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    Tatsuo Majima

    Senior Analyst at Tokai Tokyo Research Center

    Tatsuo Majima is a Senior Analyst at Tokai Tokyo Research Institute, specializing in Japanese financial and diversified consumer services sectors. He has covered prominent companies such as Prestige International, Zenkoku Hosho, and Nomura Holdings, delivering research and recommendations that are regularly recognized by institutional investors and are listed in major corporate analyst coverage. Majima has established his career primarily at Tokai Tokyo Research Institute located in Nagoya, Japan, holding the position of Senior Analyst with years of expertise but with no publicly disclosed prior affiliation with other firms. While quantitative performance metrics, securities licenses, or FINRA registrations are not publicly listed, his insights are consistently cited in analyst coverage across several leading Japanese listed companies, underscoring his reputation within the industry.

    Tatsuo Majima's questions to SMPNY leadership

    Tatsuo Majima's questions to SMPNY leadership • Q2 2024

    Question

    The analyst asked for clarification on financial figures, specifically the components of the catastrophe reserve reversal and the reasons for a downward revision in Sompo Japan's adjusted profit. He also asked about the company's practice of seconding employees to other dealers besides Bigmotor.

    Answer

    The company specified that the catastrophe reserve reversal was primarily for automobile insurance. The downward profit revision was attributed to lower new business and higher losses in fire insurance. They confirmed they used to second employees to other repair shops but have stopped, and are now reducing secondments to agents to shift staff to claims.

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