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April 19, 2024
 

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SOMPO JAPAN

Whistleblower reports on Bigmotor's fraudulent activities prompted Sompo Japan and two other major nonlife insurers to suspend customer referrals to Bigmotor in June last year, but Sompo Japan soon resumed the referrals.
BUSINESS
Oct 11, 2023
Panel raps Sompo Japan's resumption of business with Bigmotor
The report said the resumption of business was caused by concerns among Sompo Japan execs about possibly losing deals with Bigmotor to rivals.
Financial Services Agency officials enter Bigmotor's Tama outlet in western Tokyo on Tuesday.
JAPAN / Crime & Legal
Sep 19, 2023
Watchdog starts on-site probe of Bigmotor and Sompo Japan
The investigation aims to dig deeper into the insurance fraud scandal by the leading used-car dealer. The probe is likely to take several months.
Sompo Japan Insurance President Giichi Shirakawa apologizes during a news conference in Tokyo on Friday.
BUSINESS / Companies
Sep 8, 2023
Sompo Japan president to resign for Bigmotor insurance fraud scandal
The insurer's close relationship with the used car dealership has come under scrutiny since the firm was found to have made fraudulent insurance claims.
The Financial Services Agency's headquarters in Tokyo. The agency is expected to order four major insurers to submit records of contracts for which they allegedly arranged premium levels to avoid competition.
BUSINESS
Aug 3, 2023
Japan insurers suspected of price-fixing for corporate contracts
Dozens of suspected price-fixing cases surfaced after employees were asked to report suspected antitrust business activities.
Transport ministry officials leave a Bigmotor dealership in Nagoya on Friday after conducting on-site inspections.
BUSINESS / Companies
Jul 31, 2023
Bigmotor suspected of fabricating insurance contracts
The news came on top of an investigation report that showed employees padded maintenance fee claims to insurance firms by deliberately damaging cars.
Japan Times
JAPAN
Apr 5, 2018
Companies more willing to give their smokers a kick in the butts
Instead of letting employees light up as usual, Japanese companies are getting creative in encouraging their smokers to kick the habit, with some even introducing total bans or extra paid holidays for nonsmokers.
Japan Times
JAPAN
Oct 31, 2017
More Japanese firms introducing anti-smoking measures, including incentives
An increasing number of companies are stepping up efforts to protect employees from the health hazard of cigarettes as the central and local governments study measures to curb the public's exposure to secondhand smoke.
Japan Times
BUSINESS
Oct 5, 2017
Firms pitch part-time work-at-home as way to ease leave-takers' return to office life
Michika Kato, 27, a mother of a 1-year-old boy, works for up to two hours on her computer at home while her baby is playing on his own or sleeping.
BUSINESS / Companies
Dec 18, 2015
Nonlife insurer Sompo Japan to acquire nursing home operator Message
Nonlife insurer Sompo Japan Nipponkoa Holdings Inc. plans to acquire nursing home operator Message Co., company officials said Friday, as part of efforts to diversify its sources of revenue in a market being squeezed by population decline.
BUSINESS / Companies
Oct 1, 2015
Sompo Japan to buy nursing care unit from Watami for ¥21 billion
Major property and casualty insurance group Sompo Japan Nipponkoa Holdings Inc. plans to acquire the elderly nursing care unit of pub and restaurant chain operator Watami Co. for about ¥21 billion, industry sources said Thursday.
Japan Times
BUSINESS / Companies
Sep 11, 2015
Watami restaurant chain to sell off nursing care subsidiary: sources
Struggling restaurant chain Watami Co. on Thursday admitted to holding talks on a handover, following media reports that it plans to sell its nursing care business and focus on food servicing operations centered on its namesake Japanese-style taverns.
BUSINESS / Companies
May 11, 2015
Sompo Japan Nipponkoa set to snip car insurance premiums for first time in over 11 years
Sompo Japan Nipponkoa Insurance Inc. is ready to trim car insurance premiums for the first time in more than 11 years, thanks to solid earnings and increased competition from online insurers, company sources said Monday.
BUSINESS / Companies
Mar 6, 2015
Sompo Japan to purchase 15% stake in French re-insurer Scor
Sompo Japan Nipponkoa Holdings Inc. will buy a 15 percent stake in French re-insurer Scor SE in potentially its biggest-ever overseas investment.
Japan Times
CULTURE / Art
Sep 18, 2014
Taking a pictorial trip to Normandy
"Normandie — L'Estuaire de la Seine: L'Invention d'Un Paysage" ("Normandy — The Seine Estuary: The invention of a Landscape" is an exhibition at the Sompo Japan Museum of Art that recently changed its name to Sompo Japan Nipponkoa Museum of Art. Just as the museum's name is rather too long — something to do with changes in the corporation that owns it — so the title of this exhibition feels elongated and cumbersome.
Japan Times
CULTURE / Art
Sep 4, 2014
'L'Estuaire de la Seine: l'Invention d'Un Paysage'
The picturesque region of Normandy in northern France became a fashionable resort area for Parisians after the establishment of railways made it more accessible during the late 19th century. But even before then, landscape painters had long been enchanted by the area, drawn to its abundance of nature and historical architecture.
Japan Times
CULTURE / Art
May 14, 2014
Nagoya hosts works from one of the largest collections in the U.S.
For Malcolm Rogers, the Ann and Graham Gund Director of the Museum of Fine Arts, Boston (MFA), visiting Japan in mid-April had a special resonance. The MFA this year celebrates its 15th anniversary of ties with what is not only its very first sister museum, but also its sole sister museum in Asia: the Nagoya/Boston Museum of Fine Arts (N/BMFA).
Japan Times
CULTURE / Art
May 14, 2014
Before the vividness of France came the simplicity of Holland
It must be something of a Faustian bargain buying a Post-Impressionist painting for a record-breaking price. In 1987, Yasuo Goto, president of Yasuda Fire & Marine Insurance Co., bought Van Gogh's "Vase with Fifteen Sunflowers" (1888) for $39 million. Perhaps due to that daring purchase, his company, now merged in Sompo Japan, has ever since felt a strong obligation to maintain a high profile in the art world.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
Why hasn't Japan moved to prop up the weak yen?
Finance Minister Shunichi Suzuki speaks to reporters in Tokyo on Tuesday.
Snake on a train: Discovery of serpent delays Tokyo-Nagoya shinkansen
A Tokaido shinkansen. It is unclear whether the snake was venomous or how it ended up on the train, and there was no injury or panic among passengers.
In a first, Japan doctors sue Google over negative reviews on firm's map app
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

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