May 06, 2016 2:19 AM ET

Insurance

Company Overview of Sony Life Insurance Co., Ltd.

Company Overview

Sony Life Insurance Co., Ltd. provides various life insurance products and services in Japan. It offers various individual life insurance products, including pure death-protection, mixed, and pure endowment insurance products; individual annuity products; and group life insurance and group annuity products, as well as medical protection insurance products. The company was founded in 1979 and is headquartered in Tokyo, Japan. Sony Life Insurance Co., Ltd. is a subsidiary of Sony Financial Holdings Inc.

1-1-1, Minami Aoyama

Minato-ku

Tokyo,  107-8585

Japan

Founded in 1979

6,323 Employees

Key Executives for Sony Life Insurance Co., Ltd.

President and Representative Director
Chairman of Sony Life Insurance (Philippines) Corporation and Chief Executive Officer of Sony Life Insurance (Philippines)
Chairman, President of Sony Financial Holdings Inc and Director of Sony Financial Holdings Inc
Age: 65
Executive Deputy President and Representative Director
Executive Vice President
Compensation as of Fiscal Year 2015.

Sony Life Insurance Co., Ltd. Key Developments

Sony Life Announces Non-Consolidated Earnings Results for the Six Months Ended September 30, 2015

Sony Life announced non-consolidated earnings results for the six months ended September 30, 2015. For the six months, the company reported ordinary revenues were JPY 596.3 billion compared to JPY 579.3 billion a year ago. Ordinary profit was JPY 22.8 billion compared to JPY 40.4 billion a year ago. Net income was JPY 14.8 billion compared to JPY 26.9 billion a year ago.

Sony Life Insurance Co., Ltd. Reports Non-Consolidated Earnings Results for the Six Months Ended September 30, 2014

Sony Life Insurance Co., Ltd. reported non-consolidated earnings results for the six months ended September 30, 2014. Ordinary revenues were ¥579.3 billion against ¥549.5 billion last year. Ordinary profit was ¥40.4 billion against ¥31.3 billion last year. Net income was ¥26.9 billion against ¥17.6 billion last year. Ordinary profit increased year on year due mainly to two reasons: the absence of the negative impact from the revision of the discount rate used for calculating policy reserves on the interest rate-sensitive whole life insurance that was present in the same period of the preceding fiscal year, and an increase in gains on sales of securities in the general account in this first half. Net income was up year on year reflecting the rise in ordinary profit, and the change of the calculation policy of the reserve for fluctuations. The change was to accumulate the reserve up to required levels from fiscal 2014 while it had accumulated the reserve in excess of the required levels until fiscal 2013. Core profit was ¥38.5 billion against ¥33.5 billion last year.

Sony Life Insurance Co., Ltd. Closes Representative Office in Beijing

Sony Life Insurance Co., Ltd. announced that it closed the representative office in Beijing, the Peoples' Republic of China on July 9, 2014.

Similar Private Companies By Industry

Company Name Region
Life Salon Co. Asia
Oita Chuo Hoken Co., Ltd. Asia
IKIIKI SEDAI Inc. Asia
AXA Collection Services Co. Ltd. Asia
Hoken No Madoguchi Group Inc. Asia

Recent Private Companies Transactions

Type
Date
Target
Private Placement
February 10, 2016
HOLOS Holdings co.,ltd.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Sony Life Insurance Co., Ltd., please visit www.sonylife.co.jp. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.