Japan Post Bank Co., Ltd. · TSE:7182

Japan Post Bank — H1 FY2025 Earnings Presentation

35 slides from Japan Post Bank's earnings presentation, Nov 14, 2024

Slide 1: BP p55 c8hiT
2025 3 2024 11 14 BP p55 c8hiT
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P. 2 P.17 P. 3 P.18 P. 4 P.19 P. 5 P.20 P. 6 P.21 P. 7 P.23 P. 8 P.24 P. 9 P.26 P.10 P.27 P.28 P.29 P.12 P.30 P.13 P.30 P.14 P.31 P.15 P.32 JP 13 ATM JP
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Slide 4: Summary of income statement, ROE and OHR
 2,228 406 61.0% 2023 2024  1 3,777 5,284 1,506 1,146 2 3,379 4,526 1,146 11 3 775 787 11 347 4 377 29 347  5 238 38 200 32  6 139 8 147 7 4,676 4,643 32 8 0 0 863  9 898 641 1,539 676 10 3,436 2,573 863 5,250 61.2%  11 2,538 3,214 676 3,650 61.0% 12 1,821 2,228 406 % 2021 2025 ROE 2 100 13 RO
Slide 5: Net income and profit breakdown
 2024 1,150 4,526 0.37%  2023 2024 1.2% 11,475 12,000 3,375 4,526 1,150 6,776 8,211 1,435 1.0% 9,618 10,000 929 1,154 224 5,395 6,198 803 7,851 1 545 837 292 0.8% 8,000 7,155 3,400 3,685 284 0.6% 6,000 0.52% 2 4,000 3,294 0.45% 1 3,000 2,164 0.4% 0.34% 0.37% 4,000 1,915 1,465 0.30% 2,000 1,534 6,6
Slide 6: Fees, ATM and KPI trends
 2024 12 780 ATM 2023 2024 1,463 1,515 1,500 127 768 780 12 1,274 104 118 122 72 455 449 6 136 328 373 1,000 ATM 186 193 6 227 768 780 66 72 59 64 5 59 64 500 186 193 66 72 6 837 911 892 455 449 0 2021 2022 2023 2023 2024 2023 2024 3,515 5,228 1,712 KPI KPI 1,600 94 1,745 2,936 1,191 1,500 90 80 1,
Slide 7: Expenses
 2024 32 4,623 2023 2024 12,000 553 528 25 10,000 450 445 4 9,221 9,248 3,927 3,894 33 8,000 1,633 1,577 56 1,218 1,233 15 6,000 139 140 0 4,642 4,656 4,623 174 201 26 4,000 4,656 4,623 32 2,000 2024 2025 2020 2020 0 2022 2023 2024 400 690
Slide 8: Securities-related income
2024 9 238.2 2024 9 191.3 125.1 66.0 238.2 2024 9 200 194.9 192.8 194.1 191.3 147.6 150 119.6 122.1 124.3 44.7 191.3 125.1 86.8 100 90.6 50 37.4 75.2 68.3 71.8 66.0 65.0 6.0 4.2 9.5 0 2023 3 2024 3 2023 9 2024 9
Slide 9: Securities portfolio
 2024 9 44.7 86.8 250 235.5 2024 3 2024 9 229.6 231.0 % % 226.3 220.5 12.4 13.2 13.7 1 1,464,593 63.3 1,476,106 62.6 11,512 13.1 11.5 2 438,620 18.9 447,852 19.0 9,231 200 57.8 65.2 3 1 159,923 6.9 160,140 6.7 216 66.6 68.2 60.6 4 866,048 37.4 868,113 36.8 2,064 6.8 4.2 150 4.6 4.4 6.1 6.0 5 293,26
Slide 10: Unrealized gains and losses on securities
 2024 9 1,700 2,925 2024 3 2024 9 1 1,155,280 19,475 1,096,601 13,645 5,830 2 1,093,644 34,589 1,035,833 23,054 11,535 3 233,129 8,815 197,880 10,943 2,128 4 224,085 33,930 194,157 23,151 10,779 5 571,560 9,881 587,592 11,351 1,470 6 64,869 407 56,202 504 97 7 22,562 13,751 8,811 8 61,635 7,447 60,
Slide 11: Capital ratio (Tier 1)
 2024 9 15.08% Tier1 13.53% % % 30 2024 3 2024 9 93,259 95,474 2,215 621,190 633,004 11,813 600,350 613,837 13,486 20 15.01 15.08 0.06 15.53 15.56 15.53 15.01 15.08 % 10 10% 2024 3 2024 9 2021 2025 13.39 13.53 0.13 4% 13.23 13.53 0.30 0 2021 3 2022 3 2023 3 2024 3 2024 9
Slide 12: KPI trends
KPI 120 114 16 107.4 107.5 KPI 14 99.4 14 12.1 13.1 13.1 100 94.9 91.1 10.1 1.5 1.1 12.1 6.4 2.6 2.5 1.1 4.2 12 2.9 2.8 2.6 2.3 1.0 2.6 2.6 80 10.1 10 0.8 4.5 4.3 60 8 3.5 78.0 77.6 6.4 68.2 69.8 71.3 6 0.6 40 4.2 2.6 4 0.4 7.3 6.7 1.1 20 1.5 5.6 1.0 1.1 2 1.0 3.2 7.5 7.4 7.3 7.4 7.4 2.2 5.4 5.5 5.6
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Slide 14: Earnings forecast for FY2025
 1 3,650 4,000 • 2024 2024 2023 2024 2024 9 2 24.5.15 24.11.14 12,678 13,120 13,430 310 3 2024 9 1,530 1,500 1,550 50 2024 9 9,278 9,360 9,260 100 4,960 5,250 5,750 500 1 2 2024 9 3,561 3,650 4,000 350 3
Slide 15: Dividends and shareholder returns
 2024 2024 2021 2025 1 52 4 1 56 2021 2025 2023 2024  24.5.15 24.11.14 2021 2025 50% 1 51 52 56  51 52 56 50 60% 1 2024 1,844 1,881 2,025  51.8% 51.5% 50.6%   1
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Slide 19: Balance sheet
2024 3 2024 9 2024 3 2024 9 57,701,930 65,076,323 7,374,393 192,802,939 191,386,174 1,416,765 2,010,000 1,730,000 280,000 24,042,626 30,420,315 6,377,689 9,742,621 9,247,944 494,677 2,373,799 2,195,410 178,388 515,606 512,744 2,862 1,984,900 2,307,200 322,300 54 215 161 1,273 1,103 169 6,163,585 6,0
Slide 20: Income statement
2023 2024 2023 2024 376,107 527,840 151,732 508 289 219 337,580 452,646 115,065 504 287 217 76,882 78,098 1,216 3 1 2 38,354 2,904 35,450 254,010 317,623 63,612 24,545 3,860 20,685 75,522 94,300 18,778 13,925 872 14,798 3,422 577 2,845 466,305 463,016 3,288 72,100 93,723 21,623 56,074 53,457 2,617 1
