Upcoming Dividend • May 21
Upcoming dividend of JP¥47.00 per share Eligible shareholders must have bought the stock before 28 May 2026. Payment date: 10 August 2026. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 3.9%. Within top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (3.1%). Reported Earnings • Apr 15
First quarter 2026 earnings released: EPS: JP¥11.12 (vs JP¥23.09 in 1Q 2025) First quarter 2026 results: EPS: JP¥11.12 (down from JP¥23.09 in 1Q 2025). Revenue: JP¥7.62b (down 8.6% from 1Q 2025). Net income: JP¥257.0m (down 52% from 1Q 2025). Profit margin: 3.4% (down from 6.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Insurance industry in Japan. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 13% per year. Announcement • Apr 07
FP Partner Inc. to Report Q1, 2026 Results on Apr 14, 2026 FP Partner Inc. announced that they will report Q1, 2026 results on Apr 14, 2026 Declared Dividend • Mar 21
Final dividend of JP¥47.00 announced Dividend of JP¥47.00 is the same as last year. Ex-date: 28th May 2026 Payment date: 10th August 2026 Dividend yield will be 4.1%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) nor is it covered by cash flows (226% cash payout ratio). The dividend has increased by an average of 12% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 3.8% to bring the payout ratio under control. EPS is expected to grow by 56% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Board Change • Mar 07
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 2 experienced directors. 3 highly experienced directors. GM of Risk Management & Administrative Department, Head of Administration Department & Director Takumi Saito is the most experienced director on the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 03
Full year 2025 earnings released: EPS: JP¥88.78 (vs JP¥170 in FY 2024) Full year 2025 results: EPS: JP¥88.78 (down from JP¥170 in FY 2024). Revenue: JP¥32.1b (down 9.9% from FY 2024). Net income: JP¥2.04b (down 48% from FY 2024). Profit margin: 6.4% (down from 11% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Insurance industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 3% per year. Announcement • Jan 28
FP Partner Inc. Announces Board and Committee Changes FP Partner Inc. announced the resignation of Katsuyuki Tanaka as Director; Takashi Kuwabara as Director; Yoshihiro Fujii as Director. The Directors will resign due to the expiration of their terms of office at the conclusion of the 16th Ordinary General Meeting of Shareholders. Additionally, Mr. Takashi Kuwabara and Mr. Yoshihiro Fujii will assume the role of Senior Managing Operating Officer at the Company from February 27, 2026. The board further announced the resignation of Asami Kuwabara as Outside Audit & Supervisory Board Member. Reported Earnings • Jan 15
Full year 2025 earnings released: EPS: JP¥88.78 (vs JP¥170 in FY 2024) Full year 2025 results: EPS: JP¥88.78 (down from JP¥170 in FY 2024). Revenue: JP¥32.1b (down 9.9% from FY 2024). Net income: JP¥2.04b (down 48% from FY 2024). Profit margin: 6.4% (down from 11% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Insurance industry in Japan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Nov 20
Upcoming dividend of JP¥47.00 per share Eligible shareholders must have bought the stock before 27 November 2025. Payment date: 02 March 2026. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 4.0%. Within top quartile of Japanese dividend payers (3.7%). In line with average of industry peers (3.8%). Announcement • Nov 01
FP Partner Inc. to Report Fiscal Year 2025 Results on Jan 14, 2026 FP Partner Inc. announced that they will report fiscal year 2025 results at 3:00 PM, Tokyo Standard Time on Jan 14, 2026 Reported Earnings • Oct 16
Third quarter 2025 earnings released: EPS: JP¥24.16 (vs JP¥55.57 in 3Q 2024) Third quarter 2025 results: EPS: JP¥24.16 (down from JP¥55.57 in 3Q 2024). Revenue: JP¥7.92b (down 20% from 3Q 2024). Net income: JP¥555.0m (down 56% from 3Q 2024). Profit margin: 7.0% (down from 13% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Insurance industry in Japan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Declared Dividend • Aug 09
First half dividend of JP¥47.00 announced Shareholders will receive a dividend of JP¥47.00. Ex-date: 27th November 2025 Payment date: 2nd March 2026 Dividend yield will be 4.6%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 12% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 75% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 30
