Sompo Holdings has reported a sharp increase in profit for the nine months ended Dec. 31, 2025, driven by stronger insurance and investment results across its domestic and overseas businesses.

Net income attributable to owners of the parent rose to ¥518.3 billion, up ¥267.4 billion from the same period a year earlier. Net income before tax – the sum of the insurance service result, finance result and other income and expenses – reached ¥677.8 billion, an increase of ¥368.0 billion year on year. The figures cover the first three quarters of the group’s fiscal year ending March 31, 2026.

Insurance and finance results both strengthen

Sompo’s insurance service result increased by ¥184.8 billion to ¥389.9 billion compared with the same period last year. This included insurance revenue of ¥3,986.2 billion, insurance service expenses of ¥3.337 trillion and a net expense of ¥259.3 billion from reinsurance contracts held.

The finance result improved by ¥165.4 billion to ¥343.0 billion. That reflected investment gains and losses of ¥547.0 billion and insurance finance gains and losses of negative ¥203.9 billion, indicating a more favourable investment environment and portfolio performance than in the prior year. The company did not provide a detailed asset breakdown in its summary.

Sompo said the global economy grew at a moderate pace during the period, with some weakness linked to trade policies and uncertainty. In Japan, the economy continued a gradual recovery supported by labour market and income gains, although the group said it is monitoring the impact of persistent inflation, US and Chinese policy moves and financial market volatility.

Domestic, overseas and life segments all contribute

In its domestic property and casualty operation, Sompo reported insurance revenue of ¥2,027.8 billion for the nine months, up ¥58.6 billion year on year. Net income attributable to the parent from this segment rose by ¥130.5 billion to ¥207.1 billion.

The overseas insurance business generated insurance revenue of ¥1.807 trillion, an increase of ¥82.0 billion from a year earlier. Net income attributable to the parent in this segment increased by ¥108.3 billion to ¥247.4 billion, underscoring the growing role of international operations in the group’s earnings mix.

In domestic life insurance, insurance revenue was ¥194.4 billion, up ¥4.2 billion, while net income attributable to the parent rose by ¥8.0 billion to ¥52.9 billion.

Sompo’s nursing care business, which sits alongside its core insurance activities, posted other revenue of ¥138.6 billion, an increase of ¥3.3 billion. Net income attributable to the parent from nursing care was ¥8.0 billion, up ¥2.5 billion from the prior-year period.

On a consolidated basis, total assets as of Dec. 31, 2025 stood at ¥16.747 trillion, up ¥857.2 billion from March 31, 2025. Total equity rose by ¥812.2 billion to ¥5.038 trillion, reflecting higher earnings and changes in the value of the group’s investment portfolio.

Context among Japanese insurance groups

Sompo’s update comes as rivals Tokio Marine Holdings and MS&AD Insurance Group also lean on overseas expansion and investment income to mitigate pressure in Japan’s domestic non‑life market.

However, Sompo’s year‑on‑year profit growth across domestic P&C, overseas insurance, life and nursing care has been notably stronger over the latest nine‑month period than that reported by Tokio Marine, which recorded only a slight rise in net income and a small decline in ordinary profit.

The combination of higher insurance service and finance results and broad-based segment contributions leaves Sompo in a solid position heading into the final quarter of its fiscal year.