Q2 2024 Sompo Holdings Inc Earnings Call Transcript

Nov 17, 2023 / 08:00AM GMT
Mikio Okumura - Sompo Holdings, Inc. - Group COO, President, Representative Executive Officer & Director

This is Okumura, Group COO of Sompo Holdings. Thank you very much for coming today. First of all, I do need to talk about what we're finding with the Bigmotor's issue as well as price fixing or content issue. I do want to apologize for causing anxiety for many people in concern. I am very sorry for this. Now today, we are before receiving the final report from the external investigation committee. And so today, I will not be able to speak too much on the specifics, but still in today's call, I do want to talk about, to the extent I can, about what we mean to do in this regard. And usually, right after we announced our financial result, we conduct our IR meeting. However, we do want to wait to receive the final report because that will enable us to have a more clearer explanation about what we mean to do in terms of prevention for reoccurrence as well as new measures. And so we're going to be rescheduling the IR meeting.

So with that, please turn to Page 4. We take all these Bigmotor's

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