Sompo Holdings Inc U/Adr (SMPNY) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, this is Tachiri, Group CFO of Sonpo Holdings. Thank you all for joining us today. I'll be walking you through what we have disclosed today, full year results for FY2025, full year forecast for FY2026, and the shareholder return. I will just give you main points. I will take questions after the explanation. So without further ado, please turn to page 3. It says Executive Summary. This page captures the highlights of today's presentation. Starting with FY2025, we delivered growth across all business segments. Profitability gains at sample B and C, in particular, were the driver of the group profit, lifting adjusted consolidated profit to 535.2 billion yen, up 211.8 billion year-on-year, and a new all-time high. Notably, this means we have achieved our FY2030 target of 500 billion yen well ahead of schedule. Looking ahead to FY2026, our adjusted consolidated profit on the NATCAT and other normalized basis is projected to grow by further 62.4 billion, again reaching a record high. The key growth drivers are continued profitability improvements in domestic BNC, along with meaningful earnings contributions from consolidation of Aspen in our overseas insurance business. Our shareholder returns remain committed to the policy outlined in our medium-term plan. Total returns for FY2025 dividends plus share buybacks will come to 281.6 billion yen. For FY2026, we are raising the dividend per share by 33% to 200 yen, which would mark our 13th consecutive year of dividend increases. The pages that follow will cover each of these points in more detail. Please turn to page 4. For FY 2025, as I said earlier, adjusted consolidated profit came in at $535.2 billion, up $211.8 billion year-on-year, and a new record high. In domestic P&C business, profit rose by 95.9 billion yen, wh...