Japan Post Holdings Co., Ltd. · TSE:6178
Japan Post — Q2 FY2024/3 Earnings Presentation
49 slides from Japan Post's earnings presentation, November 2023
Slide 1: BP Axa
BP Axa ee 2023 11
Slide 2: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
1 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 1
Slide 3: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 2
Slide 4: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
2024 3 2 56,181 15,826 12,995 31,139 1,677 1,244 3,707 884 3.1% 7.3% 39.9% 2.8% 3,352 229 2,538 993 407 577 336 647 13.8% 15.2% 187.5% 1,202 210 1,821 504 857 474 235 21 41.6 14.8% 4.4% 2023 3 89 →61.5 2024 3 6,200 150 4,700 1,400 54.1% 54.0% 70.9% 2,400 70 3,350 720 50.1% 54.3% 70.1% 1 2 100 61
Slide 5: 2Q 2Q 2Q
6,000 3,000 5,476 2,651 5,000 2,500 2,353 2,059 4,000 2,000 1,821 3,256 3,352 1,586 2,945 3,000 1,500 2,538 1,202 2,201 1,838 1,000 2,000 805 993 482 504 1,000 500 348 347 263 64 0 345 0 △ 229 △ 210 △ 1,000 △ 500 22/3 2Q 23/3 2Q 24/3 2Q 22/3 2Q 23/3 2Q 24/3 2Q Copyright © 2023 JAPAN POST GROUP. All
Slide 6: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 5
Slide 7: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 6
Slide 8: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 7
Slide 9: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 8
Slide 10: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 9
Slide 11: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 10
Slide 12: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 11
Slide 13: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
15000 13,424 13,637 13,783 13,681 13,031 1,000 12,770 12,556 12000 800 9000 455 600 376 6000 242 240 400 3000 128 78 200 0 0 (200) (211) (400) '16 '17 '18 '19 '20 '21 '22 190 177.3 180 172.2 167.8 170 163.5 160 152.4 148.5 150 144.4 140 130 120 110 100 '16 '17 '18 '19 '20
Slide 14: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 13
Slide 15: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 14
Slide 16: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 15
Slide 17: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
300 1,200 14,000 250 12,000 1,000 200 10,000 800 150 8,000 600 6,000 100 400 4,000 50 200 2,000 0 0 0 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 16
Slide 18: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 17
Slide 19: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
1 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 18
Slide 20: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
2 3 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 19
Slide 21: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
4.7 3.4 12.3 1 1.7 5.1 344 3.5 100 1.0 507 444 9,000 8,729 1.6 % 8,592 4.7 % 491 2.8 % 478 8,184 1.7 % 8,000 486 1,582 2.9 % 1,537 12.3 % 7,000 1,347 6,000 6,655 1.2 % 6,578 3.4 % 6,351 5,0000 22/3 23/3 24/3 22 2024/3 2023/3 123 9,415 9,760 344 99 74 69 31 9,923 9,822 100 40 25 6,226 6,157 69
Slide 22: 24/3 2023/3 Q2 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
78 1.5 11 0.2 67 18.1 6,000 5,728 350 5,378 78 5,300 522 53 575 17 592 969 6 962 14 948 4,000 1,817 74 1,742 109 1,633 2,000 965 271 694 68 625 1,454 50 1,404 96 1,500 0 22/3 23/3 24/32023/3 Q2 2 2024/3 2023/3 5,300 5,378 78 16 4,995 5,006 11 3 0 3,568 3,619 50 109 46 17 1,426 1,387 38 68 10 6 1
Slide 23: EBIT
851 27.2 801 26.3 EBIT 49 57.1% EBIT 2 2024/3 2023/3 187 86 37 250 2,284 3,136 851 2,130 2,934 804 200 60 2,247 3,049 801 150 2,095 2,852 757 37 100 93 662 698 36 50 97 64 617 653 35 53 4 0 △6 1,584 2,350 765 △ 19 △ 20 △ 48 1,477 2,199 721 △ 50 2022/3 Q2 2023/3 Q2 2024/3 Q2 2022/3 Q2 2023/3 Q2 2
Slide 24: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
1,216 7.2 10 201 552 229 577 210 474 2 2024/3 2023/3 15,798 17,015 1,216 16,000 16,664 664 10,413 10,429 16 5,586 6,235 648 201 350 552 229 347 577 64 56 7 165 404 569 94 210 263 474 2024/3 2023/3 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 23
Slide 25: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
2 2024/3 2023/3 919 3,777 5,763 1,985 24 3,379 4,299 919 1,090 775 750 24 15 377 713 1,090 238 518 757 139 193 333 2,337 4,676 4,660 15 3,350 54.3% 0 0 898 1,102 2,001 % 2024/3 2023/3 3,436 1,098 2,337 2,538 2,201 336 3.85 3.36 0.48 1,821 1,586 235 65.07 68.14 3.06 Copyright © 2023 JAPAN POS
Slide 26: 2Q 2Q Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
2024/3 2023/3 2024/3 2023/3 3,375 4,297 921 768 742 25 6,776 6,110 665 455 464 8 929 1,305 375 186 166 20 5,395 4,428 967 3 59 61 1 1 545 1,003 457 66 51 14 3,400 1,812 1,587 3 4,000 3,294 2 3,000 200 193.4 194.9 194.1 1,915 1,465 1 2,000 190 189.5 578 963 912 1,000 1,829 135 366 443 951 545 0 180 2
Slide 27: 2Q Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
250 2024/3 2023/3 229.6 % % 226.3 226.8 220.5 13.2 13.1 13.6 1,377,406 60.7 1,327,694 58.6 49,712 207.5 11.5 200 11.3 389,045 17.1 381,147 16.8 7,898 1 60.6 66.6 68.2 63.3 170,010 7.4 162,974 7.1 7,035 51.4 818,351 36.0 783,572 34.6 34,778 150 4.6 4.4 5.7 4.9 5.5 5.8 5.6 6.3 279,732 12.3 261,390 11.
