Industries›6 companies · latest full-year results
The industry providing protection and compensation services against future risks through life and non-life insurance products.
The 6 insurance companies we cover had combined revenue of ¥23.4T (+4.0% year over year) and operating profit of ¥1.1T, an industry-wide operating margin of 4.7%.
Dai-ichi Life leads on revenue (¥11.3T, a 48.3% share), and the top three hold 87% of industry sales. 1 grew both revenue and operating profit; 0 saw both fall.
T&D has the highest operating margin (7.4%); average pay across the industry is ¥9.92M, highest at Sony Financial (¥12.4M).
Industry total
Insurance · 6 companies
YoY compares companies with prior-year figures
StockShares are +21.3% over a year, ahead of the all-industry average (+14.9%) — #13 of 53 industries.Details
GuidanceCompany plans for FY2027 (6 companies combined): revenue −14.6%, operating profit +3.4%. Planned profit growth is below the all-industry plan (+13.0%).Details
Revisions1 raised and 0 cut this year's forecast. The biggest revision: Sony Financial (operating profit +261.1%).Details
Latest resultsYear to date through Q1, 2 companies combined: revenue +10.5% year over year. 1 are ahead of an even pace toward their full-year plan, 0 behind.Details
Disclosures4 TSE filings in the last 90 days (buybacks 1).Details
Earnings dates6 companies report within 30 days, starting with Anicom on Nov 9 and Sony Financial on Nov 12.Details
None
| Company | Op. profit (last FY) | This year's plan | Plan change | Revision | Progress (Q1 cumulative) |
|---|---|---|---|---|---|
| ¥753.7B | ¥869.0B | +15.3% | - | - |
| - | - | - | Unchanged | - |
| ¥257.2B | ¥235.0B | −8.6% | - | - |
| ¥84.6B | ¥29.0B | −65.7% | Up +261.1% | 53% |
| - | - | - | Unchanged | - |
| - | ¥11.2B | - | Unchanged | 21% |
Plans are each company's forecast for the current year from its earnings release. Plan change compares with last year's results; revisions compare the latest forecast with the first one given for the year. Progress is cumulative operating profit ÷ the full-year plan, against an even pace of 25% after Q1, 50% after Q2 and 75% after Q3 (a rough guide for seasonal businesses).
| Change | 1M | 3M | 1Y |
|---|---|---|---|
| Insurance | −1.2% | −6.9% | +21.3% |
| All industries | −2.7% | −0.9% | +14.9% |
| vs. market | +1.5pt | −5.9pt | +6.3pt |
Rank among industries:3M #45/531Y #13/53
Industry returns are an equal-weighted (geometric) average of member companies. Prices are split-adjusted closes for reference, not real-time.
Totals for the 3 covered companies with full-year results for every year from FY2022 to FY2026. The set is fixed, so adding or removing coverage doesn't move the figures.
Average salary is the reporting entity's figure (often a holding company) from its annual securities report. Holding companies with fewer than 50 staff are excluded.
| Company | Revenue | YoY | Operating profit | Margin | Share | Average salary | Average age | Employees |
|---|---|---|---|---|---|---|---|---|
| 1 | ¥11.3T | +14.5% | ¥753.7B | 6.7% | 48.3% | ¥10.4M | 39.1 | 490 |
| 2 | ¥5.6T | −8.8% | - | - | 24.0% | ¥7.35M | 45.3 | 8,197 |
| 3 | ¥3.5T | −6.7% | ¥257.2B | 7.4% | 14.9% | ¥11.1M | 47.0 | 160 |
| 4 | ¥2.9T | +9.6% | ¥84.6B | 2.9% | 12.3% | ¥12.4M | 46.2 | 215 |
| 5 | ¥73.8B | +9.1% | - | - | 0.3% | - | 42.2 | 39 |
| 6 | ¥34.4B | +14.3% | - | - | 0.1% | ¥8.32M | 41.8 | 242 |
| Industry total / average | ¥23.4T | +4.0% | ¥1.1T | 4.7% | 100% | ¥9.92M | 43.6 | 9,343 |
Revenue and operating profit are from each company's latest full-year results. Green margins are at or above the industry margin. Financial institutions may not report operating profit.
