Sony Financial Group Inc. [8729.T]
TOKYO, Apr 30 (Pulse News Wire) – Sony Financial Group Inc. (8729.T) received an order from the Financial Services Agency (FSA) today requiring its subsidiary, Sony Life Insurance Co., Ltd., to submit reports based on Article 128, Paragraph 1 of the Insurance Business Law.
The report pertains to efforts addressing misconduct cases and verifying customer contract statuses. Sony Life Insurance, led by President Hiroyuki Tsubota, acknowledged receipt of the directive and apologized for any inconvenience caused to customers and stakeholders.
The company stated it would earnestly address the issues raised and work towards preventing future misconduct while building a customer-centric environment. Further updates on the progress of ongoing investigations will be disclosed by the end of May, with subsequent releases scheduled as necessary.
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