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Sompo Holdings (JP:8630)
:8630
Holding JP:8630?
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Earnings Data
Report Date
Feb 14, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
―Last Year’s EPS
193.35Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 19, 2018
|% Change Since: 19.33%
|Next Earnings Date:Aug 10, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a mix of achievements and challenges. While the company has reported strong financial performance and set strategic growth plans, it faces significant issues in its domestic operations and ongoing investigations related to Bigmotor and price fixing.Company Guidance
In the earnings call for Sompo Holdings, several key metrics and strategic directions were discussed. The executives highlighted an adjusted consolidated profit increase of JPY 82.3 billion in the first half, reaching JPY 133.2 billion, with a full-year forecast remaining at JPY 280 billion. The overseas insurance business contributed significantly, with strong investment income and a third-quarter preliminary report of JPY 46.9 billion profit. Domestically, auto insurance faced challenges with an increased accident rate and repair costs, prompting a revision in the loss ratio forecast to 66.3%. The adjusted consolidated profit for the domestic P&C business was down by JPY 21.5 billion, notably JPY 12.6 billion attributed to auto insurance. The company aims to address these challenges by implementing preventive measures, enhancing corporate governance, and focusing on strategic growth in both domestic and international markets. Key performance indicators such as ROE and EPS growth rate will be officially announced next spring, alongside a focus on maintaining corporate governance and sustainable profit growth.Increase in Adjusted Consolidated Profit
The adjusted consolidated profit increased by JPY 82.3 billion to JPY 133.2 billion, driven by rising interest rates and improved rates and underwriting.
Strong Overseas Insurance Performance
Overseas insurance business reported a profit of JPY 46.9 billion in the July-September period, with investment income and FX providing a positive impact.
Record High Adjusted Consolidated Profit
The adjusted consolidated profit is projected to reach a record high for the fiscal year, despite challenges in the domestic market.
Strategic Focus on Growth and Well-being
Sompo is focusing on creating a well-being platform targeting people in their 50s and 70s to address health, retirement, and long-term care anxieties.
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JP:8630 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JP:8630 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 19, 2024 | ¥3481.00 | ¥3564.00 | +2.38% |
| Aug 09, 2024 | ¥2907.79 | ¥2908.28 | +0.02% |
| May 20, 2024 | ¥3092.60 | ¥3078.83 | -0.45% |
| Feb 14, 2024 | ¥2654.87 | ¥2616.80 | -1.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Sompo Holdings (JP:8630) report earnings?
Sompo Holdings (JP:8630) is schdueled to report earning on Feb 14, 2025, TBA Not Confirmed.
What is Sompo Holdings (JP:8630) earnings time?
Sompo Holdings (JP:8630) earnings time is at Feb 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Sompo Holdings stock?
The P/E ratio of Sompo Holdings is N/A.
What is JP:8630 EPS forecast?
Currently, no data Available
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