FP Partner Inc. to Report Q3, 2025 Results on Oct 15, 2025 FP Partner Inc. announced that they will report Q3, 2025 results on Oct 15, 2025 Reported Earnings • Jul 16
Second quarter 2025 earnings released: EPS: JP¥19.33 (vs JP¥39.58 in 2Q 2024) Second quarter 2025 results: EPS: JP¥19.33 (down from JP¥39.58 in 2Q 2024). Revenue: JP¥8.10b (down 8.0% from 2Q 2024). Net income: JP¥443.9m (down 51% from 2Q 2024). Profit margin: 5.5% (down from 10% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Insurance industry in Japan. Announcement • Apr 26
FP Partner Inc. to Report Q2, 2025 Results on Jul 15, 2025 FP Partner Inc. announced that they will report Q2, 2025 results on Jul 15, 2025 Reported Earnings • Apr 15
First quarter 2025 earnings released: EPS: JP¥23.06 (vs JP¥40.53 in 1Q 2024) First quarter 2025 results: EPS: JP¥23.06 (down from JP¥40.53 in 1Q 2024). Revenue: JP¥8.33b (flat on 1Q 2024). Net income: JP¥529.0m (down 44% from 1Q 2024). Profit margin: 6.3% (down from 11% in 1Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Insurance industry in Japan. Announcement • Apr 14
FP Partner Inc. Provides Earnings Guidance for the Six Months Ending May 31, 2025 and Fiscal Year Ending November 30, 2025 FP Partner Inc. provided earnings guidance for the six months ending May 31, 2025 and fiscal year ending November 30, 2025. For the six months, the company expected net sales of JPY 19,760 million, operating profit of JPY 2,927 million, profit of JPY 1,918 million, and profit per share of JPY 83.59.
For the full year, the company expected net sales of JPY 40,232 million, operating profit of JPY 6,130 million, profit of JPY 4,041 million, and profit per share of JPY 176.02. Declared Dividend • Mar 08
Final dividend of JP¥47.00 announced Shareholders will receive a dividend of JP¥47.00. Ex-date: 29th May 2025 Payment date: 12th August 2025 Dividend yield will be 3.9%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (26% earnings payout ratio) but not adequately covered by cash flows (95% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 04
FP Partner Inc. Introduces an Insurance Contract Input Assistant Application FP Partner Inc. has introduced a new "insurance contract input assistant application" on February 27, with the aim of improving operational efficiency. By systemizing work, sales employees can focus on dealing with customers. Reported Earnings • Mar 04
Full year 2024 earnings released: EPS: JP¥170 (vs JP¥172 in FY 2023) Full year 2024 results: EPS: JP¥170 (down from JP¥172 in FY 2023). Revenue: JP¥35.6b (up 17% from FY 2023). Net income: JP¥3.90b (down 1.3% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Insurance industry in Japan. Announcement • Feb 03
FP Partner Inc. to Report Q1, 2025 Results on Apr 14, 2025 FP Partner Inc. announced that they will report Q1, 2025 results on Apr 14, 2025 Reported Earnings • Jan 15
Full year 2024 earnings released: EPS: JP¥170 (vs JP¥172 in FY 2023) Full year 2024 results: EPS: JP¥170 (down from JP¥172 in FY 2023). Revenue: JP¥35.6b (up 17% from FY 2023). Net income: JP¥3.90b (down 1.3% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Insurance industry in Japan. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to JP¥2,355, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Insurance industry in Japan. Total loss to shareholders of 51% over the past year. Upcoming Dividend • Nov 21
Upcoming dividend of JP¥47.00 per share Eligible shareholders must have bought the stock before 28 November 2024. Payment date: 14 February 2025. Payout ratio is a comfortable 26% and the cash payout ratio is 76%. Trailing yield: 3.1%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (3.0%). Announcement • Nov 01
FP Partner Inc. to Report Fiscal Year 2024 Results on Jan 14, 2025 FP Partner Inc. announced that they will report fiscal year 2024 results on Jan 14, 2025 Reported Earnings • Oct 17
Third quarter 2024 earnings released: EPS: JP¥55.57 (vs JP¥31.54 in 3Q 2023) Third quarter 2024 results: EPS: JP¥55.57. Revenue: JP¥9.84b (up 18% from 3Q 2023). Net income: JP¥1.28b (down 12% from 3Q 2023). Profit margin: 13% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Insurance industry in Japan. Announcement • Oct 15
