Financial Summary for the Fiscal Year Ending November 2025 [Japanese GAAP] (Non-Consolidated)

Overview of Financial Results

For the fiscal year ending November 2025, net sales were JPY 32,104,060 thousand (down 9.9% YoY), operating income was JPY 2,984,185 thousand (down 44.0% YoY), ordinary income was JPY 3,153,767 thousand (down 42.6% YoY), and net income attributable to owners of parent was JPY 2,042,386 thousand (down 47.7% YoY). The decrease in net sales was mainly due to sluggish growth in the number of contracts, while an increase in selling, general and administrative expenses contributed to the decline in profits. The number of sales employees was 2,333, down 7.3% from the previous period; however, efforts are being focused on new recruitment and strengthening the sales structure. As part of efforts to reinforce the non-life insurance business, the company completed the acquisition of all shares of Prestige Co., Ltd., aiming to expand earnings through cross-selling.

Outlook and Dividend

The earnings forecast for the fiscal year ending November 2026 projects net sales of JPY 36,261,937 thousand (up 13.0% YoY), operating income of JPY 3,326,402 thousand (up 11.5% YoY), and net income attributable to owners of parent of JPY 2,222,290 thousand (up 8.8% YoY). The annual dividend is planned at JPY 94.00 (an increase from the previous period), maintaining stable shareholder returns. Positive market conditions are expected due to rising asset formation needs and expanding insurance demand. The company aims for sustainable growth by promoting DX initiatives and strengthening the sales framework.