Finance

Sompo Holdings, Inc.

In the news

Japan execs' million-dollar club shrinks for first time in 8 years Jul 3, 2020
Sompo Japan to offer cyberattack insurance with variable premiums Jun 24, 2020
Japan scouts more Asian players for TPP to cut China dependence Mar 21, 2020
In sharing economy's bad year, Japan startup goes out with a bang Dec 21, 2019
Typhoons and floods wreak havoc on Japan's big three insurers Nov 20, 2019

See more articles on 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 2021	JPY	USD
Revenue	3,646.64B	34,383.67M
Gross Profit	--	--
Operating income	189,714M	1,788.78M
Income before tax	194,937M	1,838.03M
Net income	142,483M	1,343.45M
EBITDA	--	--
Diluted EPS	397.16	3.74
Dividends Per Share	170	1.60
Total Assets	13,118.65B	118,720.87M
Total liabilities	11,087.48B	100,339.19M
Total equity	2,018.82B	18,269.93M
Operating cash flow	626,202M	5,904.36M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Revenue	3,250.14B	3,602.62B	3,478.10B	3,582.94B	3,646.64B
Gross Profit	--	--	--	--	--
Operating income	220,275M	118,352M	178,564M	173,563M	189,714M
Income before tax	231,989M	114,336M	202,029M	177,191M	194,937M
Net income	166,403M	139,816M	146,625M	122,516M	142,483M
EBITDA	--	--	--	--	--
Diluted EPS	418.71	361.09	391.97	333.89	397.16
Dividends Per Share	90	110	130	150	170
Total Assets	11,931.13B	11,948.32B	12,018.25B	11,977.83B	13,118.65B
Total liabilities	10,062.19B	10,032.10B	10,238.34B	10,365.24B	11,087.48B
Total equity	1,803.90B	1,888.51B	1,758.51B	1,597.55B	2,018.82B
Operating cash flow	362,920M	246,433M	78,772M	356,446M	626,202M

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021
Revenue	30,014.03M	32,505.10M	31,364.06M	32,953.94M	34,383.67M
Gross Profit	--	--	--	--	--
Operating income	2,034.16M	1,067.84M	1,610.21M	1,596.33M	1,788.78M
Income before tax	2,142.34M	1,031.61M	1,821.80M	1,629.70M	1,838.03M
Net income	1,536.67M	1,261.50M	1,322.20M	1,126.83M	1,343.45M
EBITDA	--	--	--	--	--
Diluted EPS	3.86	3.25	3.53	3.07	3.74
Dividends Per Share	0.83	0.99	1.17	1.37	1.60
Total Assets	107,072.91M	112,349.04M	108,580.70M	110,952.11M	118,720.87M
Total liabilities	90,300.59M	94,331.04M	92,499.83M	96,014.52M	100,339.19M
Total equity	16,188.65M	17,757.57M	15,887.53M	14,798.30M	18,269.93M
Operating cash flow	3,351.44M	2,223.47M	710.33M	3,278.39M	5,904.36M

Valuation Measures

Mar 2021
PER	10.67
ROA	1.13%
ROE	7.87%
Operating margin	5.20%
Profit margin	3.90%

Key executives

President, Group CEO & Representative Director: Kengo Sakurada
Group COO, Representative Director & EVP: Shinji Tsuji
Group Chief Financial Officer: Masahiro Hamada
Senior EVP & Chairman-Overseas M&A: Nigel Frudd
Executive Vice President: Yuji Kawauchi

Shareholders

First Eagle Investment Management LLC (5.8%)
Nomura Asset Management Co., Ltd. (5.3%)
Norges Bank Investment Management (3.1%)
Sompo Holdings Employee Stock Ownership Plan (2.5%)
The Vanguard Group, Inc. (2.3%)
Daiwa Asset Management Co. Ltd. (1.8%)
Nikko Asset Management Co., Ltd. (1.8%)
BlackRock Fund Advisors (1.6%)
Nippon Express Co., Ltd. (1.4%)
Dai Ichi Life Insurance Pension Fund (1.2%)

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

Related Companies

Sompo - Sompo Japan Nipponkoa Large Cap Value (FoFs) (Inst.)
Endurance Global Weather Risk Advisors Ltd.
Sompo Aux, Inc.
Sompo Holdings US Group (AMBDSG)
Sompo Communications KK
Mysurance, Inc.
NKSJ Holdings UK Group (DSG)
Sompo Japan US Group (DSG)
Endurance Specialty Group (DSG)
Endurance US Operations (DSG)
Sompo Holdings US Group (DSG)
SOMPO Digital Lab, Inc.
SI Insurance (Europe) SA
Sompo Risk Management & Health Care, Inc.
Sompo Japan Nipponkoa DC Securities, Inc.
Yasuda Maritima Saude Seguros SA
Sonpo 24 Insurance Co., Ltd.
Sompo International Holdings Ltd.
PT Sompo Insurance Indonesia
Sompo Holdings Board Incentive Plan
Sompo Japan Nipponkoa Insurance Services, Inc.
Sompo Japan Nipponkoa Insurance Co., Inc.
Sompo Japan Nipponkoa Research Institute, Inc.
Sompo Japan Canopius Reinsurance AG
Sompo Care Next, Inc.
Sompo Japan Nipponkoa Insurance, Inc. (Vietnam)
Sompo Japan System Solutions (Dalian) Co. Ltd.
Sompo Holdings (Asia) Pte Ltd.
Sompo America Holdings, Inc.
Sompo Japan Nipponkoa System Solutions (Dalian) Co. Ltd.

Competitors

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

Last Updated on 3 Dec, 2021