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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 2020 JPYUSD
Revenue16,741M153.97M
Gross Profit----
Operating income-2,421M-22.26M
Income before tax-2,396M-22.03M
Net income-2,400M-22.07M
EBITDA----
Diluted EPS-46.83-0.43
Dividends Per Share00
Total Assets41,145M381.13M
Total liabilities31,745M294.05M
Total equity9,400M87.07M
Operating cash flow1,613M14.83M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 9,376M 10,031M 10,933M 12,524M 16,741M
Gross Profit -- -- -- -- --
Operating income -472M -2,046M -193M -1,750M -2,421M
Income before tax -478M -2,038M -209M -1,731M -2,396M
Net income -429M -1,889M -249M -1,735M -2,400M
EBITDA -- -- -- -- --
Diluted EPS -8.74 -37.37 -4.87 -33.92 -46.83
Dividends Per Share 0 0 0 0 0
Total Assets 30,745M 31,935M 35,543M 38,249M 41,145M
Total liabilities 15,322M 18,284M 22,156M 26,481M 31,745M
Total equity 15,423M 13,645M 13,387M 11,773M 9,400M
Operating cash flow 4,610M 3,902M 3,820M 2,506M 1,613M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 78.07M 92.63M 98.64M 112.93M 153.97M
Gross Profit -- -- -- -- --
Operating income -3.93M -18.89M -1.74M -15.78M -22.26M
Income before tax -3.98M -18.82M -1.88M -15.60M -22.03M
Net income -3.57M -17.44M -2.24M -15.64M -22.07M
EBITDA -- -- -- -- --
Diluted EPS -0.07 -0.34 -0.04 -0.30 -0.43
Dividends Per Share 0 0 0 0 0
Total Assets 273.54M 286.59M 334.20M 345.56M 381.13M
Total liabilities 136.32M 164.08M 208.33M 239.24M 294.05M
Total equity 137.22M 122.45M 125.87M 106.36M 87.07M
Operating cash flow 38.38M 36.03M 34.46M 22.59M 14.83M

Valuation Measures

Mar 2020
PER--
ROA-6.04%
ROE-22.67%
Operating margin-14.46%
Profit margin-14.33%

Key executives

  • President & Representative Director: Ryosuke Mori
  • Managing Director & Chief Compliance Officer: Hitoshi Hatta
  • Director, Chief Human Resources Officer & EVP: Masayuki Nishida
  • Director, Executive Officer & GM-Sales: Yasuhiro Koba
  • Executive Officer & Head-Accounting: Iwao Kishimoto

Shareholders

  • KDDI Corp. (21.1%)
  • Swiss Re AG (9.3%)
  • JPMorgan Asset Management (Japan) Ltd. (7.1%)
  • Seven & i Holdings Co., Ltd. (5.3%)
  • Fidelity Management & Research Co. LLC (5.2%)
  • TANIYA MAMORU (3.5%)
  • SPARX Asset Management Co., Ltd. (3.3%)
  • Effissimo Capital Management Pte Ltd. (3.0%)
  • Norges Bank Investment Management (2.9%)
  • Ruffer LLP (2.6%)

Contact Details

Related Companies

  • Lifenet Insurance Restricted Stock Compensation Plan

Competitors

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