Komori
Occurring Fact8729Sony Financial Group Inc.Financials (excluding banks)

Progress on Sony Life’s Initiatives to Prevent and Detect Misconduct at an Early Stage

Sony Life updated the status of its confirmation of improper monetary transactions involving sales employees, former sales employees and exclusive agencies. Confirmation has been completed for 18 sales employees, and improper receipt or transfer of money was confirmed in 4 cases. Confirmation remains ongoing for 9 people associated with exclusive agencies.

Worth reading
76Important
Scored from 3 of 5 sections
Direction
Deterioration
Direction inferred from the company’s description.
Scale
4030
¥10,000
Wording
Avoiding a definitive answer
How definitive the wording is.

Progress of our efforts to prevent and detect improper conduct at an early stage

Subject Entity

Sony Life Insurance Co., Ltd., its sales employees and former sales employees, and its exclusive agencies (プレミア・エージェンシー)

Target Locations / Products

Approximately 90,000 customers served by Sony Life’s exclusive agencies, approximately 2.7 million customers served by its sales employees, insurance contracts and investment products, among others

OccurrenceReports were received by 24 April 2026, and the status of confirmation was compiled as of 22 May 2026
Same day
Awareness or receipt of notice24 April 2026
This disclosure05/28/2026
Amount of Impact on Business Performance

The impact on consolidated results is undetermined at this time

Impact on Earnings Forecast

The impact on consolidated results is undetermined at this time. If any matters requiring disclosure arise based on the results of future investigations, they will be announced promptly.

Company response

Investigation structure

Fact-finding and investigations are being conducted while confirming the views of external experts, including attorneys.

Measures to prevent recurrence

Strengthen direct contact with customers by head office; change the system to add information corresponding to each sales employee’s professional qualifications and the products they are authorized to handle (scheduled to begin in October 2026); for all applications, have head office confirm the contract details and the customer’s intentions by telephone (scheduled to begin in April 2027); regularly contact all existing customers from head office through the app, LINE, SMS, email, telephone and other channels to confirm that no improper conduct has occurred (scheduled to begin in April 2027)

Outlook

Sony Life will continue confirming matters with customers served by its exclusive agencies and sales employees, and expects to complete confirmation for substantially all customers by the end of November 2026. Based on the confirmation results, Sony Life will analyze the causes and consider further strengthening its efforts.

Planned follow-up disclosure

Sony Life plans to announce around mid-September 2026 the results of confirmation with customers served by its exclusive agencies, the progress of confirmation with customers served by its sales employees, and other related information.

Event that occurred
ItemDetails
Event nameProgress of our efforts to prevent and detect improper conduct at an early stage
Date of occurrenceReports were received by 24 April 2026, and the status of confirmation was compiled as of 22 May 2026
Date recognized / date notice received24 April 2026
Subject EntitySony Life Insurance Co., Ltd., its sales employees and former sales employees, and its exclusive agencies (プレミア・エージェンシー)
Target Locations / ProductsApproximately 90,000 customers served by Sony Life’s exclusive agencies, approximately 2.7 million customers served by its sales employees, insurance contracts and investment products, among others
Amount of Impact on Business PerformanceThe impact on consolidated results is undetermined at this time
Impact on Earnings ForecastThe impact on consolidated results is undetermined at this time. If any matters requiring disclosure arise based on the results of future investigations, they will be announced promptly.
Investigation structureFact-finding and investigations are being conducted while confirming the views of external experts, including attorneys.
Measures to prevent recurrenceStrengthen direct contact with customers by head office; change the system to add information corresponding to each sales employee’s professional qualifications and the products they are authorized to handle (scheduled to begin in October 2026); for all applications, have head office confirm the contract details and the customer’s intentions by telephone (scheduled to begin in April 2027); regularly contact all existing customers from head office through the app, LINE, SMS, email, telephone and other channels to confirm that no improper conduct has occurred (scheduled to begin in April 2027)
OutlookSony Life will continue confirming matters with customers served by its exclusive agencies and sales employees, and expects to complete confirmation for substantially all customers by the end of November 2026. Based on the confirmation results, Sony Life will analyze the causes and consider further strengthening its efforts.
Planned follow-up disclosureSony Life plans to announce around mid-September 2026 the results of confirmation with customers served by its exclusive agencies, the progress of confirmation with customers served by its sales employees, and other related information.
Items this document does not state (14)
CauseAccounting period in which recognizedType of litigation or proceedingCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

Taking seriously the situation reported by multiple customers, Sony Life is conducting confirmation and investigations from the perspectives of customer protection and its social responsibilities. In light of the fact that multiple instances of improper receipt or transfer of money have already been confirmed, Sony Life will further strengthen its efforts to prevent such conduct and detect it at an early stage.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Progress on Sony Life’s Initiatives to Prevent and Detect Misconduct at an Early Stage | Sony Financial Group Inc. (8729) timely disclosure | Komori