Japan Post Holdings Co., Ltd. · TSE:6178

Japan Post — Q2 FY2019 Earnings Presentation

36 slides from Japan Post's earnings presentation, Nov 22, 2018

  1. Slide 1: Japan Post Holdings Interim Results

    PP Aamir HOLDINGS 2019 3 2018 11 22

  2. Slide 2: Appendix

    APPENDIX Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 1

  3. Slide 3: Consolidated results highlights

    ➢ 2019 3 3,300 2,237 +24.2 ➢ 3 3,800 ➢ 25 25 6 2,731 4,158 2,237 1.7 1.1 24.2 133,265 124,500 9,161 4,606 129,203 3,800 7,952 7,300 1,801 2,237 1,497 65,577 63,796 62,731 4,206 4,158 3,032 289 2017 2018 2019 2017 2018 2019 2017 2018 2019 3 3 3 3 3 3 3 3 3 Copyright © 2018 JAPAN POST GROUP. All Right

  4. Slide 4: Copyright © 2018 JAPAN POST GROUP. All Rights Reserved.

    Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 3

  5. Slide 5: Results by segment

     2019 3 2 62,731 18,908 9,653 38,983 1,064 560 1,565 1.7% 3.1% 3.9% 4,158 246 2,233 1,616 48 375 72 1.1% 4.3% 2,237 191 1,592 687 435 362 174 24.2% 34.1%  2019 3 2018 5 6,600 570 3,700 2,200 63.0% 43.3% 60.3% 73.5% 3,300 450 2,600 880 67.8% 42.5% 61.2% 78.1% 1 2 3 2018 3 3 P9 P11 Copyright © 2018

  6. Slide 6: Postal and logistics business

     18.1  575 6.3  331 10,000 9,691 1.7% 9,529 0.0% 9,533 313 26.2% 395 18.1% 467 9,000 1,658 1.3% 1,679 2.5% 1,721 8,000 7,000 3.4% 1.5% 7,720 7,455 7,345 6,000 0 5,000 17/3 18/3 19/3 2 2019/3 2018/3 9,665 9,089 575 70 9,713 9,469 244 108 62 6,214 6,080 133 27 32 5 3,499 3,388 111 47 379 331 Copyri

  7. Slide 7: Post office network segment

      43 18.2 8,000 6,861 90 6,770 3 6,766 961 37 998 4 1,003 6,000 842 15 857 62 920 4,000 3,090 72 3,018 18 3,036 2,000 1,967 71 1,895 88 1,806 0 17/3 18/3 19/3 2 2019/3 2018/3 6,766 6,770 3 6,486 6,533 46 20 4,588 4,611 23 5 18 62 17 20 1,897 1,921 23 11 2 23 280 237 43 Copyright © 2018 JAPAN POST

  8. Slide 8: International logistics business

     219 5.5  EBIT 13 41.3  EBIT 2 150 68 80 2019/3 2018/3 47 60 33 40 4,224 4,004 219 100 20 3,465 3,425 40 0 4,177 3,971 205 50 93 20 3,426 3,396 30 77 72 40 1,296 1,304 7 0 2 8 6 1,063 1,115 51 60 17 13 8 4 10 2,880 2,667 212 80 22 2,362 2,280 81 50 100 2017/3 Q2 2018/3 Q2 2019/3 Q2 47 33 13 EBIT

  9. Slide 9: Banking business

     557 3.0 1 8,875  377 255 362 191 2 2019/3 2018/3 18,875 18,317 557 18,619 18,440 179 11,866 11,807 59 6,752 6,632 120 255 122 377 246 128 375 14 13 28 231 115 346 191 171 362 Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 8

  10. Slide 10: Japan Post Bank results

    2 2019/3 2018/3  374 7,202 7,202 7,577 374 5,491 6,180 689 689 58 529 471 58 1,181 925 255 255 5,219 5,222 2  2 5,219 0 0 1,983 2,354 371  371 1,983 251 216 34 2,234 2,571 337  337 2,234 1,592 1,815 222  1,592 222 9,653  1,592 61.2 2,233 1,592  180 3,749 2019/3 2018/3  15.44 1,803,749 1,798,

  11. Slide 11: Japan Post Bank key indicators

    190 600 529 471 179.8 180.3 179.4 429 177.7 177.8 180 400 170 200 0 160 0 15/3 16/3 17/3 18/3 18/9 17/3 18/3 19/3 5,000 4,656 25,000 20,192 4,000 3,577 20,000 16,423 15,215 13,101 3,000 2,437 15,000 2,000 10,000 1,000 5,000 0 0 17/3 18/3 19/3 17/3 17/9 18/3 18/9 Copyright © 2018 JAPAN POST GROUP. Al

  12. Slide 12: Securities and asset portfolio

    2019/3 2018/3 % % 1,377,597 67.0 1,392,012 67.0 14,414 4.0% 607,999 29.6 627,497 30.2 19,497 1 168,538 8.2 171,526 8.2 2,988 601,059 29.2 592,988 28.5 8,071 29.6% 215,508 10.4 202,443 9.7 13,064 23.5% 3.1% 2 385,309 18.7 390,426 18.7 5,116 205 44,489 2.1 42,415 2.0 2,074 23,351 1.1 22,861 1.1 489 29

