Sompo Holdings Inc (FRA:ANK)
€ 25 0.4 (1.63%) Market Cap: 24.41 Bil Enterprise Value: 21.67 Bil PE Ratio: 7.54 PB Ratio: 1.36 GF Score: 70/100
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Q2 2020 Sompo Holdings Inc Earnings Call Transcript

Nov 19, 2019 / 08:00AM GMT
Release Date Price: €11.93 (-0.56%)
Unidentified Company Representative

Here is Nose of Sompo Holdings.

Osamu Nose
Sompo Holdings, Inc. - Head of IR and Finance Department

Thank you very much for joining us today for the conference call of Sompo Holdings. I'd like to explain about the fiscal year 2019 first half results as well as the full year forecast for the fiscal year.

As to the management strategies for the later half of the current MTP, our CEO and other management members will explain about it next week at analyst meeting.

Please go to Page 2. These are highlights of the first half of fiscal year 2019. Mainly driven by the rebound from the domestic natural disaster impact of the previous year, consolidated ordinary profit was JPY 63.7 billion or up JPY 35.9 billion and consolidated net income was JPY 43.9 billion or up JPY 21.7 billion. As to the full year results, we have reflected the status of domestic natural disaster which occurred in October in our numbers.

Full year forecast of consolidated ordinary profit was JPY 185 billion and consolidated net income of

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