Financial Results for the Fiscal Year Ending March 2026 (Consolidated) [Japanese Standards]

Overview of Business Performance

For the fiscal year ending March 2026, consolidated operating revenue reached a record high of 73,846 million yen, an increase of 9.1% YoY. Operating income was 3,543 million yen, decreasing 28.3%, and net income attributable to owners of the parent declined 32.1% YoY to 2,204 million yen. Revenue increased due to higher insurance underwriting income and expansion of new businesses, but profit declined because of increased claims ratio and costs related to transferring contracts from other companies. Cash flows from operating activities amounted to 4,820 million yen, while expenditures on investing activities increased to 16,666 million yen, resulting in a decrease in cash and cash equivalents to 9,092 million yen compared to the previous year.

Dividend Policy and Future Outlook

The annual dividend was increased to 9 yen (from 8.5 yen YoY), with an expected payout ratio of 30.4%. Based on the medium-term management plan, the company intends to continue stable profit distribution and improve shareholder returns. For the fiscal year ending March 2027, earnings are projected to be 81,000 million yen in operating revenue (up 9.7%), 5,000 million yen in operating income (up 41.1%), and 3,250 million yen in net income attributable to owners of the parent (up 47.4%). Earnings per share are forecasted at 44.43 yen, with dividends expected to be 13.5 yen.