Slide 21: Income statement details
2023 2024 117,562 160,444 42,882 132,719 206,570 73,850 92,990 115,405 22,415 15,157 46,125 30,968 2023 2024 220,017 292,201 72,183 544,939 624,835 79,895 539,519 619,851 80,331 324,922 332,634 7,711 2023 2024 337,580 452,646 115,065 677,644 821,189 143,544 340,064 368,542 28,478 1 2 2024 10,216 202
Slide 22: Yields and spreads
% 2023 2024 0.61 0.71 0.10 0.76 0.75 0.00 0.32 0.33 0.01 0.15 0.04 0.10 0.29 0.37 0.08
Slide 23: Yields on assets and liabilities
% 2023 2024 211,088,794 132,719 0.12 219,253,466 206,570 0.18 0.06 5,609,423 4,678 0.16 5,587,486 5,418 0.19 0.02 59,291,337 112,242 0.37 63,105,462 139,622 0.44 0.06 64,937,779 16,170 0.04 62,214,508 47,762 0.15 0.10 205,074,771 15,157 0.01 213,654,028 46,125 0.04 0.02 195,317,191 5,565 0.00 192,55
Slide 24: Yields and spreads detail
% 2023 2024 220,624,767 677,644 0.61 229,056,429 821,189 0.71 0.10 5,639,382 4,761 0.16 5,607,464 5,488 0.19 0.02 138,893,402 651,761 0.93 149,830,097 759,473 1.01 0.07 64,937,779 16,170 0.04 62,214,508 47,762 0.15 0.10 210,730,345 340,064 0.32 218,793,908 368,542 0.33 0.01 195,317,191 5,565 0.00 19
Slide 25: Securities balances
% 2024 3 2024 9 57,872,310 25.04 65,238,913 27.69 7,366,602 2,010,000 0.86 1,730,000 0.73 280,000 9,742,621 4.21 9,247,944 3.92 494,677 6,163,585 2.66 6,076,759 2.57 86,825 1,127,552 0.48 799,263 0.33 328,288 1,210,849 0.52 1,193,246 0.50 17,602 146,459,322 63.38 147,610,601 62.65 1,151,279 43,862,0
Slide 26: Securities by holding
2024 3 2024 9 122,475 170,035 292,510 2024 3 2024 9 18,927 21,334 2,407 29,210,352 921,095 24,816,558 1,145,260 4,393,793 224,165 23,312,956 881,501 19,788,030 1,094,399 3,524,926 212,898 1,334,299 2,956 1,079,804 5,184 254,494 2,228 891,924 746,728 145,196 3,671,172 36,637 3,201,995 45,676 469,176
Slide 27: Securities details
2024 3 2024 9 6,163,585 744,794 6,076,759 434,218 86,825 310,576 1,127,552 732,729 799,263 426,053 328,288 306,675 1,210,849 86,482 1,193,246 98,333 17,602 11,850 1 2 2024 284 2023 378 2024 3 2024 9 8,549,838 67,838 7,979,038 371 570,800 67,467 8,803,258 1,892,890 8,768,475 1,534,921 34,783 357,968
Slide 28: Expense breakdown
% 2023 2024 55,382 11.89 52,804 11.42 2,578 45,088 9.68 44,598 9.64 489 10,293 2.21 8,205 1.77 2,088 392,731 84.34 389,426 84.22 3,304 163,388 35.09 157,762 34.12 5,625 121,814 26.16 123,367 26.68 1,553 13,962 2.99 14,043 3.03 80 5,283 1.13 5,207 1.12 75 34,554 7.42 34,846 7.53 291 20,693 4.44 22,32
Slide 29: Loans
% 2024 3 2024 9 6,828,393 100.00 4,184,079 100.00 2,644,313 144,420 2.11 155,039 3.70 10,618 79,832 1.16 83,034 1.98 3,202 54,001 0.79 50,577 1.20 3,424 415,182 6.08 395,435 9.45 19,746 121,101 1.77 101,419 2.42 19,681 72,422 1.06 79,631 1.90 7,208 5,868,195 85.93 3,249,629 77.66 2,618,566 73,236 1.
Slide 30: Deposits
% 2024 3 2024 9 124,314,467 64.47 125,158,874 65.39 844,406 12,694,358 6.58 12,246,981 6.39 447,376 110,801,852 57.46 112,080,580 58.56 1,278,728 818,257 0.42 831,312 0.43 13,055 68,379,585 35.46 66,086,183 34.53 2,293,401 3,581,797 1.85 6,120,343 3.19 2,538,546 64,797,788 33.60 59,965,840 31.33 4,8
Slide 31: Supplementary data
2024 3 2024 9 662,128 573,225 88,903 0 227 227 40,927 41,033 105 4,191 5,148 957 558,966 469,939 89,026 15,603 15,239 364 7,784 8,038 254 1,315 874 440 33,340 32,724 616 603,278 426,331 176,947 599,385 422,892 176,493 3,893 3,439 454 58,850 146,894 88,043
Slide 32: Supplementary data
% 2024 3 2024 9 0 0 0 0 0 0 7,032,687 4,340,483 2,692,203 7,032,687 4,340,484 2,692,203 0.00 0.00 0.00 2024 3 2024 9 1,066 1,061 5 282 280 2 784 781 2
Slide 33: Capital adequacy
% 2024 3 2024 9 9,385,342 9,609,608 224,266 63,604 64,817 1,213 9,321,737 9,544,790 223,053 62,104,150 63,322,839 1,218,689 60,030,558 61,416,492 1,385,933 8% 2,073,591 1,906,347 167,243 8% 15.00 15.07 0.06 % 2024 3 2024 9 9,389,942 9,612,687 222,745 64,032 65,225 1,192 9,325,909 9,547,462 221,553 6
Slide 34: Securitized products (RMBS, CLO, CMBS)
SPE 2024 3 2024 9 RMBS 1,188,174 34,502 1,178,297 42,274 354,848 18,913 389,953 22,361 833,326 15,588 788,344 19,913 CLO 325,031 420 323,396 685 CMBS CDO 483 7 405 5 1,513,688 34,915 1,502,099 42,955 RMBS 21,302 4,799 16,590 3,439 CLO 2,765,100 649,484 2,573,566 293,134 2,020,261 363,990 2,287,948 2
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Japan Post Bank — H1 FY2025 Earnings Presentation on 6ix