FP Partner Inc. Revises Earnings Guidance for the Full Fiscal Year Ending November 30, 2024 FP Partner Inc. revised earnings guidance for the full fiscal year ending November 30, 2024. For the fiscal year, the company now expects net sales of JPY 35,627 million, operating profit of JPY 6,009 million, profit of JPY 4,143 million, and profit per share of JPY 180.31 as compared to the previous guidance of net sales of JPY 35,627 million, operating profit of JPY 6,725 million, profit of JPY 4,548 million, and profit per share of JPY 196.99. Reason for the revision: In this fiscal year, the number of new policies has been steadily increasing, and net sales have been at the same level as planned. At the same time, the start of the new NISA from January 2024 has increased investment appetite, and the high U.S. interest rates and exchange rate fluctuations have increased demand for foreign currency- denominated lump-sum payment products. Due to this, life insurance sales have absorbed the strong demand for lump- sum payment products while pushing down sales volumes of level-payment products, which have high profit margins. As a result, the composition of products sold has changed, and sales of level-payment products in the nine months
ended August 31, 2024 were lower than expected at the beginning of the fiscal year. In addition to the rapid pace of changes in the external environment, the demand for foreign currency-denominated lump-sum payment products is expected to continue into the fourth quarter of the current fiscal year, so the company has revised downward full-year earnings forecast for operating profit, ordinary profit, and profit. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to JP¥2,324, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Insurance industry in Japan. Total loss to shareholders of 37% over the past year. Announcement • Jul 30
FP Partner Inc. to Report Q3, 2024 Results on Oct 15, 2024 FP Partner Inc. announced that they will report Q3, 2024 results on Oct 15, 2024 Reported Earnings • Jul 18
Second quarter 2024 earnings released: EPS: JP¥39.58 (vs JP¥18,665 in 2Q 2023) Second quarter 2024 results: EPS: JP¥39.58. Revenue: JP¥8.81b (up 22% from 2Q 2023). Net income: JP¥913.0m (up 15% from 2Q 2023). Profit margin: 10% (in line with 2Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Insurance industry in Japan. Declared Dividend • Jul 18
First half dividend of JP¥47.00 announced Shareholders will receive a dividend of JP¥47.00. Ex-date: 28th November 2024 Payment date: 14th February 2025 Dividend yield will be 3.0%, which is lower than the industry average of 3.4%. Sustainability & Growth The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. Announcement • Jul 16
FP Partner Inc. (TSE:7388) announces an Equity Buyback for 333,000 shares, representing 1.44% for ¥1,000 million. FP Partner Inc. (TSE:7388) announces a share repurchase program. Under the program, the company will repurchase up to 333,000 shares, representing 1.44% of its total shares outstanding excluding treasury shares, for a total of ¥1,000 million. The purpose of repurchase program is to enhance returns to shareholders and improve capital efficiency, as well as to enable a flexible capital policy that responds to changes in the business environment. The repurchased shares will be cancelled. The repurchase program is valid till August 16, 2024. As of June 30, 2024, the company had 23,081,969 issued shares (excluding treasury stock) and 171,931 treasury stock. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥3,095, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 15x in the Insurance industry in Japan. Total loss to shareholders of 27% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,067 per share. Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to JP¥3,325, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Insurance industry in Japan. Total loss to shareholders of 23% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥5,067 per share. New Risk • Jun 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risk Short dividend paying track record (1 year of continuous dividend payments). Announcement • May 03
FP Partner Inc. to Report Q2, 2024 Results on Jul 16, 2024 FP Partner Inc. announced that they will report Q2, 2024 results on Jul 16, 2024 Reported Earnings • Apr 16
