Investor Presentaiton
General and Administrative Expenses
1. Summary
2. How to Increase
Corporate Value
3. Appendix
4. Financial Data
Financial Results
Asset
Management
Σ Business
Governance
General and administrative expenses for FY2024/3 H1 increased by JPY 1.4bn year on year to JPY 465.6bn.
While personnel expenses and commissions on bank agency services, etc. paid to Japan Post steadily decreased, IT expenses have
increased due to core system renewals.
G&A Expenses (Non-consolidated)
Main drivers of
increase and decrease
Reductions in employee numbers brought
about by factors such as fewer new hirings
(Ref.)
Number of employees (Refer to page 71)
as of Sep. 30, 2023: 11,852 people
[YOY: (286) people]
as of Sep. 30, 2022: 12,138 people
Increase in IT expenses [approx. JPY +6.0bn]
Commissions on bank agency services, etc.
paid to Japan Post and Contributions paid to
the Organization for Postal Savings, Postal
Life Insurance and Post Office Network
[approx. JPY (4.5)bn]
(billion yen)
(billion yen)
Increase
FY2023/3 H1
(A)
FY2024/3 H1
(B)
(Decrease)
Personnel expenses
■Non-personnel expenses
(B) - (A)
Personnel expenses*
56.2
55.3
(0.8)
■Taxes and dues
Salaries and allowances
45.9
45.0
(1)
(0.8)
(1)
979.0
44.9
922.1
35.4
Non-personnel expenses
389.8
392.7
(2)
2.9 i
Commissions on bank agency services,
174.2
163.3
(3)
(10.9)
etc. paid to JAPAN POST Co., Ltd.
Contributions paid to the Organization
819.0
772.9
464.2
18.1
465.6
for Postal Savings, Postal Life Insurance
and Post Office Network
115.3
121.8
6.4
17.4
Deposit insurance expenses paid to
Deposit Insurance Corporation of Japan
13.7
13.9
0.2
389.8
392.7
Taxes and dues
18.1
17.4
(0.6)
115.1
113.7
FY21
FY22
56.2
FY22
H1
55.3
FY23
H1
Total
464.2
465.6
1.4
* Personnel expenses include non-recurring losses.
JP JAPAN POST BANK
BANK
Copyright© JAPAN POST BANK All Rights Reserved.
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