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Our Response to the Stewardship Code

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

Partnerships

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 29 countries and regions worldwide, including North America, Europe, the Middle East, Asia, Latin America and Oceania. 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 FY2024>(Millions of yen)
Company name Country
/Region
Primary activities Number of employees Revenue*1 Amount of tax paid*2*4 Income taxes payable
Sompo Holdings, Inc. Japan Insurance Holding Company 467 13,809 25,787 13,990
Sompo Japan Insurance Inc.*4 Japan Domestic P&C Insurance 20,039 2,561,336 113,198 78,061
Sompo Direct Insurance Inc. Japan Domestic P&C Insurance 1,110 71,892 △902 17
Mysurance Inc. Japan Small-amount, Short-term Insurance 24 1,250 △64 1
Sompo Japan Partners Inc. Japan Insurance agency 1,530 14,399 264 185
Sompo Himawari Life Insurance Inc. Japan Domestic Life Insurance 2,697 254,716 8,315 5,111
Sompo Credit Inc. Japan Credit card 55 1,092 37 30
Prime Assistance Inc. Japan Assistance 997 12,437 172 4
Sompo Care Inc.*3 Japan Nursing Care 12,931 160,017 3,277 1,981
ND Software Co.,Ltd.*3 Japan Nursing Care 1,147 21,352 1,324 779
Sompo Risk Management Inc. Japan Risk Consulting and Cyber Security 397 7,494 231 183
Sompo Health Support Inc. Japan Healthcare 292 6,137 373 168
Sompo Asset Management Co.,Ltd. Japan Asset Management 187 12,981 673 325
Sompo Warranty Inc. Japan Extended Warranty 82 8,826 9 9
SOMPO Light Vortex Inc. Japan Digital 35 611 2,103 2,130
Sompo Japan DC Securities Inc. Japan Defined-contribution Pension Plans 180 4,257 432 251
Sompo International Holdings Ltd.*3*4 U.S.A., Canada, U.K., Bermuda, Luxembourg, Italy, Turkey, Hong Kong, Taiwan, Singapore, Indonesia, Malaysia, Thailand, Brazil Overseas Insurance 7,424 2,216,477 35,601 10,359
Sompo Insurance China Co., Ltd. China Overseas Insurance 194 11,227 354 140
Total 49,788 5,380,310 191,184 113,724
  1. The following figures are shown as Revenue.
    Insurance companies: Amount of insurance income (before consolidation adjustments)
    Other companies: Amount of other operating revenues (before consolidation adjustments)
  2. The amount of tax paid differs from the actual amount of tax payment.
  3. 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)
  4. 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 Inc. (due to sales at overseas branches, etc.)
    Sompo International Holdings Ltd. (including affiliated companies) (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.
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