Lifenet Insurance Company
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Lifenet Insurance Company (7157) investor relations material

Lifenet Insurance Company Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary12 Feb, 2026

Executive summary

  • Achieved strong growth in individual life insurance, with annualized premium of policies-in-force reaching ¥36,386mn, up 9.1% year-over-year, driven by targeted product strategies and service enhancements.

  • Insurance service results rose 21.8% year-over-year to ¥8,758mn, and net income increased to ¥6,240mn, reflecting favorable claims experience and operational improvements.

  • Comprehensive Equity reached ¥174,507mn, up 5.6% year-over-year, indicating robust corporate value growth.

  • Upward revision of full-year forecasts for insurance service results and net income, supported by lower-than-expected claims and continued business expansion.

  • Insurance revenue for the nine months ended December 31, 2025, rose 15.1% year-over-year to ¥25,380mn.

Financial highlights

  • Insurance service results for the cumulative 3Q were ¥8,758mn (+21.8% YoY), and net income was ¥6,240mn (+25.9% YoY).

  • Net income before income taxes was ¥8,781mn, up 27.6% year-over-year.

  • Comprehensive Equity reached ¥174,507mn, up 5.6% year-over-year.

  • Financial results improved to ¥334mn from a loss of ¥67mn in the prior year, mainly due to higher interest income and recovery from FX losses.

  • Operating expenses ratio declined to 14.8% (from 16.7% in FY2024), reflecting improved cost efficiency.

Outlook and guidance

  • Revised FY2025 forecasts: insurance service results to ¥11,200mn (+14% vs. previous forecast), net income to ¥7,800mn (+13%).

  • Annualized premium of policies-in-force forecasted at ¥37,100mn for FY2025.

  • Insurance revenue forecast remains unchanged at ¥33,000mn.

  • Mid-term management goal for FY2028: Comprehensive Equity of ¥200-240bn and stock price target of ¥3,000+.

What external factors affected GCL performance?
Clarify negative individual life contract liabilities.
Outline path to 2028 Comprehensive Equity goal.
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Frequently asked questions

Lifenet Insurance Company is a Japan-based online life insurance provider offering a range of digital-first insurance products. The company specializes in term life, medical, and disability insurance, focusing on affordable and transparent policies. It operates primarily through direct-to-consumer online channels, utilizing digital platforms for policy management, customer service, and underwriting. The company is headquartered in Tokyo, Japan, and its shares are listed on the TSE.

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