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Sony's financial services arm, offering life insurance, non-life insurance and banking in Japan.
Sony's financial services arm, offering life insurance, non-life insurance and banking in Japan.
Earns insurance premiums on life policies sold mostly through its own consultants, with non-life and bank earnings smaller, and invests the premiums. Life insurance carries the group. It was spun out of Sony Group and listed separately in 2025, with Sony keeping a minority stake.
In one line: A captive insurance/banking arm tied to Sony.
Moat: narrow (brand, distribution). Sony brand trust and a dedicated agent/direct sales channel for insurance products.
Headquarters: Tokyo, Japan · Founded: 1979 · Employees: 14,042
Size Sony Financial (8729.T) is a Japan Financials company (Multi-Line Insurance) with a market value of $6.06B, the 207th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥141 on 6 Nov 2026.
Performance Over six months the shares gained 0.9%, against +6.9% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th lowest of 21 in its peer set.
Growth Revenue fell 10.2% over the last twelve months (peer median +10.5%); the operating margin is 10.2% (peer median 15.0%).
Valuation It trades at 1.08× book value against a peer median of 1.21× (10th cheapest of 21).
Price implies The share price implies a return on equity of about 5.1%; Sony Financial delivers 14.4%, so the price asks less than the business earns today.
Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥2.12T | ¥2.53T | ¥2.51T | ¥3.19T | ¥1.95T |
| Revenue growth | — | +1% | -21% | +64% | — |
| Net income | ¥108B | ¥55.5B | ¥78.8B | ¥41.2B | ¥119B |
| Free cash flow | n/a | ¥441B | ¥1.50T | ¥782B | ¥417B |
| Capital expenditure | n/a | ¥28.7B | ¥301B | ¥218B | ¥23.6B |
| Total debt | ¥2.44T | ¥1.78T | ¥2.16T | ¥2.07T | ¥1.26T |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| Sony Financial 8729.T | $6.06B | +1% | -10% | 14% | 1.08× | 5.1% |
| Daiichi Life 8750.T | $39.0B | +18% | +17% | 14% | 1.34× | 8.1% |
| T&d 8795.T | $14.0B | +21% | +6% | 9% | 1.32× | 5.6% |
| JAPAN POST INSURANCE 7181.T | $11.2B | +8% | -6% | 4% | 0.38× | 2.9% |
| Tokio Marine 8766.T | $105B | +35% | 0% | 12% | 1.98× | 6.7% |
| Rakuten Bank 5838.T | $6.36B | -9% | +38% | 22% | 2.55× | 8.1% |
| Sompo 8630.T | $39.6B | +17% | +41% | 15% | 1.14× | 6.2% |
| Ms&ad Ins Gp Hldgs 8725.T | $44.4B | +22% | +21% | 17% | 1.07× | 6.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 8729.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -5.4% | +4.3% | 4th lowest of 21 |
| 6-month return | +0.9% | +6.9% | 7th lowest of 21 |
| Return on equity | 14.4% | 15.4% | 10th lowest of 21 |
| Price / book | 1.08× | 1.21× | 10th cheapest of 21 |
| Trailing P/E | 9.3× | 9.2× | 10th most expensive of 20 |
| ROE the price implies | 5.1% | 8.1% | least demanding of 21 |
| ROE delivered | 14.4% | 15.4% | 10th lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Sony Financial 8729.T | Japan | $6.06B | +1% | -10% | 14% | 1.08× | 5.1% | 14.4% |
| RLI RLI | United States | $6.27B | +39% | +6% | 22% | 3.70× | 15.4% | 22.1% |
| Enact ACT | United States | $6.38B | +5% | +2% | 13% | 1.19× | 7.9% | 12.9% |
| FWD 1828.HK | Hong Kong | $5.54B | +7% | +24% | 4% | 0.92× | 7.3% | 4.1% |
| China Reinsurance (Group) 1508.HK | Hong Kong | $6.64B | -5% | +11% | 10% | 0.40× | 5.5% | 9.7% |
| Sunshine Insurance 6963.HK | Hong Kong | $5.35B | 0% | +8% | 14% | 0.66× | 5.4% | 13.7% |
| White Mountains Insurance WTM | United States | $5.35B | +5% | +21% | 22% | 0.99× | 6.3% | 21.9% |
| Db Insurance 005830.KS | South Korea | $6.90B | +2% | -14% | 17% | 0.85× | 5.1% | 17.0% |
| CNO Financial CNO | United States | $5.09B | +20% | +2% | 17% | 2.19× | 16.0% | 16.9% |
| Great Eastern G07.SI | Singapore | $7.47B | +21% | +27% | 15% | 1.73× | 11.4% | 14.8% |
| Axis Capital AXS | United States | $7.60B | +7% | +10% | 16% | 1.33× | 8.1% | 16.0% |
| Lincoln National LNC | United States | $7.67B | +12% | +12% | 23% | 0.74× | 8.6% | 22.6% |
| Hiscox HSX.L | United Kingdom | $8.08B | +18% | +4% | 17% | 2.06× | 15.1% | 16.6% |
| China Taiping Insurance 0966.HK | Hong Kong | $8.28B | -24% | +19% | 36% | 0.63× | 8.1% | 36.2% |
| Kinsale Capital KNSL | United States | $8.64B | +26% | +8% | 28% | 4.70× | 30.6% | 27.8% |
| Alm. Brand A/S ALMB.CO | Denmark | $3.70B | +16% | +3% | 9% | 2.19× | 7.3% | 8.8% |
| Hamilton Insurance HG | United States | $3.64B | +20% | +20% | 19% | 1.24× | 8.0% | 19.0% |
| Genworth Financial GNW | United States | $3.29B | -5% | -1% | 2% | 0.38× | 5.3% | 2.3% |
| Aditya Birla Capital ABCAPITAL.NS | India | $11.5B | +8% | +24% | 12% | 2.56× | 41.9% | 12.1% |
| F&G Annuities & Life FG | United States | $3.06B | -17% | +14% | 9% | 0.66× | 8.4% | 9.2% |
| Lemonade LMND | United States | $3.06B | -28% | +77% | -27% | 6.12× | 75.0% | -27.0% |