SBI Insurance Company Reports Record Financial Performance for Fiscal Year Ending March 2026

SBI Insurance Company Achieves Record Performance in 2026 Fiscal Year

SBI Insurance Company, headquartered in Minato, Tokyo and led by President Naohiro Ono, has announced its financial results for the fiscal year ending March 31, 2026. The company has achieved remarkable growth, driven by strategic marketing initiatives and partnerships that have expanded its customer base and enhanced product offerings.

Revenue Growth

The launch of a new TV commercial and various marketing strategies contributed to a successful sales season, particularly in the auto insurance sector. Recognized by customers, SBI Insurance clinched the top position in three categories of the '2026 Price.com Auto Insurance Satisfaction Rankings.' As a result, the sales of auto insurance—a key product—flourished, and the company expanded its offerings through alliances with partner companies, focusing on cancer insurance and other related products. This approach allowed for an increase in the number of policyholders surpassing 1.39 million by the end of March 2026.

Consequently, the net premiums written rose significantly, showing an 11.8% increase from the previous year, totaling 64.556 billion yen. The net revenue premiums also showed a healthy increase of 15.1%, amounting to 45.551 billion yen. Overall, underwriting income reached 45.577 billion yen (up 15.1%), while ordinary revenue increased by 15.8%, culminating at 46.819 billion yen—each figure representing an all-time high for the company.

Cost Overview

While revenues saw substantial growth, various costs also increased. Underwriting costs rose by 17.1% to 32.149 billion yen, administrative expenses rose by 5.8% to 12.007 billion yen, and other ordinary expenses decreased by 9.6% to 800 million yen. Overall ordinary expenses reached 44.715 billion yen, reflecting a 14.5% rise compared to the previous fiscal year.

Impressive Profit Results

Due to these factors, the ordinary profit for the fiscal year was notably impressive, reaching 2.103 billion yen (up 51.0%). The net profit followed suit, amounting to 1.706 billion yen and an increase of 40.7%, both achieving the highest levels in company history.

Additional Notes

This financial overview has not been audited by public accountants or auditing firms.

- The number of policyholders includes those for auto, fire, and cancer insurance, including group cancer insurance.
- The net written premiums indicate the revenue size of the non-life insurance company.
- The net income premium reflects the company’s income size after adjusting for reinsurance premiums.