Net sales increased by 4.3% YoY but fell significantly short of the plan
Net sales increased YoY. However, as the increase in workload for the transition to a new system (ADVANTAGE TOUGHNESS) and slowdown of sales activities due to the unexpected retirement of sales personnel in a certain department as well as delays in the adoption of ADVANTAGE HARMONY for the Work- Life Balance Support Service due to people in charge at client HR departments prioritizing workplace vaccinations affected 3Q more than expected, net sales fell significantly short of the plan.
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Advantage Risk Management Co. Ltd. published this content on 18 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 February 2022 06:50:08 UTC.
Advantage Risk Management Co Ltd is a Japan-based company mainly engaged in the mental disability support activities, group long-term disability compensation insurance, and risk finance business. The Company operates through three segments. The Mental Health Care segment is engaged in the provision of mental health care services ranging from stress checks to counseling, organizational analysis, subsequent solutions, and aptitude tests for recruitment based on stress tolerance and emotional intelligence (EQ). The Employment Disability Support segment is engaged in the provision of comprehensive services related to Group Long-Term Disability (GLTD) insurance, offering sales of insurance products and professional know-how and supplementary services including system design, proposals, consulting and support for returning to work. The Risk Financing segment sells individual insurance products, such as cancer insurance, mainly to individuals working for companies and other organizations.