Advance Create
Basic Information
- Stock Code
- 8798
- Industry
- Insurance
- Category Detail
- Insurance
- Prefecture
- Osaka Prefecture
- Establishment Year
- October 1995
- Listing Year
- April 2002
- Official Website
- https://www.advancecreate.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
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Overview
Advance Create is an insurance agency specialist company established in 1995 and based in Osaka, with strengths in hybrid sales combining mail-order and face-to-face sales.
Current Situation
Advance Create recorded consolidated sales of approximately 7.8 billion yen for the fiscal year ending September 2024, but operating profit was a loss of about 700 million yen, with ordinary profit and net profit also in the red. The main business is insurance agency operations, deploying mail-order channels and small face-to-face stores to serve a wide customer base. The group includes subsidiaries such as Insurance Market, and is focusing on new service expansions like online specialist sales bases. It is listed on the Tokyo Stock Exchange Prime Market and also participates in the Fukuoka and Sapporo Stock Exchanges. As an agent for various life and non-life insurance companies, it handles a diverse range of products, and in recent years has been working on expanding customer touchpoints using IT. Financially, improving the balance of assets and liabilities is a challenge, and achieving profitability through efficient operations is the focus going forward. In the intensely competitive insurance industry, it aims for differentiation and sustainable growth through strategies such as DX promotion and new product development. In the future, it seeks to enhance corporate value through strengthening revenue base and improving customer experience.
Trivia
Interesting Facts
- Relatively young insurance agency company established in 1995.
- Rare agency system strong in both mail-order and face-to-face sales.
- Operates subsidiary Insurance Market, focusing on online sales.
- Paid-in capital of 2.9 billion yen, mid-tier in the insurance agency industry.
- Rare listed company listed on multiple stock exchanges nationwide.
- Handles a wide range of products from multiple life and casualty insurance companies.
- Head office in Chuo-ku, Osaka, with regional-focused management.
- Group also holds subsidiary engaged in reinsurance business.
- Consolidated sales of approximately 7.8 billion yen, mid-sized market player.
- Recent settlements show operating and net profit losses, with profitability improvement as a challenge.
- Advancing sales efficiency through IT system renewal.
- Sales strategy complementing weaknesses of small physical stores and online systems.
- Responds to customer needs with diverse insurance product lineup.
- Comprehensive corporate welfare insurance is one strength in the corporate market.
- Operates call center focused on customer support.
Hidden Connections
- Group company Insurance Market serves as the core base for online mail-order sales.
- Strengthens risk management capabilities through subsidiary's reinsurance business.
- High ownership ratio by management among major shareholders contributes to management stability.
- Enriched product lineup through partnerships with multiple major casualty insurers.
- Rare company listed on Tokyo, Fukuoka, and Sapporo Stock Exchanges.
- Differentiates by coexisting online and offline sales channels.
- Nationwide expansion in sight despite Osaka headquarters.
- Promoting data-driven management in sales division through IT system renewal.
Future Outlook
Growth Drivers
- Strengthening integration of online sales and face-to-face stores
- Improving sales efficiency through IT utilization
- Market expansion in corporate welfare insurance
- Promotion of digital transformation
- Providing diverse insurance products adapted to customer needs
- Enhancing planning and development capabilities for new services and products
- Strengthening customer base through regional-focused services
- Enhancing risk management through reinsurance business
- Further expansion of Insurance Market platform
- Optimizing marketing through customer data analysis
- Strengthening sustainability activities
- Improving human resources through enhanced employee education and training
Strategic Goals
- Balancing sales ratio between mail-order and face-to-face channels
- 30% business efficiency improvement through IT system integration
- Doubling sales in corporate insurance business
- Expanding online customer base fivefold
- Sustainable management incorporating environmental and social considerations
- Establishing and achieving profitability in new business areas
- Improving customer satisfaction across the group
- Systematizing and expanding community contribution activities
- Expanding market share and strengthening competitiveness
- Establishing an attractive corporate constitution for investors and customers
Business Segments
Agency Support Services
- Overview
- Provides various support services to streamline agency sales.
- Competitiveness
- Industry-specialized expert support and IT utilization
- Customers
-
- Insurance Agencies
- Sales Staff
- Consultants
- Products
-
- Sales Support System
- Customer Management Tool
- Sales Promotion Materials
Corporate Welfare Insurance
- Overview
- Provides welfare insurance for corporate employees.
- Competitiveness
- Customizable product design
- Customers
-
- Small and Medium Enterprises
- Large Corporations
- Group Business Owners
- Products
-
- Group Life Insurance
- Group Casualty Insurance
- Pension-Related Products
Online Sales Platform
- Overview
- Operates an insurance sales platform centered on online mail-order.
- Competitiveness
- User-friendly UI and diverse product lineup
- Customers
-
- Individual Customers
- Small and Medium Enterprises
- Insurance Intermediaries
- Products
-
- Insurance Market Website
- Smart Consulting Plaza
Risk Management Consulting
- Overview
- Provides risk analysis and insurance proposal services for corporate customers.
- Competitiveness
- Extensive industry knowledge and practical expertise
- Customers
-
- Corporations
- Local Governments
- Medical Institutions
- Products
-
- Risk Assessment Services
- Insurance Design Advice
- Accident Response Support
Insurance Product Planning and Development Support
- Overview
- Conducts product planning and sales strategy support for insurance companies.
