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FP Partner Inc. Outlines Financial Resilience
Company Announcements

FP Partner Inc. Outlines Financial Resilience

FP Partner, Inc. (JP:7388) has released an update.

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FP Partner Inc. has voluntarily released a Q&A to clarify the financial impact of potential advertising withdrawal by insurance companies, indicating minimal effect on performance due to alternative non-operating income and diverse business operations. The company has also discussed increases in SG&A expenses due to business expansion, a positive profit turn due to a lower effective income tax rate, and strategies to mitigate the impact of lost insurance company leases. Additionally, FP Partner Inc. highlighted the increase in non-life insurance policy transfers as beneficial due to higher recurring income and cross-selling opportunities compared to life insurance.

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