Merged Japanese insurer aiming for ¥280 billion profit in fiscal 2030
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Source: The Japan Times
Published: 2026-06-03 16:39 UTC+10:00
Section: BUSINESS
Factuality Score: 95
Opinion Category: Neutral
Topics: Financial Markets, Tax & Budget, Business & Economy
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Snippet:
A new company to be born out of a merger of Japanese insurers Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance next April aims to earn an adjusted profit of ¥280 billion in fiscal 2030, Hiroshi Umiyama, president and CEO of Mitsui Sumitomo, said in a recent interview.
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