Slide 28: P10 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
2 2024/3 2023/3 31,139 32,024 884 647 993 30,146 31,679 1,532 993 345 + 647 21 504 70 812 742 1 70 814 743 3 344 271 + 72 504 482 + 21 2 3 452 327 + 124 2024/3 2023/3 2024/3 2023/3 2 30,787 32,176 1,389 1,317 1,046 + 271 1 57 721 + 779 2 372 15 388 1,002 339 + 662 3 P10 Copyright © 2023 JAPA
Slide 29: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
60 150 500 452 53 400 111 109 327 99 40 100 300 29 229 200 20 50 10 25 100 15 8 0 0 0 22/3 23/3 24/3 22/3 23/3 24/3 22/3 23/3 24/3 50,000 3,000 8,000 2,280 35,389 6,270 2,098 40,000 5,930 5,782 2,024 32,176 30,787 6,000 2,000 806 9,546 2,872 726 30,000 2,708 2,634 694 8,637 8,255 4,000 20,000 25,843
Slide 30: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
( ) 2024/3 2023/3 80 % % 487,092 79.1 498,414 79.5 11,322 71.6 70.1 67.1 367,622 59.7 371,146 59.2 3,523 7.0 5.7 4.9 62.6 61.5 5.6 4.9 4.4 29,905 4.9 34,001 5.4 4,096 60 4.2 3.9 3.0 4.1 3.6 1.9 4.5 3.5 41,160 6.7 42,289 6.7 1,129 1.9 4.6 1.9 4.7 4.6 5.3 0.2 0.4 4.3 1.7 0.4 2.9 1.8 4,696 0.8 4,091 0.
Slide 31: JP JP JP
2023 9 JP JP JP 2 JP JP 3 JP JP 1 JP 1 1 JP Toll Holdings Pty Limited 1 JP JP 1 ATM 1 7 JP JP JP 1 JP 1 3 2023 4 1 2 2023 4 1 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 30
Slide 32: Modern Urban Village / Green Wellness
2023 2023 6 ( ) 330 204,000㎡ 4,600㎡ “Modern Urban Village” 2 Green Wellness 2024/3 2023/3 220 193 27 164 147 16 36 27 9 JP 14 11 2 JP 15 16 0 236 176 60 16 17 33 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 31
Slide 33: 2Q 7 9 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
・ 1 2Q 7 9 9 6 2 2024/3 2023/3 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 32
Slide 34: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 33
Slide 35: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 34
Slide 36: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
8,000 6,851 4000 800 671 6,354 6,664 6,532 623 651 646 638 6,258 6,000 5,596 3000 600 4,889 4,000 2000 400 1,021 1,070 953 151 185 188 181 178 2,000 817 605 1000 200 28 153 0 0 0 '16 '17 '18 '19 '20 '21 '22 '18 '19 '20 '21 '22 1,200 5,200 1,000 4,953 5,006 497 5,000 4,836 800 357 428 420 426 261
Slide 37: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 36
Slide 38: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 37
Slide 39: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 38
Slide 40: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
ー ょ Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 39
Slide 41: PC
PC Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 40
Slide 42: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ ✔ Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 41
Slide 43: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
な ✔ ✔ ✔ ✔ ✔ ✔ な み ・ Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 42
Slide 44: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
212 5 93 4 0 8 17 23 48 23 61 69 78 19 56 18 30 78 10 99 '16 '17 '18 '19 '20 '21 '22 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 43
Slide 45: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
✔ 2 1 ✔ ✔ 1 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 44
Slide 46: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
✔ ✔ ✔ ✔ ✔ ✔ Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 45
Slide 47: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
4,837 5,016 4,182 4,310 2,400 50 50 50 50 50 3,500 3,000 2,000 2,022 2,022 1,831 1,730 1,627 '19 '20 '21 '22 '23 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 46
Slide 48: Copyright © 2023 JAPAN POST GROUP. All Rights Reserved.
'15 '22 Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 47
Slide 49: Email: irshitsu.ii@jp-holdings.jp
Email: irshitsu.ii@jp-holdings.jp Copyright © 2023 JAPAN POST GROUP. All Rights Reserved. 48
Japan Post Holdings — Q2 FY2024/3 Earnings Presentation on 6ix