Sompo Holdings, Inc. (8630) Stock Price

SOMPO Holdings is an insurance holding company with diverse business segments. Its main operations include domestic property and casualty insurance, overseas insurance, domestic life insurance, long-term care services, extended warranties, digital-related businesses, and asset management. These operations are supported by 134 subsidiaries and 22 affiliated companies.

In domestic property and casualty insurance, SOMPO Holdings offers a wide range of insurance products including auto and fire insurance. This supports risk management for individuals and businesses. In overseas insurance, the company leverages its global network to provide insurance services tailored to the needs of each country.

In domestic life insurance, the company provides life insurance products that offer coverage suited to customers' life stages. In long-term care services, the company operates care facilities and provides in-home care services to address an aging society. This contributes to improving community welfare.

In extended warranty services, the company provides coverage extensions for appliances, automobiles, and other products to give customers peace of mind. In digital-related businesses, the company uses cutting-edge technology to improve insurance operations and develop new services.

In asset management, the company provides asset management services to support customers' wealth building. Through these diverse operations, SOMPO Holdings delivers comprehensive services that address the varied needs of its customers.

SOMPO Holdings aims to provide "peace of mind, safety, and health" beyond the insurance industry. Under this mission, the company has developed a medium-term management plan to drive sustained improvement in corporate value. In particular, the company is advancing transformation to enhance operational soundness and profitability in domestic and international insurance operations.

In its medium-term management plan (fiscal years 2024–2026), SOMPO Holdings has set two key priorities: "further strengthening resilience" and "connecting and building relationships." The company has established specific numerical targets: adjusted consolidated ROE of 13–15% and adjusted EPS growth rate exceeding 12% annually, and is working toward their achievement.

In domestic property and casualty insurance, the company is advancing initiatives to enhance operational soundness and profitability. In international insurance operations, the company plans to improve underwriting profit and expand geographically, with global asset management performance also supporting profit growth. As a result, adjusted consolidated profit for fiscal year 2024 reached 323.4 billion yen.

SOMPO Wellbeing is expanding the deployment of Insurhealth® to extend healthy life expectancy. In its nursing care business, the company is focusing on productivity improvements with quality assurance, while enhancing service offerings and profitability. Through these initiatives, the company is pursuing sustainable growth.