NKSJ Nippon Koa Sompo Japan SWOT Analysis, USP & Competitors
Posted in Banking & Financial Services, Total Reads: 705
SWOT Analysis of NKSJ Nippon Koa Sompo Japan with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
NKSJ Nippon Koa Sompo Japan Holdings
Property and Casualty Insurance
Banking and Finance
Considered as the highly evaluated service company always considering customer’s perspective in company’s actions
Property and casualty (P&C) insurance, life insurance and other financial services. The group's other business includes asset management, risk consulting, healthcare, and pension plans.
Targeting Japan P&C insurance segment not only in terms of business scale, but also service quality.
NKSJ Group aims to improve its corporate value by establishing our position among customers as the most highly evaluated service company, always carefully considering the customer's perspective in our business actions. To this end, we will extend the highest quality of service in order to provide security and peace of mind to our customers.
1. Strong position in domestic market in Japan 2. Financial position is strong which provides competitive ability especially in domestic market 3. Revenue from different sources limits volatility
4. One of the most efficient business organisations in terms of expertise and knowledge
1. Strong dependence on local markets increases business risk
2. Market share is limited due to lesser presence compared to global leaders
1. Aging population can lead to increase in demand 2. Emerging markets could offset contraction in the domestic P&C markets
3. Increase in significant synergy could lead to operational advantage
1. Economic position of Japan especially the natural disaster is a point of concern
2. Fluctuating global economic scenarios can affect performance
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