Fiscal Year Ending November 2026 Q3 Financial Summary [Japanese GAAP] (Non-consolidated)

Overview of Results

For the nine-month cumulative period, revenue amounted to 23,427,832 thousand yen, down 3.8% year-on-year. Operating income declined to 1,543,172 thousand yen; ordinary income totaled 1,671,264 thousand yen; and quarterly net income was 1,094,776 thousand yen, all falling short of the prior-year levels. The company explained that changes in insurance sales composition and a deterioration in cost structure, including increases in certain expenses, were primary factors. Full-year forecasts remain unchanged, but revisions may be considered depending on future business conditions.

Financial Position and Capital Allocation

At the end of Q3, total assets were 16,634,946 thousand yen and net assets were 10,374,222 thousand yen. Current assets totaled 7,676,349 thousand yen and fixed assets totaled 8,958,597 thousand yen. Treasury stock holdings shifted from a decrease to an increase, with treasury stock at period-end of 474,124 thousand yen. Cash and deposits decreased. Conversely, tangible fixed assets increased due to construction of the company-owned building. Expenses arose from a revision in the estimate of asset retirement obligations.