| Valuation method | Value, ¥ | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | 3914.49 | 74 |
| Intrinsic value (DCF) | 1395.17 | -38 |
| Graham-Dodd Method | n/a | |
| Graham Formula | 4077.86 | 82 |
FP Partner Inc. is a leading Japanese insurance brokerage firm specializing in life and non-life insurance products, along with comprehensive financial planning services under its Money Doctor brand. Headquartered in Tokyo and founded in 2005, the company serves both individual and corporate clients through face-to-face consultations, online services, and after-sales support. Operating in Japan's competitive insurance brokerage sector, FP Partner differentiates itself with personalized financial advisory services and a strong digital presence. The company's integrated approach—combining insurance solutions with financial planning—positions it as a key player in Japan's financial services industry. With a market capitalization of approximately ¥58.2 billion, FP Partner continues to expand its footprint in Japan's insurance market, leveraging its expertise in risk management and wealth advisory services.
FP Partner Inc. presents a compelling investment case due to its strong market position in Japan's insurance brokerage sector, consistent revenue growth (¥35.6 billion in FY 2024), and solid profitability (net income of ¥3.9 billion). The company's high beta (1.696) suggests sensitivity to market volatility, but its diversified service offerings and strong cash position (¥8.8 billion) mitigate some risks. A dividend yield of approximately 1.6% (¥92 per share) adds appeal for income-focused investors. However, competition from larger insurers and regulatory changes in Japan's financial sector could pose challenges. Investors should weigh FP Partner's growth potential against sector-wide margin pressures.
FP Partner Inc. competes in Japan's insurance brokerage market by emphasizing personalized financial planning alongside traditional insurance products. Its Money Doctor brand enhances customer retention through holistic advisory services—a key differentiator against pure-play insurance brokers. The company's hybrid model (combining digital and in-person consultations) allows it to serve a broad client base efficiently. However, FP Partner lacks the global scale of multinational brokers and depends heavily on Japan's domestic market. Its competitive edge lies in localized expertise and integrated financial solutions, but it faces pricing pressure from larger players like Tokio Marine and Sompo Holdings, which benefit from economies of scale. FP Partner's nimble structure enables rapid adaptation to regulatory changes, but its reliance on intermediary commissions (rather than underwriting profits) exposes it to distribution risks.