Sompo Holdings Inc U/Adr (SMPNY) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

My name is Okamura, Group CEO. Thank you very much for joining us today despite your tight schedule. the reorganisation of the group, Simple Beyond Sea and Wellbeing. This is the very first IRL meeting after the reorganisation and the top business tops of each of the businesses are here with us today to talk about progress that they have made. Please look at page three. So this is an executive summary, actuals of FI 2024 and the progress on the management plan and the long-term vision toward 2030. Starting with the actuals of 2024, for metrics, for numbers, we have made very strong progress. That said, We were helped in many cases by external factors, so we need to continue to increase resilience so that we can achieve health, well-being and financial protection of the other Sumpo countries. Fortunately, for two consecutive years, since the launch of the holdings, we hit the record high, the perfect, and also we renewed the highest share for 29 times. And we would like to maintain this momentum. As to the mid-term management plan, we have two goals, ROE, improvement of ROE, and EPS growth. We are making lots of efforts on these two fronts. As to EPS growth, our pace is faster than our expectation. As to ROE, as I'm going to touch upon later, there's some challenging part left. We would like to take risks while making a gross investment to achieve absolutely this LOE target as well. On the long run, long-term vision, last fiscal year, we made a promise. Namely, by 2030, we are going to double the adjusted profit and double the market cap. The 500 billion yen for the adjusted consolidated profit and 6 trillion yen level for market cap. So the increased resilience and connect and be connected to these initiatives should be accelerated. That's important. And I'm going to...