JP:7040Stock Price

Market cap
¥7.2B
P/E ratio
7.5x
Sun Life Holding manages 12 subsidiaries providing hotel, wedding, funeral, pet memorial, and elderly care services across Japan through regional operations.

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Business Overview

Sun Life Holding is a holding company that manages its group subsidiaries. The company consists of 12 consolidated subsidiaries, including its wholly owned subsidiary Sun Life Co., Ltd., and one equity method non-applicable company. These enterprises provide various services to regional customers and members through mutual aid association operations managed by Sun Life Members.

Sun Life Holding's business segments are divided into hotel and bridal services, funeral and memorial services, care services, pet funeral services, and other services. In the hotel business, Sun Life Service Co., Ltd. operates hotels, comprehensive wedding venues, and e-commerce operations.

In the ceremonial services business, Sun Life Co., Ltd., SEC Co., Ltd., Pet Ceremony Wavey Co., Ltd., and Takao Mountain Tourism Development Co., Ltd. operate funeral halls, Buddhist altar shops, memorial halls, perform embalming services, provide pet funeral services, and manage memorial parks. This addresses a wide range of customer needs.

Care services are handled by Sun Life Co., Ltd., The Sun Power Co., Ltd., and Clover Co., Ltd. These companies operate home care support services, short-term residential and day-service care facilities, care-inclusive paid nursing homes, and housing-type paid nursing homes.

Other businesses include Sun Life Members Co., Ltd., Sun Ceremony Co., Ltd., Moshian Micro Insurance Co., Ltd., Total Life Support Research Institute Co., Ltd., and Skill Co., Ltd. These companies operate mutual aid associations, provide micro insurance services, conduct research and development in ceremonial services, and offer cleaning services.

Management Policy

Sun Life Holdings places customers first and aims for sustainable growth and increased corporate value. To respond to rapid demographic shifts toward fewer children and an aging population, as well as structural changes in industry, the company is reorganizing its business portfolio as a holding company and establishing a framework for swift management decisions.

The company prioritizes strengthened governance by enhancing the board of directors' supervisory functions to reinforce compliance and risk management systems. It also promotes management practices that consider CSR, ESG, and SDGs, aiming to be a corporate group that fulfills social responsibility.

To strengthen its business foundation, the company is restructuring its business model. In the hotel and bridal business, it is improving added value and strengthening e-commerce operations. In the ceremonial services business, it is rebuilding brand strategy. In the care services business, it is reinforcing service systems and expanding senior life support.

In the mutual aid business, the company is developing products and services tailored to customer needs and expanding its customer base through online consultation and reservation system implementation. It is also launching new businesses in cemetery services and cleaning operations to enhance synergies with existing operations.

To strengthen its management foundation, the company is advancing business reorganization through holding company restructuring while prioritizing talent acquisition and development. It is introducing job-based employment systems to promote hiring of specialized personnel. It is also pursuing new investments through M&A and digital transformation initiatives to create growth scenarios.

The company is refining budget and profit management and enforcing rigorous cost control, emphasizing cash flow-focused management. Through these efforts, it aims to improve labor productivity and boost employee motivation to achieve sustainable growth.