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A graying Japan’s three concerns and how to ease them

We have made the wellbeing business a core segment of our new management structure, with the aim of creating a society where everyone can enjoy long lives. To get there, we are drawing on the strengths of our businesses operating in the insurance and nursing care industries to tackle the “three concerns” that define life in a longevity society: health, caregiving, and post-retirement finances.

Index

This piece is the first of a three-part series, “The launch and strengths of SOMPO Wellbeing.” Please also see parts 1 and 3.
Part 1: Proactively creating value: Going beyond just insurance
Part 3: Enabling companies to adopt human capital management (COMING SOON)

Japan’s “three concerns” in a longevity society

To make longevity attainable for everyone, we at the Sompo Group have focused on resolving what we call the “three concerns” arising from a low birthrate and aging population.

  • Health: Concerns about how long one’s “healthy life expectancy” will be.
  • Caregiving: Anxieties about the future, such as “What will happen to me as I age?” and “How should I care for my parents?”
  • Post-retirement finances: Fears of insufficient retirement funds and long-term financial strain.

Our commitment to the wellbeing business stems from a strong desire to relieve these concerns and help realize long, fulfilling lives.

Wellbio: The one-stop consultation service

Under the newly established SOMPO Wellbeing business segment, we have launched a one-stop solution service designed to address all three areas of concern.

The core of this initiative is “Wellbio,” a free consultation service that begins with support regarding caregiving. From there, consultants can seamlessly assist with related issues, such as retirement finances, real estate sales, dementia-prevention programs, and even lifestyle improvement, offering tailored, comprehensive guidance that reflects individual customer circumstances.

Leveraging our collective strengths

Sompo Care, our group company specializing in care services, provides a full lineup of offerings, from residential facilities to at-home support.

With Wellbio, consultations are handled by advisors with extensive on-the-ground experience at Sompo Care. This ability to translate real-world caregiving expertise into practical, holistic solutions is a unique strength of the Sompo Group.

This piece is the first of a three-part series, “The launch and strengths of SOMPO Wellbeing.” Please also see parts 1 and 3.
Part 1: Proactively creating value: Going beyond just insurance
Part 3: Enabling companies to adopt human capital management (COMING SOON)

Guided by the concept of "connect and be connected," SOMPO Wellbeing is providing customers integrated support for the three concerns. Learn more about SOMPO Wellbeing’s vision and what the guiding concept actually means.
More about SOMPO Wellbeing

Yasuhiro Oba

Yasuhiro Oba

Joined Yasuda Fire & Marine Insurance (now Sompo Japan) in 1988. After serving as Director and Executive Officer, became President and CEO of NKSJ Himawari Life (now Sompo Himawari Life). SOMPO Wellbeing CEO since April 2025.

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