal year. - FY2019WorsenedAnnual report
「In this segment, marine insurance revenue continued to stagnate. As a result, operating revenue was ¥5,382 thousand, down ¥576 thousand, or 9.7%, from the previous fiscal year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥5,294 thousand, down ¥551 thousand, or 9.4%, from the previous fiscal year.」
Weakness in marine insurance revenue continued on a full-year basis, with operating revenue down 9.7% and segment profit down 9.4%. - FY2019-Q2WorsenedAnnual report
「In this segment, marine insurance revenue stagnated. As a result, operating revenue was ¥2,754 thousand, a decrease of ¥38 thousand, or 1.4%, from the cumulative period of the same quarter of the previous year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥2,721 thousand, a decrease of ¥13 thousand, or 0.5%, from the cumulative period of the same quarter of the previous year.」
The previous quarter showed a recovery in marine insurance revenue as cargo movements increased, but revenue stagnated again in the current quarter, with operating revenue and segment profit declining year on year. - FY2019-Q1MitigatedAnnual report
「In this segment, marine insurance revenue increased as cargo movements increased. As a result, operating revenue was ¥1,427 thousand, an increase of ¥27 thousand, or 2.0%, from the cumulative period of the same quarter of the previous year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥1,410 thousand, an increase of ¥31 thousand, or 2.3%, from the cumulative period of the same quarter of the previous year.」
Marine insurance revenue increased as cargo movements rose, and both operating revenue and segment profit exceeded the previous year's levels. The weakness in marine insurance revenue through the previous period eased during the quarter. - FY2018RestatedAnnual report
「In this segment, marine insurance revenue continued to stagnate. As a result, operating revenue was ¥5,958 thousand, down ¥105 thousand, or 1.7%, from the previous fiscal year, accounting for +0.1% of total segment revenue. Segment profit, or operating profit, was ¥5,846 thousand, down ¥91 thousand, or 1.5%, from the previous fiscal year.」
Continued weakness in marine insurance revenue was reflected in the full-year figures, showing declines in both operating revenue and segment profit. - FY2018-Q2RestatedAnnual report
「In this segment, marine insurance revenue continued to stagnate. As a result, operating revenue was ¥2,793 thousand, a decrease of ¥296 thousand, or 9.6%, from the cumulative period of the same quarter of the previous year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥2,735 thousand, a decrease of ¥293 thousand, or 9.7%, from the cumulative period of the same quarter of the previous year.」
Marine insurance revenue continued to stagnate, with operating revenue down 9.6% and segment profit down 9.7%. The risk of continued weakness was reconfirmed with numerical data. - FY2018-Q1First statedAnnual report
「In this segment, marine insurance revenue continued to stagnate. As a result, operating revenue was ¥1,400 thousand, a decrease of ¥286 thousand, or 17.0%, from the cumulative period of the same quarter of the previous year, accounting for 0.1% of total segment revenue. Segment profit, or operating profit, was ¥1,378 thousand, a decrease of ¥287 thousand, or 17.2%, from the cumulative period of the same quarter of the previous year.」
Weak marine insurance revenue was cited for the Other segment, with operating revenue down 17.0% year on year and segment profit down 17.2%.