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 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%)
Related Companies
Lifenet Insurance Restricted Stock Compensation Plan
Copyright © 2023 FactSet Research Systems Inc. All rights reserved.
Last Updated on 24 Mar, 2023
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