Japan Post Bank — H1 FY2025 Earnings Presentation

Slide 1: BP p55 c8hiT

Slide 2: P. 2 P.17 P. 3

Slide 3: BP ps5 48ht7 [

Slide 4: Summary of income statement, ROE and OHR

Slide 5: Net income and profit breakdown

Slide 6: Fees, ATM and KPI trends

Slide 7: Expenses

Slide 8: Securities-related income

Slide 9: Securities portfolio

Slide 10: Unrealized gains and losses on securities

Slide 11: Capital ratio (Tier 1)

Slide 12: KPI trends

Slide 13: BP ps5 48ht7 [

Slide 14: Earnings forecast for FY2025

Slide 15: Dividends and shareholder returns

Slide 16: IG HY

Slide 17: BP ps5 48ht7 I

Slide 18: BP ps5 48ht7 [

Slide 19: Balance sheet

Slide 20: Income statement

Slide 21: Income statement details

Slide 22: Yields and spreads

Slide 23: Yields on assets and liabilities

Slide 24: Yields and spreads detail

Slide 25: Securities balances

Slide 26: Securities by holding

Slide 27: Securities details

Slide 28: Expense breakdown

Slide 29: Loans

Slide 30: Deposits

Slide 31: Supplementary data

Slide 32: Supplementary data

Slide 33: Capital adequacy

Slide 34: Securitized products (RMBS, CLO, CMBS)

Slide 35: BP ps5 48ht7 I