Summary of results: MS&AD, Tokio Marine, Sompo | Insurance business America
Global insurers headquartered in Japan publish latest financial figures
Insurance News
By Terry Gangcuangco
Global insurers Tokio Marine, Sompo and MS&AD have published their latest financial results.
Japan-based corporations, whose fiscal year begins April 1 and ends March 31, reported the following financial results for the first nine months (April 1 to December 31).
|
Metric |
Tokyo Marine |
sompo |
I’M SAD |
|---|---|---|---|
|
Ordinary income |
5.6 trillion yen |
3.8 trillion yen |
4.9 trillion yen |
|
Decent profit |
589.8 billion yen |
432.4 billion yen |
¥386.6 billion |
|
Net income attributable to the owners of the parent company |
517.5 billion yen |
323 billion yen |
281.6 billion yen |
In the metrics mentioned above, all three companies recorded increases compared to the corresponding period in 2022.
Regarding consolidated earnings forecasts for fiscal year 2023 (April 1, 2023 to March 31, 2024), Tokio Marine expects net income of 670 billion yen attributable to the owners of the parent company; Sompo, ¥324 billion; and MS&AD, 280 billion yen.
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2024-02-15 05:00:00
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