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	JPY	USD
Revenue	21,527M	191.56M
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 Share	0	0
Total Assets	67,821M	558.77M
Total liabilities	45,750M	376.93M
Total equity	22,071M	181.84M
Operating cash flow	2,783M	24.76M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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 & Executive Vice President: Yasuhiro Koba
Director, Chief Human Resources Officer & EVP: Masayuki Nishida
Director, Head-Sales & Marketing: Ryosuke Kondo

Shareholders

KDDI Corp. (18.3%)
Effissimo Capital Management Pte Ltd. (13.9%)
Seven & i Holdings Co., Ltd. (4.6%)
Baillie Gifford & Co. (3.6%)
Norges Bank Investment Management (3.1%)
JPMorgan Asset Management (Japan) Ltd. (1.7%)
Asset Management One Co., Ltd. (1.5%)
Ruffer LLP (1.4%)
SPARX Asset Management Co., Ltd. (0.9%)
Kamakura Investment Management Co., Ltd. (0.9%)

Contact Details

Website:http://www.lifenet-seimei.co.jp
Address: Kojimachi NK Building, 5/F, 2-14-2 Koji-machi, Tokyo, 102-0083, Japan
Phone: +81.3.5216.7900

Related Companies

Lifenet Insurance Restricted Stock Compensation Plan

Competitors

Last Updated on 24 Mar, 2023