Record Net Income Growth
Net income for the third quarter was JPY88.8 billion, contributing to a cumulative total of JPY271.8 billion for the nine months ending December 2024, marking a 24% year-over-year increase and a record high for the nine-month period.
Strong Investment Segment Performance
Segment income increased by 86% year-over-year to JPY129 billion, driven by exits in several projects across domestic private equity, real estate, and overseas renewable energy.
Successful Share Repurchase Program
Completed JPY50 billion in share repurchases, reaching the upper limit of the buyback program, with plans to cancel treasury stocks exceeding 2% of total shares outstanding.
Insurance Segment Growth
Profit in the Insurance segment increased by 14% to JPY61.7 billion, driven by diversified asset management and strong sales of new insurance products.