- Competitiveness
- Planning capabilities aligned with market trends
- Customers
-
- Life and Non-Life Insurance Companies
- Insurance Intermediaries
- Products
-
- New Product Planning Consulting
- Market Research
- Sales Strategy Development
IT System Development and Operation
- Overview
- Develops and supports IT systems for the insurance industry.
- Competitiveness
- Industry-specialized system development experience
- Customers
-
- Insurance Agencies
- Insurance Companies
- Products
-
- Sales Support System
- Customer Management System
- Data Analysis Tools
Education and Training Services
- Overview
- Provides education and training to strengthen insurance sales capabilities.
- Competitiveness
- Instructors with extensive practical experience
- Customers
-
- Sales Employees
- Agency Staff
- Managers
- Products
-
- Sales Skills Training
- Product Knowledge Education
- Management Training
Customer Support and Call Center
- Overview
- Deploys customer response call center services.
- Competitiveness
- Prompt and courteous support system
- Customers
-
- Individual Customers
- Corporate Customers
- Products
-
- Contract Information Guidance
- Accident Reception Services
- Product Consultation Support
Reinsurance-Related Business
- Overview
- Supports risk diversification through reinsurance services.
- Competitiveness
- Extensive reinsurance network
- Customers
-
- Life and Non-Life Insurance Companies
- Insurance Brokers
- Products
-
- Reinsurance Contract Intermediation
- Risk Analysis
- Contract Management
Marketing Support Services
- Overview
- Marketing services supporting sales promotion and customer acquisition.
- Competitiveness
- Planning capabilities leveraging industry knowledge
- Customers
-
- Insurance Agencies
- Insurance Companies
- Products
-
- Promotion Planning
- Customer Analysis
- Market Research Reports
Health Check and Health Support Business
- Overview
- Provides services supporting health maintenance and insurance risk reduction.
- Competitiveness
- Integrated support utilizing insurance knowledge
- Customers
-
- Corporations
- Individuals
- Products
-
- Health Check Services
- Lifestyle Improvement Programs
- Insurance-Linked Health Services
Legal and Compliance Support
- Overview
- Specialized support services for insurance business regulations.
- Competitiveness
- Extensive practical experience and legal knowledge
- Customers
-
- Insurance Agencies
- Insurance Companies
- Products
-
- Regulatory Compliance Consulting
- Internal Audit Support
- Risk Management Programs
Competitive Advantage
Strengths
- Hybrid sales system combining mail-order and face-to-face
- Industry-specialized expertise and experienced sales team
- Efficient sales support system utilizing IT
- Diverse insurance product lineup within the group
- Establishment of online specialist sales bases
- Partnerships with a wide range of casualty and life insurance brands
- Regional customer base centered on Osaka
- Trust and transparency as a listed company
- Marketing leveraging extensive customer data
- Specialized training system for sales staff
- Utilization of Insurance Market platform
- Risk diversification system including reinsurance business
- Comprehensive corporate services
- Sophisticated customer relationship management (CRM) strategy
- Strict accounting management by audit firms
Competitive Advantages
- Unique sales channels combining mail-order and face-to-face sales
- Online sales strength through collaboration with subsidiaries like Insurance Market
- System capable of providing specialized risk consulting
- Strong partnerships with diverse life and casualty insurance brands
- Advanced sales efficiency and customer management via IT systems
- Discipline and financial transparency as a listed company
- High proposal capabilities for corporate welfare insurance
- Capable of risk diversification through reinsurance-related operations
- Fine-tuned response with small stores in regional-focused sales expansion
- Well-developed education and training for sales staff, high skill levels
- Able to propose diverse insurance products tailored to customer needs
- Secures customer touchpoints both online and offline
- Differentiation from competitors via agency support services
- Comprehensive proposal capabilities including risk management for corporate customers
- Rapid response to market trends leveraging partnerships
Threats
- Intensifying price competition due to increasing competitor insurance agencies
- Risk of lost sales opportunities from delays in digitalization
- Complication of business operations due to strengthened regulations
- Decline in profit margins from insurance premium reduction pressures
- Decrease in policyholders due to deteriorating economic environment
- Risk of business suspension from IT system failures
- Market share capture by new entrants
- Intensifying competition in online sales channels
- Increased damage compensation risks from rising natural disasters
- Security risks such as customer data leaks
- Market size contraction due to population decline
- Delays in responding to diversifying customer insurance needs
Innovations
2021: Opening of Online Specialist Sales Base
- Overview
- Opened Insurance Market Smart Consulting Plaza to strengthen online sales.
- Impact
- Expanded customer touchpoints and increased digital channel usage rate.
2023: Renewal of Sales Support IT System
- Overview
- Introduced latest CRM and business efficiency tools to enhance sales capabilities.
- Impact
- 25% improvement in sales efficiency, contributing to better customer satisfaction.
2022: Start of Handling New Insurance Products
- Overview
- Expanded lineup by handling new products from FWD Life and other life insurers.
- Impact
- Strengthened market competitiveness and expanded response to customer needs.
2020: Launch of Risk Management Consulting Business
- Overview
- Launched risk assessment and insurance design services for corporate customers.
- Impact
- Expanded corporate customer base and diversified revenue sources.
2024: Introduction of Multi-Channel Sales Integration Platform
- Overview
- Developed sales management system integrating mail-order, face-to-face, and online.
- Impact
- Contributes to overall customer management efficiency and sales growth.
Sustainability
- Promoting paperless operations to reduce environmental impact
- Aiming to reduce CO2 emissions through business efficiency
- Insurance education and life support activities for local communities
- Active utilization of diverse employment forms and diversity promotion
- Strengthening information security to protect customer data