MS&AD Insurance Group Holdings Inc IR Day Transcript

Sep 10, 2019 / NTS GMT
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Now I would like to let them start the presentation.

Takashi Sato - MS&AD Insurance Group Holdings, Inc. - MD

Good afternoon, everybody. I am joint Managing Director, Sato, stationed in Silicon Valley. Thank you for the opportunity today. I would like to kick off our presentation.

Two of us are the key players of our CVC in Silicon Valley. Taking to this opportunity, after the establishment of CVC in October, it's been less than one year, but still as you can see, this flux of nations, 6 countries and the 20 companies in total have been invested by us. So this has been a very fast movement within -- even within Silicon Valley. So I'd like to talk about this as well.

Introducing Silicon Valley, there are many ways to introduce it, for example, how fast do people work in Silicon Valley, they work very slowly. So this is a very casual topic, but I want to focus on technology today.

Talking about IoT here. In Japan, we tend to think, as shown in left-hand side of this slide, you get

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