About Sony Financial Holdings Inc.
|Company Name||Sony Financial Holdings Inc.|
|Established||April 1, 2004|
|Head Office||1-9-2, Otemachi, Chiyoda-ku, Tokyo, Japan
|Business||Management control of subsidiaries (life insurance companies, non-life insurance companies, banks and others) specified by the Insurance Business Act of Japan and the Banking Act of Japan and all duties incidental to that role.|
|Common Stock||¥ 19,963 million|
|Number of Shares Outstanding||435,062,983 shares|
|Directors and Statutory Auditors||
|Articles of Incorporation||Articles of Incorporation (PDF 530KB)|
(As of Aug. 7, 2018)
*Outside Directors and Outside Audit & Supervisory Board Members are based on the rules of the Companies Act of Japan.
**Outside Directors (Isao Yamamoto, Shiro Kuniya and Takatoshi Ito) are Independent Directors, besed on the rules of Tokyo Stock Exchange.
***Outside Audit & Supervisory Board Members (Yasuyuki Hayase and Yoshimchi Makiyama) are Independent Audit & Supervisory Board Members, based on the rules of Tokyo Stock Exchange.
Corporate Vision and Philosophy
The Sony Financial Group seeks to become the most highly trusted financial services group by customers. To this end, the Group will combine many different financial functions (savings, investment, borrowing, and protection) to provide high-value-added financial products and high-quality financial services that meet every customer's financial needs.
Put the Customer First
We will provide financial products and services that satisfy customers by embracing their individual views, to ensure that we help them lead prosperous lives with financial security.
Give Back to Society
We believe that a special commitment to the public good is demanded of a financial services company. Conscious of this, we will realize our vision by upholding the highest level of ethics and a strong sense of purpose, and thereby give back to society. In addition, we will fulfill our responsibilities as a good corporate citizen and member of society.
Strive for Originality
We will constantly strive to come up with fresh ideas from basic principles as we pursue creativity and innovation, instead of merely following custom and convention.
Foster an Open Corporate Culture
We believe that every employee's contribution is important to develop our ideal of a financial services company. We will thus foster an open corporate culture where employees can freely express their individuality and demonstrate their abilities to the fullest.
History of the Sony Financial Group
|Aug. 1979||Life||"Sony Prudential Life Insurance Co., Ltd." (Sony Prudential Life, currently Sony Life) is established|
|Apr. 1981||Life||Sony Prudential Life commences operations with the launch of Lifeplanner system|
|Jul. 1987||Life||Sony Prudential Life agrees with Prudential Financial, Inc. to terminate joint venture|
|Apr. 1991||Life||Sony Pruco Life Insurance Co., Ltd. (renamed from Sony Prudential Life in September 1987) changes name to "Sony Life Insurance Co., Ltd."(Sony Life)|
|Jun. 1998||Non-Life||"Sony Insurance Planning Co., Ltd." (Sony Insurance Planning, currently Sony Assurance) is established|
|Aug. 1998||Life||Sony Life establishes "Sony Life Insurance (Philippines) Corporation" as a wholly owned subsidiary in the Philippines|
|Sep. 1999||Non-Life||Sony Insurance Planning changes its name to "Sony Assurance Inc." (Sony Assurance)
Sony Assurance launches sales of automobile insurance (Sales commenced over the Internet in September and terephone in October)
|Apr. 2001||Banking||"Sony Bank Inc." (Sony Bank) is established|
|Jun. 2001||Banking||Sony Bank commences operations
Sony Bank launches the "MONEYKit" service site. Starts handling deposits, investment trusts and card loans
|Sep. 2001||Banking||Sony Bank begins handling foreign-currency deposits|
|Mar. 2002||Banking||Sony Bank begins handling mortgage loans|
|Jun. 2002||Non-Life||Sony Assurance launches sales of “SURE” medical insurance with emphasis on cancer treatment|
|Apr. 2004||Holdings||"Sony Financial Holdings Inc." (Sony Financial Holdings) is established as a financial holding company|
