【参】Investor Relations:カテゴリ
Investor Relations
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At a Glance

コンテンツ

Who We Are?

About the Sony Financial Group

The Sony Financial Group is a financial services group, comprising the financial holding company Sony Financial Holdings Inc., and its subsidiaries including Sony Life Insurance Co., Ltd., Sony Assurance Inc., Sony Bank Inc., Sony Lifecare Inc. and Sony Financial Ventures Inc.
The three core companies (Sony Life, Sony Assurance, and Sony Bank) commenced their operation in 1981, 1999, and 2001, respectively. Following that, Sony Financial Holdings, Sony Lifecare, and Sony Financial Ventures were established in 2004, 2014, and 2018, respectively.

The Sony Financial Group Structure (Main Subsidiaries)

(As of September 30, 2019)

Sony Corporation 65.06%-owned Sony Financial Holdings,Life Insurance Business Sony Life,Non-life Insurance Business Sony Assurance,Banking Business Sony Bank,
Nursing Care Business Sony Lifecare Sony Financial Ventures (Venture Capital Business)

About Sony Financial Holdings (holding company)

As a Japan’s first financial holdings company, with both insurance and banking businesses under the one umbrella, Sony Financial Holdings was established in 2004 as a corporate spin-off from Sony Corporation and listed on the First Section of the Tokyo Stock Exchange in 2007. Sony Corporation's shareholding of Sony Financial Holdings shares is 65.06% as of September 30, 2019.

History of the Sony Financial Group

Financial Results & Indicators

The Sony Financial Group’s core companies, Sony Life, Sony Assurance and Sony Bank, have continues to deliver steady growth by leveraging their respective strengths while maintaining high financial soundness.

FY2018 Consolidated Financial Results. Ordinary revenues:1,629.1 Billions of yen. Ordinary profit:93.8 Billions of yen. Profit attributable to owners of pararent:62.0 Billions of yen. Total assets:13,468.2 Billions of yen. Net assets:656.8 Billions of yen.

For the years ended March 31, 2019 Ordinary revenues:1,629.1 Billions of yen. Ordinary profit:93.8 Billions of yen.As of March 31, 2019 Total assets:13,468.2 Billions of yen. Net assets:656.8 Billions of yen.

Financial Summary

Business Volume KPI

Sony Life
(non-consolidated)

Policy amount in force*1

2018 47 trillions of yen. 2019 49 trillions of yen. 2020(Forecast) 52 trillions of yen. 2021 Mid-term target*3 55 trillions of yen *As of March 31,

Sony Assurance


Direct premiums written

2018 107.0 billion of yen. 2019 112.1 billion of yen. 2020(Forecast) 119.0 billion of yen. 2021 Mid-term target*3 120 billion of yen *For the years March 31,

Sony Bank
(non-consolidated)

Retail balance*2

2018 3.9 trillions of yen. 2019 4.2 trillions of yen. 2020(Forecast) 4.5 trillions of yen. 2021 Mid-term target*3 5.0 trillions of yen *As of March 31,
  • *1:Sum of individual life insurance and individual annuities
  • *2:Sum of deposits, investment trusts, financial products intermediary services, mediated discretionary investment contracts and personal loans.
  • *3:Medium-term targets announced on May 31, 2018

Financial Soundness Indicators

Sony Life
(non-consolidated)

Solvency margin ratio

2,590.5%

Sony Assurance

Solvency margin ratio

813.0%

Sony Bank
(non-consolidated)

Capital adequacy ratio
(Domestic standard)

9.58%

(As of March 31, 2019)

Profitability Indicators

Sony Financial Holdings (consolidated)

Consolidated
adjusted ROE

6.7%

Sonly Life
(non-consolidated)

Core ROEV

6.4%

Sony Assurance

Adjusted ROE

15.2%

Sony Bank
(consolidated)

ROE

7.3%

(For the year ended March 31, 2019)

(Reference) Calculation of Consolidated Adjusted ROE (PDF 372KB)

Credit Ratings

Credit Rating Agencies Sony Financial
Holdings
Sony Life Sony Bank
Rating and Investment Information (R&I) Issuer rating
AA-
Insurance claims paying ability
AA

Japan Credit Rating Agency (JCR)

Long-term issuer rating
AA-
S&P Global
Ratings (S&P)

Insurer financial strength rating
A+
Counterparty credit rating
Long-termA
Short-termA-1

(As of March 31, 2019)

Rating and Bond Information

Medium-term Business Plan

Progress Toward Fiscal 2020 Medium-term Targets

FY2018
Actual
FY2019
Forecast*2
FY2020
Medium-term targets*1
Progress toward
FY2020 Medium-term targets
Ordinary revenues ¥1.62 trillion ¥1.69 trillion ¥1.76 trillion
Almost
in line
Ordinary profit ¥93.8 billion ¥98 billion ¥77 billion
Above initial
target
Profit attributable to owners of the parent ¥62 billion ¥65 billion ¥50 billion
Above initial
target
US-GAAP operating income ¥161.5 billion ¥170 billion ¥180 billion
Almost
in line
Consolidated adjusted ROE*3 6.7% Approx. 6% Approx. 7%
Almost
in line
  • *1:Medium-term targets announced on May 31, 2018
  • *2:Forecast announced on April 26, 2019
  • *3:FY18 Actual and FY19 Forecast are based on interest rate levels as of March 31, 2019. FY20 Mid-term target is based on interest rate levels as of March 31, 2018.

Medium-term Business Pans

Shareholder Returns

We will further enhance returns to shareholders, based on stable earnings growth and robust financial soundness.

  • Considering the business environment and the growth of our group, we forecast FY19 year-end dividend of ¥70 per share. (Updated on Feb. 4, 2020)
Dividend Per Share FY19(Forecast) 70 of yen

*1 Although a stock split was conducted during FY11, the dividend per share figures for FY09 and FY10 are calculated assuming that the stock split was conducted at the beginning of FY09

Returns to Shareholders