Business Strategy_Sompo Japan Nipponkoa Holdings, Inc.

Business Strategy November 26, 2015 Key Points  Adjusted consolidated profit is expected to exceed our target in FY2015, which is the final year of current mid-term management plan. Adjusted consolidated ROE is expected to be 7.6% and achieve our target (over 7%).  During next mid-term management plan, we will establish the system needed as a group to provide security, health, and wellbeing to customers over the future in any environment while seeking to expand profits and enhance capital efficiency (ROE) further.  Adjusted consolidated ROE is expected to achieve target of over 7% in FY2015. EPS steadily increases. Mid-term  During next mid-term management plan, we build a globally competitive group by allocating capital management optimally to improve ROE. We evolve and reshape existing business model by seeking innovation in plan digital technology as a game-changing opportunity.  We utilize ERM (Strategic Risk Management) for overall managerial issues to improve capital efficiency further. ERM &  Reduction of exposure of strategic-holding stocks has amounted to ¥707.5 billion since our business Capital policy integration in FY2010.  We enhanced shareholder return (e.g. we increased dividend for the 2nd consecutive years).  Adjusted combined ratio of Sompo Japan Nipponkoa drastically improved, and is expected to be 91.4% in FY2015.