Sompo Holdings Inc U/Adr (SMPNY) Q3 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.013 Very nice to see you all. 00:00:05.741 -- 00:00:10.870 So today we have business CEOs and I'd like 00:00:10.870 -- 00:00:16.099 to talk about the whole group first and then each business is going to be explained 00:00:16.099 -- 00:00:18.860 by each CEO. 00:00:19.144 -- 00:00:23.047 Let us start with the executive summary. 00:00:23.151 -- 00:00:27.183 So it's a busy page in short. 00:00:27.183 -- 00:00:31.065 As far as numbers are concerned, we are on track. 00:00:31.065 -- 00:00:33.448 That's my understanding. 00:00:36.886 -- 00:00:42.674 and we have about 15 billion yen upward 00:00:42.674 -- 00:00:44.356 revision 00:00:44.356 -- 00:00:47.661 of the the full year forecast 00:00:47.661 -- 00:00:51.025 compared to the original forecast 00:00:51.025 -- 00:00:56.413 and risk is reducing but when we look at external factors there are some 00:00:56.413 -- 00:00:59.477 inflational pressure 00:00:59.477 -- 00:01:02.081 and there are other factors 00:01:02.081 -- 00:01:04.565 of headwind, 00:01:04.565 -- 00:01:09.674 and each business is not complacent, not satisfied 00:01:09.674 -- 00:01:14.622 with the current status, and we'd like to control both risks. 00:01:14.622 -- 00:01:17.083 Let's move on. 00:01:18.609 -- 00:01:21.654 First, share prices. 00:01:21.654 -- 00:01:26.703 Finally, we have achieved adjusted PBR of 00:01:26.703 -- 00:01:28.287 one. 00:01:28.287 -- 00:01:31.008 When I became CEO, 00:01:31.510 -- 00:01:36.755 I talked with many people about PBR and ROE. 00:01:36.755 -- 00:01:41.119 I was asked to talk about PBR and ROE. 00:01:41.119 -- 00:01:43.381 And PBR1, 00:01:43.381 -- 00:01:47.424 when I was asked about PBR1, 00:01:47.424 -- 00:01:52.967 I said I didn't really stick to that idea, and I was 00:01:53.049 -- 00:01:55.9...