Explain a company in Japan

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Mikio Okumura, Group CEO and President SOPO HOLDINGS Inc.

Bloomberg Bloomberg Gety pictures

SOPO HOLDINGS, Inc. says. , One of the largest insurance companies in Japan, it uses artificial intelligence to help reduce the decisive shortage of workers needed to care for the country’s progress in the country.

CNBC’s CEO, CEO of Group Mikio Okumura, told CNBC’s simultaneously with an improvement in nursing care services, said CNC’s CEO “CNBC’s”.Asia Administration

He cited sleeping sensors as one example.

“In the past, our sponsorships had (had to) every room to check for sleep … but instead of visiting, by carefarers, we put a sensor in bed so that we could monitor from the office,” he said.

“Also, we can check the quality of sleep every minute, so if it deteriorates – the quality of sleep – we can check what we can change, for example, meal or activities.”

He said that paper leaves can consume 20 % -25 % of nursing care workers.

“We offer some digital technology to get rid of the leaves, so that the providers can focus,” he said. “We are trying to improve efficiency, and we are also trying to improve the quality of services using technology.”

The population of the elderly Japan It reached a record number of 36.25 million in 2024, in the same year Birth rate I reached a low standard level. Okomura said that the population of Japan also has one of the longest average life expected in the world, as the older generations continue to live for a longer period of time.

Growth outside Japan

Sompo Holdings announced in February Restructuring planAs of April 1, the company will witness its four commercial units to be intensified into two: “Sombo Property and Lasualty” and “SOPO Wellbeing”.

SOPO Wellbeing includes nursing services in Japan in Japan and life insurance companies.

But Okumura told CNBC that its affected property and arm are the place where Okumura expects the largest growth – most of them are from international markets.

“By 2030, we plan to double profit, as well as the maximum market … Perhaps 80 % of SOPO P & C and 20 % of well -being will come, adding that” 40 % of profit will come from the local market in Japan, and 60 % outside Japan. “

Okomura said that one of the biggest challenges the company faces is to shrink the population in Japan.

“When I was born, in 1965, the number of new children was 1.8 million. But today only 700,000,” he said. “It is impossible to see an increasing number of population in the future, so … we expect the work to be abroad is the SOPO growth driver.”

Okomura said that the company is not planning to expand luxury services in Sombo abroad, due to the differences in the systems of culture, organization and social security.



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