# Premium Group Co., Ltd.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, IFRS
> Unit: JPY millions
> Sources: 有価証券報告書－第11期(2025/04/01－2026/03/31) (S100YHAQ)
> Page: https://vizora.meequs.com/en/company/premium-group
> Retrieved: 2026-09-30T21:00:49.873Z

## Company

Premium Group, founded in 2015, is a company in Non-life Insurance listed on TSE Prime. It has 899 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | Premium Group Co., Ltd. |
| Ticker | 7199 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7199.T) |
| Listing | TSE Prime |
| Head office | 東京都港区虎ノ門二丁目10番4号 オークラプレステージタワー |
| Representative (per filing) | 代表取締役社長 CEO 柴田 洋一 |
| Founded | May 2015 |
| Share capital | ¥1.82B |
| Employees (consolidated) | 899 |
| Average salary (parent only) | ¥8M |
| Fiscal year end | March |
| Website | ir.premium-group.co.jp (https://ir.premium-group.co.jp/) |
| Corporate number | 8010001168159 |
| EDINET | E33624 |
| Industries (Vizora) | Non-life Insurance, Credit Cards & Consumer Credit, Car Dealers & Used Cars |

> Profile source: annual securities report (S100YHAQ, filed 2026-06-23). As of filing

## Key points (generated from figures)

- About 57% of Premium Group's sales come from Finance, with Auto mobility and Automobile Warranty making up much of the rest.
- Out of every ¥100 of sales, about ¥19 is left as operating profit.
- Revenue changed +21.0% from the prior year, operating profit +23.2%.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥44B |  |
| Operating income | ¥8.4B | Margin 19.1% |
| Net income | ¥6.07B | Margin 13.8% |
| Free cash flow | -¥22.9B |  |
| Largest business | Finance | of segment revenue 56.5% |
| Employees (consolidated) | 899 |  |
| EPS | ¥157.22 |  |
| Diluted EPS | ¥156.86 |  |
| Book value per share | ¥301.22 |  |
| Equity ratio | 12.7% | Derived from disclosed figures |
| Shares outstanding | 40,710,663 |  |
| Treasury shares | 1,825,200 |  |
| Shareholders | 7,273 |  |
| Average salary (parent only) | ¥8M | Filing company only |
| Cash ratio | 13.1% | Cash ÷ revenue 59.3% |
| Vs. industry median margin | +0.9 pp | Credit Cards & Consumer Credit |
| ROE | 27.5% | Derived from disclosed figures |
| ROA | 3.2% | Derived from disclosed figures |

## Notable figures

- FY2026, revenue is 2.1× its level five years ago

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥17906000000 | ¥44042000000 | +146.0% |
| Operating income | ¥2847000000 | ¥8398000000 | +195.0% |
| Operating margin | 15.9% | 19.1% | +3.2 pp |
| Employees | 627 people | 899 people | +43.4% |
| Cash and equivalents | ¥8054000000 | ¥26111000000 | +224.2% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| ファイナンス → ファイナンス | 56.5% |
| ファイナンス → 事業再編・廃止 | 11.3% |
| 故障保証 → 故障保証 | 18.3% |
| 故障保証 → 事業再編・廃止 | 4.5% |
| オートモビリティサービス → オートモビリティサービス | 9.4% |
| 新設・再編 → オートモビリティサービス | 15.8% |

Segment revenue source references: 6 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Finance | 5 years | +15.4% | ¥24801000000 | 19.1% | 2 |
| Auto mobility | 5 years | +45.9% | ¥11066000000 | 20.3% | 2 |
| Automobile Warranty | 5 years | +14.6% | ¥8010000000 | 16.7% | 2 |

## Income statement（FY ending Mar 2026, consolidated, IFRS）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 44,042 | 100.0% | S100YHAQ |
| Operating income | 8,398 | 19.1% | S100YHAQ |
| Pretax income | 8,619 | 19.6% | S100YHAQ |
| Income tax | 2,543 | 5.8% | S100YHAQ |
| Net income | 6,075 | 13.8% | S100YHAQ |
| Net income attributable to owners | 6,069 | 13.8% | S100YHAQ |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Operating expenses | 81 |
| Operating income | 19 |
| (Ref.) Net income | 14 |