|Oct. 2004||Group||Sony Assurance debuts long-term fire insurance to customers takingout mortgage loans from Sony Bank|
|Dec. 2004||Group||Sony Life's Lifeplanner sales employees begin to accept mortgage loan applications as agents of Sony Bank|
|Jun. 2007||Banking||Sony Bank establishes "Sony Bank Securities Inc." (Sony Bank Securities) as a wholly owned subsidiary|
|Aug. 2007||Life||Sony Life establishes "AEGON Sony Life Planning Co., Ltd." (AEGON Sony Life Planning, currently AEGON Sony Life Insurance)|
|Oct. 2007||Holdings||Sony Financial Holdings is listed on the First Section of the Tokyo Stock Exchange|
|Dec. 2007||Life||Sony Life is approued to conduct banking agency business on behalf of Sony Bank|
|Jan. 2009||Non-Life||Sony Assurance offers pet insurance through alliance with Anicom Insurance, Inc.|
|Aug. 2009||Life||AEGON Sony Life Planning obtains life insurance business license from the Financial Services Agency and changes its name to "AEGON Sony Life Insurance Co., Ltd." (AEGON Sony Life Insurance)|
|Oct. 2009||Life||Sony Life establishes "SA Reinsurance Ltd." (SA Reinsurance) in British Bermuda as a reinsurance company specializing in variable annuities|
|Dec. 2009||Life||AEGON Sony Life Insurance commences operations. Sony Life's Lifeplanner sales employees begin selling individual variable annuities.|
|Feb. 2010||Life||Sony Life establishes "LIPLA Co., Ltd.," a wholly owned subsidiary, to operate shop-style insurance agency as its directly run sales agency|
|May 2010||Group||Sony Life begins sales of the products of Sony Life, Sony Assurance and Sony Bank through "LIPLA" shop-style insurance agency|
|Apr. 2011||Holdings||Sony Financial Holdings conducts stock split and adopts share unit system|
|Jul. 2011||Banking||Sony Bank acquires a 57% equity interest in SmartLink Network,Inc. (currently Sony Payment Services)|
|Aug. 2012||Banking||Sony Bank transfers all Sony Bank Securities' shares to Monex Group, with the aim of enhancing financial products intermediary services by strengthening business alliance with Monex Group|
|Dec. 2012||Life||Sony Life transfers the business of Sony LifeInsurance (Philippines)Corporation, a wholly owned subsidiary of Sony Life, to Paramount Life & General Insurance Corporation|
|May 2013||Life||LIPLA transfers the life insurance operations to Tokyu Insurance Consulting Co., Ltd. (LIPLA discontinues its operations related to the non-life insurance and banking agency businesses)|
|Nov. 2013||Holdings||Sony Financial Holdings acquires Senior Enterprise Corporation(currently Lifecare Design) as a subsidiary and enters nursing care business|
|Apr. 2014||Lifecare||"Sony Lifecare Inc." is established as a holding company to oversee the Group’s operations in the nursing care business|
|Oct. 2014||Lifecare||Senior Enterprise Corporation changes its name to "Lifecare Design Inc."|
|Apr. 2015||Banking||SmartLink Network changes its name to "Sony Payment Services Inc."|
|Jan. 2016||Banking||Sony Bank launches Sony Bank WALLET, a cash card with Visa debit function|
|Apr. 2016||Lifecare||Lifecare Design open's Sony Lifecare Group's first nursing care home|
|Jul. 2016||Life||Sony Life opens a representative office in Singapore|
|Oct. 2016||Life||Sony Life invests in ClearView Wealth Limited, a life insurance company in Australia|
|Jan. 2017||Non-Life||Sony Assurance launches sales of "ZiPPi" medical insurance covering actual in patient expensess|
|Jun. 2017||Life||Sony Life establishes wholly owned subsidiary “Sony Life Singapore Pte. Ltd.” in Singapore|
|Jul. 2017||Lifecare||Sony Lifecare acquires Yuuai Holdings Co., Ltd. as a subsidiary (In Aug. 2017, Yuuai Holdings Group undertakes corporate consolidation and changes its name to “Proud Life Inc.”)|
|Aug. 2017||Life||Sony Life establishes “Sony Life Financial Advisers Pte. Ltd.,” a joint venture, with Starts Securities Co., Ltd.|
|Aug. 2017||Banking||Sony Bank launches “Sony Bank Gate”, an investment-type crowd funding platform|
|Jun. 2018||Non-Life||Sony Assurance launches sales of overseas travel insurance|
|Jul. 2018||Holdings||Sony Financial Holdings establishes “Sony Financial Ventures Inc.” as an investment subsidiary|
(As of Apr. 1, 2018)