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Sompo Holdings ( (JP:8630) ) has provided an announcement.
Sompo Holdings, Inc. reported a variance from its previous financial forecasts for the fiscal year ending March 31, 2025, with a notable increase in ordinary income by 10.5% year-on-year. This growth was driven by a rise in net premiums written and investment income, particularly from its domestic P&C and overseas insurance businesses, leading to higher than anticipated profits and net income attributable to shareholders.
The most recent analyst rating on (JP:8630) stock is a Buy with a Yen5270.00 price target. To see the full list of analyst forecasts on Sompo Holdings stock, see the JP:8630 Stock Forecast page.
More about Sompo Holdings
Sompo Holdings, Inc. operates in the insurance industry, focusing primarily on property and casualty (P&C) insurance services both domestically and internationally. The company is known for its comprehensive insurance solutions and has a significant presence in the global insurance market.
Average Trading Volume: 3,062,205
Technical Sentiment Signal: Buy
Current Market Cap: Yen4550.6B
For an in-depth examination of 8630 stock, go to TipRanks’ Stock Analysis page.