### Margin funnel

Operating margin 19.1% → Net margin 13.8%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +21.0%; Core profit growth: +23.2%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 1.11×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 36,409 | 44,042 | 7,633 | +21.0% |
| Operating income | 6,815 | 8,398 | 1,583 | +23.2% |
| Net income attributable to owners | 4,651 | 6,069 | 1,418 | +30.5% |
| Operating cash flow | -7,761 | -21,283 | -13,522 | — |
| Free cash flow | -9,168 | -22,909 | -13,741 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2017 | 7,900 | — | — | 847 | 2,769 | — | S100LVE0 |
| FY ending Mar 2018 | 9,065 | — | — | 1,293 | 1,043 | — | S100OKPE |
| FY ending Mar 2019 | 10,774 | — | — | 1,388 | -1,015 | — | S100R9B8 |
| FY ending Mar 2020 | 14,043 | 1,501 | 10.7% | 1,466 | -1,246 | -2,220 | S100UO5R |
| FY ending Mar 2021 | 17,906 | 2,847 | 15.9% | 2,383 | 1,321 | 110 | S100W2A6 |
| FY ending Mar 2022 | 20,888 | 3,864 | 18.5% | 2,941 | 1,608 | 789 | S100YHAQ |
| FY ending Mar 2023 | 25,465 | 4,245 | 16.7% | 3,994 | -449 | -2,604 | S100YHAQ |
| FY ending Mar 2024 | 31,546 | 6,195 | 19.6% | 4,608 | 2,489 | 356 | S100YHAQ |
| FY ending Mar 2025 | 36,409 | 6,815 | 18.7% | 4,651 | -7,761 | -9,168 | S100YHAQ |
| FY ending Mar 2026 | 44,042 | 8,398 | 19.1% | 6,069 | -21,283 | -22,909 | S100YHAQ |

## People and productivity（FY ending Mar 2026, consolidated, IFRS）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥49M |
| Operating income per employee (consolidated) | ¥9.3M |
| Net income per employee (consolidated) | ¥6.8M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 679 | 700 | 740 | 814 | 899 |
| Average salary (parent company) | ¥7M | ¥7.1M | ¥7.9M | ¥7.6M | ¥8M |
| Average age (parent company) | 36.9 years | 37.5 years | 36.4 years | 37.2 years | 36.7 years |
| Average tenure (parent company) | 6.2 years | 6.9 years | 7.2 years | 6.8 years | 7.9 years |

Year over year: Employees (consolidated) +10.4% · Revenue (consolidated) +21.0%

## Segments（FY ending Mar 2026, consolidated, IFRS、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Finance | 24,801 | 56.5% | 4,735 | 19.1% |
| Automobile Warranty | 8,010 | 18.3% | 1,334 | 16.7% |
| Auto mobility | 11,066 | 25.2% | 2,243 | 20.3% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| Finance | 56.5% | 57.0% | 0.4 | 19.1% |
| Automobile Warranty | 18.3% | 16.0% | -2.2 | 16.7% |
| Auto mobility | 25.2% | 27.0% | 1.8 | 20.3% |

Segment → industry: Automobile Warranty → Non-life Insurance / Finance → Credit Cards & Consumer Credit / Auto mobility → Car Dealers & Used Cars

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, IFRS）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | -21,283 | -48.3% | S100YHAQ |
| Capital expenditure | 1,626 | 3.7% | S100YHAQ |
| Free cash flow | -22,909 | -52.0% | 算出 |
| Investing cash flow | -1,931 | -4.4% | S100YHAQ |
| Financing cash flow | 32,148 | 73.0% | S100YHAQ |
| Dividends paid | 1,816 | 4.1% | S100YHAQ |
| Share buyback | 300 | 0.7% | S100YHAQ |
| Change in cash | 8,951 | 20.3% | S100YHAQ |
| Cash and equivalents | 26,111 | 59.3% | S100YHAQ |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 11,433 | 14,857 | 21,150 | 17,159 | 26,111 | S100R9B8, S100UO5R, S100W2A6, S100YHAQ |
| Total assets | 81,800 | 101,431 | 125,274 | 184,988 | 198,965 | S100R9B8, S100UO5R, S100W2A6, S100YHAQ |
| Net assets | 9,814 | 13,353 | 15,351 | 18,948 | 25,295 | S100UO5R, S100W2A6, S100YHAQ |
| Share capital | 1,700 | 1,700 | 1,700 | 1,700 | 1,817 | S100R9B8, S100UO5R, S100W2A6, S100YHAQ |
| Property, plant and equipment | 3,648 | 3,074 | 2,837 | 5,396 | 5,046 | S100R9B8, S100UO5R, S100W2A6, S100YHAQ |
| Goodwill | 3,958 | 3,958 | 3,958 | 3,958 | 4,197 | S100R9B8, S100UO5R, S100W2A6, S100YHAQ |
| Total liabilities | 71,987 | 88,078 | 109,923 | 166,039 | 173,670 | S100R9B8, S100UO5R, S100W2A6, S100YHAQ |
| Equity attributable to owners of parent | 9,710 | 13,322 | 15,310 | 18,923 | 25,270 | S100R9B8, S100UO5R, S100W2A6, S100YHAQ |
| Retained earnings | 7,722 | 10,952 | 14,626 | 17,949 | 22,204 | S100R9B8, S100UO5R, S100W2A6, S100YHAQ |
| Treasury stock | -1,201 | -1,088 | -3,109 | -3,046 | -2,303 | S100R9B8, S100UO5R, S100W2A6, S100YHAQ |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 13% | S100YHAQ |
| Property, plant and equipment | 3% | S100YHAQ |
| Intangibles and goodwill | 2% | — |
| Other assets | 82% | S100YHAQ |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Other liabilities | 87% | S100YHAQ |
| Equity | 13% | S100YHAQ |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 81,800 | 101,431 | 125,274 | 184,988 | 198,965 |
| Equity | 9,814 | 13,353 | 15,351 | 18,948 | 25,295 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 11,433 | 14,857 | 21,150 | 17,159 | 26,111 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 11.5% | S100YHAQ |
| Fixed assets ÷ total assets | 2.5% | S100YHAQ |
| Goodwill ÷ parent equity | 16.6% | S100YHAQ |

