Japan’s Stewardship Code
Sompo Japan and Sompo Asset Management have declared their endorsement of Japan’s Stewardship Code, called the Principles for Responsible Institutional Investors, and have disclosed detailed policies on their official websites.
This code calls on institutional investors to enhance the corporate value and support the sustainable growth of investee companies. Dialogue with investee companies is based on a clear understanding of the significance and importance of this initiative.
Global Business Expansion
Our Group pursues fair profits and pays the appropriate taxes.
Fulfilling our social responsibility through paying the appropriate taxes.
We will respect the position of all stakeholders and strive to fulfill our social responsibility as a company by achieving the appropriate tax burden under the tax laws applied to countries and regions where our business activities are developed.
We boast a global business network encompassing 28 countries and regions, including Europe, the Middle East, North America, Central and South America, Asia, Oceania and Africa. Our employees are engaged in insurance underwriting, claim handling, risk engineering and other services. Through our organic growth and disciplined investments, we aim for sustainable development and improving value for shareholders.
<Financial Data of Consolidated Companies for FY2022>(Millions of yen)
Company name |
Country/Region |
Number of employees |
Ordinary income*1 |
Ordinary profit*2 |
Income taxes and inhabitant taxes*3 *7 |
Sompo Holdings, Inc. |
Japan |
506 |
15,473 |
△18,684 |
△3,991 |
Sompo Japan Insurance Inc. |
Japan |
21,151 |
2,225,532 |
71,476 |
14,436 |
SAISON AUTOMOBILE AND FIRE INSURANCE COMPANY, LIMITED |
Japan |
1,009 |
64,447 |
△880 |
16 |
Mysurance Inc. |
Japan |
22 |
618 |
△605 |
△121 |
Sompo Japan Partners Inc. |
Japan |
1,318 |
14,045 |
1,112 |
426 |
Sompo Himawari Life Insurance Inc. |
Japan |
2,636 |
310,834 |
2,600 |
339 |
Sompo Care Inc.*4 |
Japan |
12,790 |
151,595 |
3,226 |
2,714 |
ND Software Co.,Ltd.*4 *5 |
Japan |
1,050 |
- |
- |
- |
Sompo Risk Management Inc. |
Japan |
360 |
6,736 |
750 |
277 |
Sompo Health Support Inc. |
Japan |
286 |
6,090 |
980 |
276 |
Sompo Asset Management Co.,Ltd. |
Japan |
174 |
11,581 |
1,738 |
523 |
Sompo Warranty Inc. |
Japan |
76 |
8,438 |
785 |
△14 |
SOMPO Light Vortex Inc. |
Japan |
50 |
3,054 |
233 |
△113 |
Sompo Japan DC Securities Inc. |
Japan |
162 |
3,457 |
736 |
234 |
Sompo International Holdings Ltd.*4 *6 |
U.S.A, U.K, Luxembourg, Italy, Switzerland, Spain, Germany, Singapore, Bermuda, Mexico |
7,213 |
1,376,859 |
59,180 |
16,728 |
Sompo Insurance China Co., Ltd. |
China |
194 |
8,707 |
1,650 |
508 |
Nipponkoa Insurance Company(China)Limited |
China |
60 |
473 |
△45 |
- |
Total |
49,057 |
4,207,940 |
124,253 |
32,237 |
- The following figures are shown as net sales.
Insurance companies: Amount of "Net premiums written" and "Life insurance premiums
Sompo Holdings, Inc.: Amount of "Ordinary revenues" (after deduction of dividends received from
subsidiaries)
Other companies: Amount of "Ordinary revenues" (before consolidation adjustments)
- Amount of "Ordinary income" in the consolidated statement of income of Sompo Holdings, Inc. (after consolidated
adjustment)
- Amount of "Income taxes and inhabitant taxes" in the consolidated statement of income of Sompo Holdings, Inc.
(on a recorded basis)
The amount of "Corporate income tax and inhabitant tax, etc." differs from the actual amount of tax payment.
- Figures for the following companies are on a consolidated basis.
Sompo Care Inc. (including affiliated companies)
ND Software Co.,Ltd. (including affiliated companies)
Sompo International Holdings Ltd. (including subsidiaries)
- ND Software Co., Ltd. became a direct subsidiary on February 28, 2023 through the acquisition of shares, but it
is not recorded in the consolidated statements of income because it is treated as an acquisition on the end of
the term (March 31, 2023) in the consolidated financial statements.
- Sompo International Holdings, Inc. includes the amounts of the subsidiaries.
- The country/region in which the company is located does not necessarily correspond to the country/region in
which sales are earned or tax paid.
In particular, for the following companies/groups, the country of domicile and the country of sales or tax
payment do not necessarily coincide for some amounts.
Sompo Japan Insurance (due to sales at overseas branches, etc.)
Sompo International Holdings (including its subsidiaries)
(Sompo International Holdings (including subsidiaries located in the U.S. etc., on a consolidated basis))
Due to the fact that the other companies are considered to have sales and tax payments in the countries where
they are located, but we do not have precise information on these companies.