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Provisional Translation

Press Conference by SUZUKI Shunichi, Minister of Finance and Minister of State for Financial Services

(Excerpt)

(Friday, December 15, 2023, 10:42 am to 10:56 am)

Q.

Regarding Sompo Japan and Sompo Holdings, are the on-site inspections still continuing? I’d like to confirm this.

A.

It is continuing.

Q.

Is the administrative action likely to be issued within this year or early in the new year?

A.

It is being conducted now, so we have to scrutinize that first. I think this is what it means to do due diligence and, if necessary, we will take appropriate measures. 

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