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Investor Presentaiton

Japan Post Group: Trends in Net Ordinary Income and Net Income of Major Companies JP JAPAN POST HOLDINGS HOLDINGS Japan Post Co.'s net income declined due to a severe competitive environment in the parcel field and an increase in personnel and other expenses. Japan Post Bank's net income is on a rise due to earnings contributions from strategic investment areas and an increase in net fees and commissions. Despite the trend of lower net income, Japan Post Insurance expects a turnaround during the Medium-term Management Plan period as it moves forward with the transition to a new and strengthened sales structure. Ordinary Income 1,000 914.1 864.4 (Billions of Yen) 991.4 600 880.0 483.7 418.2 Net Income (Billions of Yen) 657.4 620.0 400 355.0 501.6 431.0 325.0 490.8 455.5 470.0 273.4 280.1 500 379.1 394.2 ☐ 420.0 350.0 335.0 240.0 356.1 286.6 345.7 166.1 200 150.6 158.0 97.6 140.0 72.0 91.0 117.5 93.2 168.1 143.5 87.1 62.1 7.0 149.1 22.0 79.4 15.0 53.4 120/3 '21/3 '22/3 123/3 '24/3(E) '26/3 (Mid Term) '20/3 '21/3 122/3 123/3 '24/3(E) '26/3 (Mid Term) Japan Post Group Japan Post Bank Japan Post Co. Japan Post Insurance Japan Post Group Japan Post Bank Japan Post Co. Japan Post Insurance Notes: 1. Figures less than ¥0.1 billion are rounded down. The figures of Japan Post Holdings (consolidated) and the combined figures of each subsidiary do not correspond because of other consolidated accounting procedures, etc. 2. The amounts of net income attributable to Japan Post Holdings, net income attributable to Japan Post Co., net income attributable to Japan Post Bank and net income attributable to Japan Post Insurance have been used for net income of Japan Post Holdings (consolidated), Japan Post Co. (consolidated), Japan Post Bank (consolidated) and Japan Post Insurance (consolidated), respectively. 3. Net income of Japan Post Holding for the fiscal year ending March 31, 2024 is calculated based on its ratios of shareholders' equity in Japan Post Bank and Japan Post Insurance (Japan Post Bank: approximately 60%, Japan Post Insurance: approximately 49%), etc. JP JAPAN POST GROUP Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 47
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