Key Management Issues to Achieve SOMPO’s Purpose

In formulating our Mid-Term Management Plan starting in 2024, we analyzed the issues that we should address as a Group in order to realize our rephrased Purpose, “For a future of health, wellbeing and financial protection,” in light of changes in the internal and external environment. We also formulated “Description of Purpose” through dialogue with external stakeholders and repeated discussions by the senior management team.

The “Description of Purpose” does not merely list the issues to be addressed, but it also expresses the future we want to create, the ideal state of the Group, and our initiatives to achieve higher goals from a long-term perspective.

SOMPO’s Purpose and “Description of Purpose” are also linked to the strategies of the Group’s four businesses. Each of these businesses has established financial and non-financial strategies to achieve sustainable growth through the resolution of the issues set forth in “Description of Purpose” and has set KPIs.