First quarter 2024 earnings released: EPS: JP¥40.53 (vs JP¥39.74 in 1Q 2023) First quarter 2024 results: EPS: JP¥40.53 (up from JP¥39.74 in 1Q 2023). Revenue: JP¥8.33b (up 13% from 1Q 2023). Net income: JP¥938.0m (up 2.6% from 1Q 2023). Profit margin: 11% (down from 12% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Insurance industry in Japan. Announcement • Jan 28
FP Partner Inc. to Report Q1, 2024 Results on Apr 15, 2024 FP Partner Inc. announced that they will report Q1, 2024 results on Apr 15, 2024 Valuation Update With 7 Day Price Move • Jan 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥5,810, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 13x in the Insurance industry in Japan. Total returns to shareholders of 133% over the past year. Announcement • Jan 17
FP Partner Inc., Annual General Meeting, Feb 28, 2024 FP Partner Inc., Annual General Meeting, Feb 28, 2024. Reported Earnings • Jan 16
Full year 2023 earnings released: EPS: JP¥172 (vs JP¥115 in FY 2022) Full year 2023 results: EPS: JP¥172 (up from JP¥115 in FY 2022). Revenue: JP¥30.6b (up 19% from FY 2022). Net income: JP¥3.95b (up 67% from FY 2022). Profit margin: 13% (up from 9.2% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Insurance industry in Japan. Announcement • Jan 15
FP Partner Inc. (TSE:7388) announces an Equity Buyback for 200,000 shares, representing 0.86% for ¥1,000 million. FP Partner Inc. (TSE:7388) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 0.86% of its total shares outstanding excluding treasury shares, for a total of ¥1,000 million. The purpose of repurchase program is to enhance the return to shareholders and improving capital efficiency and to enable flexible capital policy , while responding to changes in business environment. The repurchase program is valid till February 15, 2024. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to JP¥4,705, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 14x in the Insurance industry in Japan. Total returns to shareholders of 131% over the past year. Announcement • Nov 01
FP Partner Inc. to Report Fiscal Year 2023 Results on Jan 15, 2024 FP Partner Inc. announced that they will report fiscal year 2023 results on Jan 15, 2024 Announcement • Oct 21
FP Partner Inc. Provides Earnings Guidance for the Fiscal Year Ending November 30, 2023 FP Partner Inc. provided earnings guidance for the fiscal year ending November 30, 2023. For the year, the company expects net sales to be JPY 29,973 million. Operating income to be JPY 5,510 million. Net income to be JPY 3,779 million. Net income per share to be JPY 164.34. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to JP¥4,190, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Insurance industry in Japan. Total returns to shareholders of 141% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,979 per share. Reported Earnings • Oct 12
Third quarter 2023 earnings released: EPS: JP¥31.54 (vs JP¥36.23 in 3Q 2022) Third quarter 2023 results: EPS: JP¥31.54. Revenue: JP¥8.34b (up 21% from 3Q 2022). Net income: JP¥1.45b (up 259% from 3Q 2022). Profit margin: 17% (up from 5.9% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Insurance industry in Japan. Buying Opportunity • Oct 05
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be JP¥4,354, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 56% in the next 2 years. Buying Opportunity • Sep 11
Now 26% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be JP¥4,354, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 51%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 56% in the next 2 years. Announcement • Jul 30
FP Partner Inc. to Report Q3, 2023 Results on Oct 11, 2023 FP Partner Inc. announced that they will report Q3, 2023 results on Oct 11, 2023 Announcement • Jan 29
FP Partner Inc. to Report Q1, 2023 Results on Apr 14, 2023 FP Partner Inc. announced that they will report Q1, 2023 results on Apr 14, 2023 Announcement • Jan 15
FP Partner Inc., Annual General Meeting, Feb 28, 2023 FP Partner Inc., Annual General Meeting, Feb 28, 2023. Announcement • Nov 01
FP Partner Inc. to Report Fiscal Year 2022 Results on Jan 13, 2023 FP Partner Inc. announced that they will report fiscal year 2022 results on Jan 13, 2023 Announcement • Sep 24
FP Partner Inc. has completed an IPO in the amount of ¥7.8 billion. FP Partner Inc. has completed an IPO in the amount of ¥7.8 billion.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 3,000,000
Price\Range: ¥2600