SOMPO group vision and
the Mid-Term Management Plan
For a future of "Health, Wellbeing & Financial Protection″, the Group is developing into a corporate group that continues to deliver services.
Achieve the vision as soon as possible by “Increasing resilience” and “Connecting with customers and delivering connected services” under the Mid-Term Management Plan (FY2024-2026), while addressing the latest challenges.
Domestic P&C Insurance
Improve stability and flexibility as well as profitability and transform into a resilience business structure
Mid-Term Management Plan KPI
- IFRS basis, Converted target (8%) based on old standards (J GAAP basis) to IFRS
- Old standards (JGAAP basis)
Overseas Insurance
Adjusted profit is expected to grow supported by expanding underwriting income and higher net investment income
Mid-Term Management Plan KPI
Domestic Life Insurance
The domestic life insurance business is expected to generate stable profits by focusing on insurance and service, increasing the number of customers, and strengthening health support
Mid-Term Management Plan KPI
- No. of policies in force + health-related service users
- IFRS adjusted profit / IFRS net assets
- Contractual Service Margin : The present value of the future profit of the new contract, which is a future source of profit
Nursing Care
SOMPO will lead efforts to reform the nursing care industry, such as by improving quality and efficiency of operations by utilizing data and digital technologies, etc.
Mid-Term Management Plan KPI
- IFRS basis (FY2023 figure is estimated)
