Sompo Holdings, Oct-Dec (3Q) Ordinary Profit Decreases by 35%

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Fri Feb 14, 2025 4:00 pm JST Earnings

8630 Sompo Holdings, Inc. 【J-GAAP】

Earnings Report

Sompo Holdings, Inc. <8630> [TSE Prime] announced its financial results after the market closed on February 14th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2025 (April to December) increased 17.7% from the same period last year, reaching 508 billion yen. The progress rate toward the full-year plan of 550 billion yen was 92.5%, also surpassing the five-year average of 79.6%.

Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated ordinary profit for the January to March period (4Q) is expected to decrease 26.1% from the same period last year to 41 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit dropped to 162 billion yen, a 35.4% decrease compared to the same period last year.

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Actual Results

Accumulated Results 3rd Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Apr - Dec, 2022	3,631,218	ー	-39,121	-47,142	-46.5	ー	Feb 14, 2023	J-GAAP
Apr - Dec, 2023	3,848,583	ー	432,420	323,047	325.6	88.6	Feb 14, 2024	J-GAAP
Apr - Dec, 2024	4,151,021	ー	508,924	381,855	391.3	92.5	Feb 14, 2025	J-GAAP
YoY	+7.9%	－	+17.7%	+18.2%	+20.2%

Current Period Guidance

Second Half Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Oct - Mar, 2023	2,274,041	ー	306,973	284,529	287.1	50	May 20, 2024	J-GAAP
Oct - Mar, 2024 Guidance	ー	ー	203,359	137,770	145.9	76	Nov 19, 2024	J-GAAP
YoY	－	－	-33.8%	-51.6%	-49.2%

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Mar, 2023	4,525,869	ー	49,504	26,413	26.1	86.67	May 19, 2023	J-GAAP
Mar, 2024	4,933,646	ー	488,034	416,054	419.8	100	May 20, 2024	J-GAAP
Mar, 2025 Guidance	ー	ー	550,000	400,000	423.5	132	Nov 19, 2024	J-GAAP
YoY	－	－	+12.7%	-3.9%	+0.9%

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Oct - Dec, 2023	1,188,978	ー	251,359	191,522	193.0	0.0	Feb 14, 2024	J-GAAP
Jan - Mar, 2024	1,085,063	ー	55,614	93,007	93.9	0.0	May 20, 2024	J-GAAP
Apr - Jun, 2024	1,522,502	ー	143,746	120,038	121.5	0.0	Aug 9, 2024	J-GAAP
Jul - Sep, 2024	1,440,448	ー	202,895	142,192	144.8	0.0	Nov 19, 2024	J-GAAP
Oct - Dec, 2024	1,188,071	ー	162,283	119,625	122.6	0.0	Feb 14, 2025	J-GAAP
YoY	-0.1%	－	-35.4%	-37.5%	-36.5%