Earnings Alerts

Sompo Holdings (8630) Earnings: Fiscal 2024 IFRS Report Shows Net Income of ¥335 Billion and ¥150 Dividend

  • Sompo HD reported its earnings for fiscal year 2024, adhering to International Financial Reporting Standards (IFRS).
  • The company expects a net income of 335.00 billion yen.
  • Projected dividends are set at 150.00 yen.
  • The current analyst recommendations consist of 8 buys and 6 holds, with no sell recommendations.
  • Comparisons to past results have been made using values from the company’s original disclosures.

A look at Sompo Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum2
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Sompo Holdings appears to have a positive long-term outlook. With strong scores in Dividend and Growth, the company shows promising prospects for return on investment and potential expansion. Additionally, its Resilience score indicates a stable position in the market, ensuring financial strength and durability in the face of challenges. Although its Momentum score is lower, the overall scores suggest that Sompo Holdings is well-positioned for future growth and value creation.

Sompo Holdings, Inc., the result of a merger between Sompo Japan Insurance Inc. and NIPPONKOA Insurance Company Limited, offers a range of insurance services, from non-life insurance like marine, fire, and automobile coverage, to life insurance products. With a balanced mix of value, dividends, growth, resilience, and momentum, Sompo Holdings presents a compelling investment opportunity for those seeking long-term returns with a reliable and established insurance provider.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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