Finance

Sompo Holdings, Inc.

Business Summary

Sompo Holdings, Inc. engages in the provision of insurance services. It operates through the following segments: Domestic Property and Casualty Insurance, Domestic Life Insurance, Overseas Insurance, Nursing Care and Healthcare, and Others. The Domestic Property and Casualty Insurance segment provides underwriting of property and casualty insurance, investment, and related services. The Domestic Life Insurance segment performs asset management and underwriting of life insurance. The Overseas Insurance segment handles the insurance underwriting and asset management business overseas. The Nursing Care and Healthcare segment provides nursing care services and healthcare services. The Others segment includes asset management business, risk management business and defined contribution pension business. The company was founded on April 1, 2010 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	3,968.10B	35,312.00M
Gross Profit	--	--
Operating income	286,122M	2,546.18M
Income before tax	317,632M	2,826.59M
Net income	224,843M	2,000.86M
EBITDA	--	--
Diluted EPS	643.86	5.72
Dividends Per Share	210	1.86
Total Assets	13,787.83B	113,596.99M
Total liabilities	11,747.04B	96,783.08M
Total equity	2,028.56B	16,713.20M
Operating cash flow	600,021M	5,339.56M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	3,602.62B	3,478.10B	3,582.94B	3,646.64B	3,968.10B
Gross Profit	--	--	--	--	--
Operating income	118,352M	178,564M	173,563M	189,714M	286,122M
Income before tax	114,336M	202,029M	177,191M	194,937M	317,632M
Net income	139,816M	146,625M	122,516M	142,483M	224,843M
EBITDA	--	--	--	--	--
Diluted EPS	361.09	391.97	333.89	397.16	643.86
Dividends Per Share	110	130	150	170	210
Total Assets	11,948.32B	12,018.25B	11,977.83B	13,118.65B	13,787.83B
Total liabilities	10,032.10B	10,238.34B	10,365.24B	11,087.48B	11,747.04B
Total equity	1,888.51B	1,758.51B	1,597.55B	2,018.82B	2,028.56B
Operating cash flow	246,433M	78,772M	356,446M	626,202M	600,021M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	32,505.10M	31,364.06M	32,953.94M	34,383.67M	35,312.00M
Gross Profit	--	--	--	--	--
Operating income	1,067.84M	1,610.21M	1,596.33M	1,788.78M	2,546.18M
Income before tax	1,031.61M	1,821.80M	1,629.70M	1,838.03M	2,826.59M
Net income	1,261.50M	1,322.20M	1,126.83M	1,343.45M	2,000.86M
EBITDA	--	--	--	--	--
Diluted EPS	3.25	3.53	3.07	3.74	5.72
Dividends Per Share	0.99	1.17	1.37	1.60	1.86
Total Assets	112,349.04M	108,580.70M	110,952.11M	118,720.87M	113,596.99M
Total liabilities	94,331.04M	92,499.83M	96,014.52M	100,339.25M	96,783.08M
Total equity	17,757.57M	15,887.53M	14,798.30M	18,269.93M	16,713.20M
Operating cash flow	2,223.47M	710.33M	3,278.39M	5,904.36M	5,339.56M

Valuation Measures

Mar 2022
PER	8.35
ROA	1.67%
ROE	11.11%
Operating margin	7.21%
Profit margin	5.66%

Key executives

Executive Chairman & Group Chief Executive Officer: Kengo Sakurada
President, Group COO & Representative Director: Mikio Okumura
Group Chief Financial & Strategy Officer: Masahiro Hamada
Senior EVP & Chairman-Overseas M&A: Nigel Frudd
Executive VP & GM-Global Business Planning: Yuji Kawauchi

Shareholders

Nomura Asset Management Co., Ltd. (5.3%)
Norges Bank Investment Management (5.2%)
First Eagle Investment Management LLC (4.3%)
Sompo Holdings, Inc. (3.9%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.6%)
Asset Management One Co., Ltd. (3.5%)
BlackRock Fund Advisors (2.8%)
Sompo Holdings Employee Stock Ownership Plan (2.4%)
The Vanguard Group, Inc. (2.3%)
BlackRock Japan Co., Ltd. (1.8%)

Contact Details

Website:http://www.sompo-hd.com
Address: 1-26-1 Nishi-Shinjuku, Shinjuku-Ku, Tokyo, 160-8338, Japan
Phone: +81.3.3349.3000

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Competitors

Arch Capital Group Ltd.
RLI Corp.
Asia Financial Holdings Limited
James River Group Holdings Ltd
Hallmark Financial Services, Inc.

Last Updated on 24 Mar, 2023