Sompo Holdings Inc Domestic Life/Nursing Care & Senior Business IR Meeting Transcript

Jul 19, 2021 / 06:30AM GMT
Yasuhiro Oba - Sompo Holdings, Inc. - CEO of Domestic Life Insurance Business & Executive Officer

Thank you. I am Oba, CEO of Domestic Life Insurance Business. Thank you very much for taking a busy time out of your schedule to join us today. We have only limited time, but we'd like to talk about our efforts so that you can understand it. And we hope that this meeting will be helpful to you. Thank you.

So I'd like to spend about 15 minutes to talk about Domestic Life Insurance Business. Please refer to Page 4 of the presentation material. So let's look back at the previous midterm management plan. As we mentioned, as for the adjusted profit, in 2015, as a beginning, the 2.1% C-A-G-R, CAGR was achieved and positive 5.0% in terms of the MCEV. At the bottom, you see the overall Sompo Group trend of the profit as a whole. There were some variabilities, but the domestic life business have had a very stable adjusted profit, and steady growth was achieved. And we played a role of doing so.

Next, moving on to Page 5. During the former midterm management plan, there were 2 major pillars. One

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