Investor Presentaiton
FY2023 Forecast (1)
JP JAPAN POST HOLDINGS
HOLDINGS
The business environment surrounding the Group is expected to become even more challenging than in the previous fiscal year due to rising
personnel expenses and prices.
Japan Post Co.'s postal and domestic logistics business will offset a decline in mail volume with an increase in parcel volume, but net income is
expected to decline year on year due to higher expenses.
Japan Post Bank is expected to post a year-on-year increase in net income as a result of gains on sales associated with risk adjustment operations.
Japan Post Insurance is expected to see a year-on-year decline in net income due to a decrease in policies in force.
Forecast
Group consolidated
net income
income
Net operating
Japan Post Co.
Net income
Postal and
domestic logistics
Post office
Int'l logistics
Japan Post Bank
Net income
Japan Post Insurance
Net income
JP JAPAN POST GROUP
¥240.0 billion
Decrease [(191.0) bil. (44.3)%]
¥7.0 billion
Decrease [(55.1) bil. (88.7)%]
¥(33.0) billion [\(65.8) bil. (-)%]
¥43.0 billion [\(6.3) bil. (12.8)%]
¥12.0 billion [+¥1.2 bil. +11.2%]
¥335.0 billion
Increase [+¥9.9 bil. +3.1%]
¥72.0 billion
Decrease [(25.6) bil. (26.2)%]
➤ A decrease of ¥97.0 billion in net income is expected
due to a decrease in the shareholding ratio of Japan
Post Bank shares (89% →60%).
Although we expect an increase in income from Yu-
Pack and other parcels and an increase in income from
the real estate business, net income is expected to
decrease due to factors such as a continued decline in
the volume of mail handled as a result of the progress
of digitalization, and an increase in personnel and other
expenses mainly due to rising prices, investment to
address the issues of aging facilities and equipment,
and growth-oriented investment.
➤ Net income is expected to increase mainly due to gains
on sales of shares and other assets associated with risk
adjustment operations and an increase in net fees and
commissions.
Net income is expected to decrease due to a
decrease in policies in force, etc.
*
Figures and percentages in brackets [ ] are
comparisons with the previous fiscal year's
results.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
5View entire presentation