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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 JPYUSD
Revenue3,968.10B35,312.00M
Gross Profit----
Operating income286,122M2,546.18M
Income before tax317,632M2,826.59M
Net income224,843M2,000.86M
EBITDA----
Diluted EPS643.865.72
Dividends Per Share2101.86
Total Assets13,787.83B113,596.99M
Total liabilities11,747.04B96,783.08M
Total equity2,028.56B16,713.20M
Operating cash flow600,021M5,339.56M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 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 2018Mar 2019Mar 2020Mar 2021Mar 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
PER8.35
ROA1.67%
ROE11.11%
Operating margin7.21%
Profit margin5.66%

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 Vice President: Yuji Kawauchi

Shareholders

  • Nomura Asset Management Co., Ltd. (5.3%)
  • Norges Bank Investment Management (5.0%)
  • First Eagle Investment Management LLC (4.3%)
  • 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. (2.4%)
  • Sompo Holdings, Inc. (2.1%)
  • Nikko Asset Management Co., Ltd. (1.9%)

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 Light Vortex, Inc.
  • Sompo Saude Seguros SA
  • 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 (P&C)
  • Endurance Specialty Group (P&C)
  • Endurance US Operations (DSG)
  • Sompo Holdings US Group (P&C)
  • SOMPO Digital Lab, Inc.
  • SI Insurance (Europe) SA
  • Sompo Risk Management & Health Care, Inc.
  • Sompo Japan Nipponkoa DC Securities, Inc.
  • 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.

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 18 Aug, 2022

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