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Finance

Lifenet Insurance Co.

Business Summary

Lifenet Insurance Co. engages in life insurance business. It operates through the following business divisions: Insurance Underwriting and Asset Management. The Insurance Underwriting division handles insurance underwriting for the survival or death of a person and the collection of insurance premiums. The Asset Management division manages the operation of cash and other assets received as insurance premiums for life insurance. The company was founded by Haruaki Deguchi and Daisuke Iwase on October 23, 2006 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Revenue21,527M191.56M
Gross Profit----
Operating income-3,191M-28.39M
Income before tax-3,314M-29.49M
Net income-3,319M-29.53M
EBITDA----
Diluted EPS-50.64-0.45
Dividends Per Share00
Total Assets67,821M558.77M
Total liabilities45,750M376.93M
Total equity22,071M181.84M
Operating cash flow2,783M24.76M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 10,933M 12,524M 16,741M 20,715M 21,527M
Gross Profit -- -- -- -- --
Operating income -193M -1,750M -2,421M -3,018M -3,191M
Income before tax -209M -1,731M -2,396M -3,109M -3,314M
Net income -249M -1,735M -2,400M -3,114M -3,319M
EBITDA -- -- -- -- --
Diluted EPS -4.87 -33.92 -46.83 -53.86 -50.64
Dividends Per Share 0 0 0 0 0
Total Assets 35,543M 38,249M 41,145M 54,502M 67,821M
Total liabilities 22,156M 26,481M 31,745M 38,696M 45,750M
Total equity 13,387M 11,773M 9,400M 15,806M 22,071M
Operating cash flow 3,820M 2,506M 1,613M 2,937M 2,783M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 98.64M 112.93M 153.97M 195.31M 191.56M
Gross Profit -- -- -- -- --
Operating income -1.74M -15.78M -22.26M -28.45M -28.39M
Income before tax -1.88M -15.60M -22.03M -29.31M -29.49M
Net income -2.24M -15.64M -22.07M -29.36M -29.53M
EBITDA -- -- -- -- --
Diluted EPS -0.04 -0.30 -0.43 -0.50 -0.45
Dividends Per Share 0 0 0 0 0
Total Assets 334.20M 345.56M 381.13M 493.23M 558.77M
Total liabilities 208.33M 239.24M 294.05M 350.19M 376.93M
Total equity 125.87M 106.36M 87.07M 143.04M 181.84M
Operating cash flow 34.46M 22.59M 14.83M 27.69M 24.76M

Valuation Measures

Mar 2022
PER--
ROA-5.42%
ROE-17.52%
Operating margin-14.82%
Profit margin-15.41%

Key executives

  • President & Representative Director: Ryosuke Mori
  • Managing Director & Chief Compliance Officer: Hitoshi Hatta
  • Director, Chief Human Resources Officer & EVP: Masayuki Nishida
  • Director, Head-Sales & Marketing: Ryosuke Kondo
  • Auditor: Takahiro Yamasaki

Shareholders

  • KDDI Corp. (18.3%)
  • Effissimo Capital Management Pte Ltd. (13.9%)
  • Swiss Re AG (7.9%)
  • Seven & i Holdings Co., Ltd. (4.6%)
  • Baillie Gifford & Co. (3.3%)
  • Ruffer LLP (2.5%)
  • JPMorgan Asset Management (Japan) Ltd. (1.7%)
  • Asset Management One Co., Ltd. (1.2%)
  • Janus Henderson Investors (Singapore) Ltd. (1.2%)
  • Fidelity Management & Research Co. LLC (0.9%)

Contact Details

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Competitors

    Last Updated on 6 Jul, 2022

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