Sompo (8630) Q2 2026 earnings summary

Executive summary

• Adjusted consolidated profit for 1H FY2025 reached ¥247.4 billion, up ¥78.1 billion year-over-year, achieving 68% of the initial full-year forecast and marking a record high.

• Consolidated net income for 1H FY2025 was ¥360.4 billion, up ¥177.8 billion year-over-year, also a record high.

• Comprehensive income surged to ¥763.9 billion from ¥150.0 billion year-over-year.

• Full-year FY2025 adjusted consolidated profit is forecast at ¥440.0 billion, up ¥77.0 billion from the initial forecast, with consolidated net income expected at ¥540.0 billion, up ¥205.0 billion from the initial forecast.

• Shareholder return for 1H FY2025 was ¥145.5 billion, including ¥77.0 billion in share buybacks; full-year return is forecast at ¥250.0 billion.

Financial highlights

• Insurance revenue for 1H FY2025 was ¥2,644.5 billion, up ¥63.5 billion year-over-year.

• Domestic P&C adjusted profit for 1H FY2025 was ¥113.9 billion, up ¥54.7 billion year-over-year, mainly due to fewer major natural catastrophes and improved fire insurance profitability.

• Overseas adjusted profit for 1H FY2025 was ¥112.7 billion, up ¥20.7 billion year-over-year, supported by fewer natural disasters and higher investment income.

• Net income before tax more than doubled to ¥465.4 billion from ¥222.2 billion year-over-year.

• Total assets grew to ¥16,356.5 billion from ¥15,890.0 billion as of March 31, 2025.

Outlook and guidance

• Full-year adjusted consolidated profit is projected at ¥440.0 billion, a record high, with consolidated net income forecast at ¥540.0 billion, up 122.1% from the previous year.

• Basic earnings per share for the full year is projected at ¥591.68.

• Annual dividend forecast is ¥150.00 per share, up from ¥132.00 in the previous year.

• Shareholder return for FY2025 is forecast at ¥250.0 billion, reflecting increased profit and higher strategic shareholding reductions.

• Fire insurance profitability improvements are expected to continue into next fiscal year as policies roll over.