Goodwill over 4 years: 3,958 → 4,197 JPY; total investing cash flow: -10,828 JPY. This does not imply causation.

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 13.1% |
| Cash ÷ revenue | 59.3% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | -253.4% |
| Cash vs. profit gap | -27,352 JPY mn (of net income -450.7%) |
| Shareholder returns / net income | 34.9% |
| Shareholder returns / FCF | — |
| Shareholder payments — dividends / net income | 29.9% |
| Shareholder payments — dividends / FCF | — |
| CapEx intensity (capex ÷ revenue) | 3.7% |
| Investing CF relative to operating CF | — |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 14.1% | 0.26× | 3.6% | 8.42× | 30.3% | S100R9B8, S100YHAQ |
| 2023 | 15.7% | 0.28× | 4.4% | 7.96× | 34.7% | S100UO5R, S100YHAQ |
| 2024 | 14.6% | 0.28× | 4.1% | 7.92× | 32.2% | S100W2A6, S100YHAQ |
| 2025 | 12.8% | 0.23× | 3.0% | 9.06× | 27.2% | S100YHAQ |
| 2026 | 13.8% | 0.23× | 3.2% | 8.69× | 27.5% | S100YHAQ |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 12.0% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 8.6% | 2026-03-31 |
| 株式会社リクルート | Major shareholder | 4.6% | 2026-03-31 |
| ＧＯＶＥＲＮＭＥＮＴ ＯＦ ＮＯＲＷＡＹ （常任代理人 シティバンク、エヌ・エイ東京支店） | Major shareholder | 2.4% | 2026-03-31 |
| ＳＴＡＴＥ ＳＴＲＥＥＴ ＢＡＮＫ ＡＮＤ ＴＲＵＳＴ ＣＯＭＰＡＮＹ ５０５３０１ （常任代理人 株式会社みずほ銀行） | Major shareholder | 2.4% | 2026-03-31 |
| 伊藤忠商事株式会社 | Major shareholder | 2.1% | 2026-03-31 |
| 柴田 洋一 | Major shareholder | 2.0% | 2026-03-31 |
| 株式会社あおぞら銀行 | Major shareholder | 2.0% | 2026-03-31 |
| 損害保険ジャパン株式会社 | Major shareholder | 2.0% | 2026-03-31 |
| ＲＥ ＦＵＮＤ １０７－ＣＬＩＥＮＴ ＡＣ （常任代理人 シティバンク、エヌ・エイ東京支店） | Major shareholder | 2.0% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第11期(2025/04/01－2026/03/31) | S100YHAQ | 2026-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YHAQ,, |
| 有価証券報告書－第10期(2024/04/01－2025/03/31) | S100W2A6 | 2025-06-24 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W2A6,, |
| 訂正有価証券報告書－第9期(2023/04/01－2024/03/31) | S100UO5R | 2024-11-08 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100UO5R,, |
| 有価証券報告書－第8期(2022/04/01－2023/03/31) | S100R9B8 | 2023-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R9B8,, |
| 有価証券報告書－第7期(令和3年4月1日－令和4年3月31日) | S100OKPE | 2022-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OKPE,, |
| 有価証券報告書－第6期(令和2年4月1日－令和3年3月31日) | S100LVE0 | 2021-06-30 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LVE0,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).