Top Message

More than one year has passed since the Great East Japan Earthquake struck in 2011. Once again I convey my deepest sympathies to all those who were affected by the earthquake and tsunami, along with my hopes for a speedy recovery. To fulfill our social mission as a property and casualty (P&C) insurance company we will continue to deliver peace of mind and security to customers, as we strive to provide a range of beneficial services to all.

As a core member of the NKSJ Group, Sompo Japan seeks to continue to gain customers' trust, and to grow by responding to the many changes in the business environment. To this end, we have set a strategic goal of becoming Japan's best company in three key areas. First, we aim to be the best insurance group with the highest customer evaluation. Second, we aim to be an insurance group driven by employees and agents exhibiting appealing human qualities and outstanding expertise. Third, we aim to be an insurance group that always offers simple and easy-to-understand services as quickly as possible.

In September 2011, the NKSJ Group announced a new management plan designed to enable the Group to prevail in the challenging business environment. Thereafter, we conducted extensive discussions within the Group on improving the efficiency of our core domestic P&C insurance business. As a result, in March 2012, we announced that we would fully merge with Nipponkoa Insurance Co., Ltd. to form a single company during the first half of the fiscal year ending March 31, 2015. Sompo Japan Nipponkoa Insurance Inc., the new company, will be Japan's largest P&C insurance company in terms of premiums written on a stand-alone basis.

Over the coming months and years, we will work together with Nipponkoa Insurance to achieve the goal of Sompo Japan Nipponkoa Insurance, that is : a company which can compete effectively on the global stage. Specifically, we will seek to lead the industry not only in terms of scale, but in the quality of our service. We will stably maintain top level business efficiency and profitability. Moreover, we will provide advanced services based on the core P&C insurance business to support the security and peace of mind of our customers as we strive to evolve into a true service enterprise.

I ask for your continued support as we undertake this challenge.