  13. Slide 13: Life insurance business

    2 2019/3 2018/3  38,983 40,548 1,565 37,367 38,859 1,492 72 1,616 1,616 1,688 72 687 512 174 174 687 78.1% 2,071 1,944 127  302 24 278 153 233 79 1 3 1,615 1,686 71  1,845 2,089 243 2 9,578 2019/3 2018/3  47,833 48,595 761 1,107.4% 11 8,912 1,107.4 1,131.8 24.4 118,912 129,048 10,136 1 2 3 P13 C

  14. Slide 14: Japan Post Insurance key indicators

    3,000 400 150 2,500 2,823 120 135 300 330 2,000 2,089 279 90 1,845 260 94 1,500 200 88 60 1,000 100 500 30 0 0 0 17/3 18/3 19/3 17/3 18/3 19/3 17/3 18/3 19/3 60,000 7,509 7,555 4,000 49,796 8,000 7,361 48,595 47,833 3,156 3,040 2,984 4,023 3,688 3,558 3,000 17,716 14,921 14,051 6,000 1,441 40,000 1,

  15. Slide 15: Insurance investment portfolio

    2019/3 2018/3 % % 588,690 78.7 601,309 78.3 12,618 380,329 50.9 395,898 51.5 15,569 4.0% 7.6% 81,285 10.9 85,135 11.1 3,849 9.6% 55,904 7.5 54,729 7.1 1,174 2.5% 2,359 0.3 1,953 0.3 405 74 50.9% 6.7% 50,319 6.7 43,475 5.7 6,843 0.3% 7.5% 18,491 2.5 20,115 2.6 1,623 10.9% 30,220 4.0 28,148 3.7 2,072

  16. Slide 16: Copyright © 2018 JAPAN POST GROUP. All Rights Reserved.

    Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 15

  17. Slide 17: Forecasts for fiscal year ending March 2019

    2019 3  5 5 7,300 700 3,800 500 900 330 750 300 3,700 2,600 2,600 400 1,110 230  1 50 53.2% 25 25 Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 16

  18. Slide 18: Copyright © 2018 JAPAN POST GROUP. All Rights Reserved.

    Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 17

  19. Slide 19: Copyright © 2018 JAPAN POST GROUP. All Rights Reserved.

    － －       Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 18

  20. Slide 20: Monthly trends

    14,000 +33.0% +40.0% +30.2% +28.8% +27.2% +29.3% +27.4% +25.9% +26.7% +26.5% +25.3% +19.7% +22.1% +22.1% +22.1% 12,000 +18.8% +15.5%+15.5% +20.0% 10,686 +5.8% 10,000 8,886 +0.0% 8,101 7,956 7,927 7,976 8,000 7,694 7,507 7,298 7,362 7,077 6,939 7,050 6,713 6,502 6,664 -20.0% 6,268 6,000 5,692 -40.0%

  21. Slide 21: Postal business trends

    2 2 5,000 4,000 1,854 1,967 1,813 1,895 1,806 3,036 1,806 3,000 24,000 2,000 3,031 3,081 3,090 3,018 3,036 1,000 0 24,000 24,000 234 82 Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 20

  22. Slide 22: Operating data trends

    300 250 1500 250 200 200 143 1000 132 150 721 706 99 150 100 76 100 500 50 141 152 50 123 127 106 657 633 610 76 0 0 0 '16 '17 '18 '16 '17 '18 '16 '17 '18 Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 21

  23. Slide 23: JP

    JP Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 22

  24. Slide 24: Copyright © 2018 JAPAN POST GROUP. All Rights Reserved.

    Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 23

  25. Slide 25: Copyright © 2018 JAPAN POST GROUP. All Rights Reserved.

    3 56.9% 1 100% 50% 89%2 89% 1. 2018 9 2. 2018 9 Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 24

  26. Slide 26: Toll Holdings Limited

    2018 9 Toll Holdings Limited Toll Holdings Limited Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 25

  27. Slide 27: Copyright © 2018 JAPAN POST GROUP. All Rights Reserved.

    15 4 1 18 Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 26

  28. Slide 28: Copyright © 2018 JAPAN POST GROUP. All Rights Reserved.

    3 ・ Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 27

  29. Slide 29: Earnings trends

    5,000 4,733 2,500 2,237 4,206 2,134 4,158 4,000 2,000 1,815 1,715 3,032 1,509 1,801 1,592 3,000 1,500 2,516 2,571 1,497 2,124 2,233 2,000 1,688 1,000 1,616 2,187 687 1,078 485 512 425 1,000 500 191 246 0 0 128 124 218 276 171 287 1,000 500 16/3 17/3 18/3 19/3 16/3 17/3 18/3 19/3 Copyright © 2018 JAP

  30. Slide 30: Fiscal 2020 targets

    2020 ⇑ Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 29

  31. Slide 31: Fiscal 2020 targets

    2020 － Copyright © 2018 JAPAN POST GROUP. All Rights Reserved. 30

  32. Slide 32: Net income trend and forecast

    6,000 5,627 4,689 4,790 4,826 4,606 4,227 4,502 4,189 4,259 3,800 4,100 +a 4,000 3,739 3,694 3,546 3,348 3,250 3,163 2,967 3,122 2,800 3,527 2,000 2,293 2,600 910 885 1,044 1,110 930 706 701 772 677 634 813 848 0 383 600 329 221 472 584 750 650 143 145 47 289 2,000 3,852 4,000 09/3 10/3 11/3 12/3 13

  33. Slide 33: Slide 33

  34. Slide 34: Slide 34

  35. Slide 35: Slide 35

  36. Slide 36: Contact

    Email: irshitsu.ii@jp-holdings.jp

Japan Post Holdings — Q2 FY2019 Earnings Presentation on 6ix