Lifenet Insurance targets JPY 3,000 share price by 2028

Lifenet Insurance Company announced a strategic plan to realize management conscious of capital costs and share prices, aiming for a share price of JPY 3,000 or more by 2028. This objective is part of its mid-term plan, which also targets a Comprehensive Equity (CE) of JPY 200 bn to JPY 240 bn, up from JPY 167 bn in 2024. The company’s 2024 Return on Comprehensive Equity (ROCE) was 4.5%, with a target of approximately 10% by 2028.

The company's strategy focuses on increasing CE through "Rebranding," "Embedded," and "Tech & Services" initiatives, alongside improving market valuation. This includes expanding individual and group credit life insurance, enhancing cash flow efficiency, and optimizing operational expenses. Lifenet's PCE (Price to Comprehensive Equity) ratio currently stands at 0.84 times (as of March 2025), indicating room for improvement towards the 1x mark.

To align employee incentives with shareholder value, Lifenet will introduce restricted stock compensation for internal directors and executive officers and a stock ownership scheme for employees. The company also plans to strengthen capital policy through modified coinsurance reinsurance, demonstrating its commitment to improved capital efficiency.