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OTCMKTS:SMPNY

Sompo 8/9/2024 Earnings Report

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$19.02 -0.22 (-1.14%)
As of 12:11 PM Eastern

Sompo EPS Results

Actual EPS
$0.40
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Sompo Revenue Results

Actual Revenue
$9.76 billion
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Sompo Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Upcoming Earnings

Sompo's next earnings date is estimated for Monday, May 18, 2026, based on past reporting schedules.

Conference Call Resources

Sompo Earnings Headlines

Sompo Holdings Inc ADR SMPNY
The system holding the dollar together is gone…
Saudi Arabia has terminated its 1974 petrodollar agreement with the United States - the deal that forced every country on Earth to hold U.S. dollars to buy oil. Since then, Saudi Arabia has signed a $7 billion currency swap with China, begun settling oil in digital yuan, and joined China's cross-border payment system, mBridge. With 10-year Treasury yields pushing toward the 4.4% danger line and global dollar demand in retreat, gold is being repriced. There's one asset that still trades at a steep discount to gold's current price - a rare opportunity to leverage the metal's continued rise.tc pixel
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About Sompo

Sompo (OTCMKTS:SMPNY) Holdings, Inc. (OTCMKTS:SMPNY) is a Tokyo-based insurance holding company that provides a broad range of risk-transfer and risk-management products and services. The group's core operations include property and casualty insurance for individuals and businesses, life insurance products, and related services such as claims handling, medical and nursing-care services, and assistance solutions. Sompo serves both retail and commercial customers with offerings that commonly include motor, homeowners, commercial property, liability, and specialty insurance lines.

In addition to its domestic Japanese business, Sompo has built a significant international footprint through subsidiaries and acquisitions, operating in regions including the Americas, Europe, Asia and Australia. Its global operations encompass primary insurance, reinsurance and specialty lines, and the company provides multinational risk management and claims services for corporate clients. Through its international arm, Sompo offers tailored solutions for complex and large-scale risks alongside standard retail products.

The company also participates in adjacent markets related to health and long-term care, reflecting a strategy to diversify beyond traditional insurance underwriting. Sompo’s services in this area span nursing-care facilities, in-home care and wellbeing-related offerings, and the firm has invested in capabilities for claims management, digital customer service and risk-prevention initiatives to support its core insurance operations.

Sompo has evolved through consolidation and international expansion to become one of Japan’s major insurers and a global player in property/casualty and specialty insurance. Headquartered in Tokyo, the company operates through multiple subsidiaries and business units that focus on domestic retail and commercial insurance as well as international specialty and reinsurance markets.

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