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

Japan Post — FY2015 Earnings Presentation

41 slides from Japan Post's earnings presentation, May 20, 2016

  1. Slide 1: Japan Post Holdings

    HOLDINGS 2016 5 20

  2. Slide 2: Appendix

    APPENDIX Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 1

  3. Slide 3: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 2

  4. Slide 4: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 3

  5. Slide 5: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    1-1  89.0 89.0 142,575 36,484 19,689 96,057 13 6,864 1,091 5,634 0.0% 23.2% 5.2% 5.5% 9,662 423 4,819 4,115 1,495 194 874 811 13.4% 85.1% 15.3% 16.5% 4,259 472 3,250 848 567 250 443 35 11.7% 113.1% 12.0% 4.4%  8,600 295 4,600 3,500 112.4% 143.5% 104.7% 117.6% 3,700 3,200 840 115.1% 101.5% 101.1% 4

  6. Slide 6: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    1-2  Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 5

  7. Slide 7: IFRS EBIT

    1-3-1  5,440 36,270 6,860 19,248 728 6,291 13,530 711 5,268 35,943 6,660 19,173 572 13,174 562 6,092 1,720 23,336 2,337 12,340 370 1,989 9,275 246 3,548 12,607 4,322 6,833 202 4,103 3,899 315 172 326 200 74 156 356 148 199 423 194 1 171 2015/7-2016/3 9 547 327 2 IFRS ¹ EBIT 86.47 / 3 472 250 Copyri

  8. Slide 8: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    1-3-2   2001 14 1.3 0.2% 22,324 22,036 22,082 22,000 428 13.2 485 5.8 513 3,324 1.1 5.3 19,248 18,519 728 20,000 3,362 3,539 18,000 19,173 18,600 572 16,000 2.1 0.9 12,340 11,970 370 18,572 18,189 14,000 18,030 6,833 6,630 202 12,000 10,000 0 74 81 156 14/3 15/3 16/3 Copyright © 2016 JAPAN POST GR

  9. Slide 9: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    1-3-3  170 6,291 6,462 2.6% 57 6,092 6,149 0.9% 113 199 312 36.2% Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 8

  10. Slide 10: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    1-3-4 15,000 13,530 12,605 12,819 ( 711) 12,534 12,533 ( 240) ( 285) ( 71) ( 0) 1,879 740 896 1,027 1,412 ( 467) ( 277) ( 156) ( 130) ( 385) 1,832 1,756 1,772 1,763 1,778 ( 207) ( 75) ( 6) ( 6) ( 15) 10,000 6,190 6,095 6,072 6,094 6,024 ( 128) ( 95) ( 23) ( 69) ( 48) 5,000 3,842 3,785 3,671 3,603 3,

  11. Slide 11: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    1-3-5   13,530 12,819 711 13,174 12,611 562 9,275 9,028 246 3,899 3,583 315 356 207 148 Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 10

  12. Slide 12: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    1-4-1   2016/3 2015/3 2016/3 2015/3 14,520 16,347 1,826 13,610 15,407 1,797 1,778,719 1,777,107 1,612 911 892 18 1 47 48 26.38 38.42 12.04 10,661 11,147 485 3,858 5,199 1,341 961 494 466 4,819 5,694 874 3,250 3,694 443 19,689 20,781 1,091 14,869 15,086 217 Copyright © 2016 JAPAN POST GROUP. All Ri

  13. Slide 13: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    1-4-2   180 177.7 177.8 176.0 176.6 1,000 175.6 926 892 911 170 800 160 600 0 150 4000 12/3 13/3 14/3 15/3 16/3 14/3 15/3 16/3   5,000 1,000 922 4,270 3,770 3,396 692 669 4,000 800 3,000 600 2,000 400 1,000 200 0 0 14/3 15/3 16/3 14/3 15/3 16/3 Copyright © 2016 JAPAN POST GROUP. All Rights Reser

  14. Slide 14: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    1-4-3  16/3 15/3 % % 25,420 1.2 27,839 1.3 54 6,966 26.6% 1,440,768 70.3 1,561,697 75.8 822,556 40.1 1,067,670 51.8 58,565 2.8 55,251 2.6 82 2,556 40.1% 2 5,420 2,049 0.1 2,269 0.1 1.2% 204 103,627 5.0 107,560 5.2 13 0.0 9 0.0 3 5,611 1.7% 453,955 22.1 328,936 15.9 5 8,565 35,611 1.7 34,916 1.6 2.8

  15. Slide 15: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    1-5-1   2016/3 2015/3 2016/3 2015/3 239 238 1 96,057 101,692 5,634 4,853 4,578 275 91,942 96,766 4,823 4,115 4,926 811 3,232 3,348 116 848 813 35 1,570.3 1,644.2 73.9 4,642 5,154 511 27,183 35,013 7,829 Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 14

  16. Slide 16: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    1-5-2  250 4,000 3,486 3,348 238 239 3,232 200 223 3,000 2,319 1,994 1,697 150 2,000 100 1,000 1,353 1,535 50 1,166 0 0 14/3 15/3 16/3 14/3 15/3 16/3  6,000 600 5,000 500 4,000 4,578 4,853 491 495 4,390 400 3,000 411 300 2,000 200 1,000 100 0 0 14/3 15/3 16/3 14/3 15/3 16/3 Copyright © 2016 JAPAN

  17. Slide 17: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

     16/3 15/3 % % 7 3,122 9.0% 89,784 11.0 99,773 11.7 1 6,445 2.0% 636,099 78.0 662,762 78.1 1,000 8 9,784 441,786 54.2 480,864 56.6 0.1% 11.0% 94,054 11.5 95,558 11.3 3 6,888 62,369 7.6 66,524 7.8 81 4.5% 36,888 4.5 19,814 2.3 9 4,054 44 1,786 1,000 0.1 11.5% 54.2% 6 2,369 7.6% 16,445 2.0 14,349 1.7

  18. Slide 18: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

     2016/3 1 15 11 25 25.7 23 25 28.8 25 56 39.6 56 Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 17

  19. Slide 19: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 18

  20. Slide 20: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    2016/3 2016/3 ) 7,700 1,962 3,200 1,059 270 153 90 147 120 352 290 152 140 265 4,200 619 3,000 250 3,100 1,015 860 11 Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

  21. Slide 21: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

      2017/3 1 50 64.3 25 25 50 62.4 25 25 60 41.9 60 100 2 Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 20

  22. Slide 22: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 21

  23. Slide 23: M&A Toll

    3-1 2 M&A への Toll な Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 22

  24. Slide 24: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    3-2 2015 4 1                            Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 23

  25. Slide 25: Super Regional & Super Global

    3-3 2016 e 2016 DOSS 13 Super Regional & Super Global ATM Watson Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

  26. Slide 26: e-commerce and EMS

    3-4-1 e- e- BtoC-EC EC % 15 5 4.4 3.9 4 10 3.2 3.4 2.8 3 12.8 2 5 11.2 8.5 9.5 7.8 1 0 0 '10 '11 '12 '13 '14 BtoC-EC EC (EC) EMS % % % % 13.4 14.0 20 40 600 15 4,000 80 150 40 11.8 31.2 36.6 69.1 3,000 70 30 15 29.9 30 400 10 61.5 100 59.0 17.8 23.3 2,000 60 20 10 19 20 485 513 3,539 11.9 428 3,324

  27. Slide 27: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    3-4-2 % % 25,000 6.0 150 123 65.0 64.6 64.6 18,054 18,519 19,248 100 20,000 74 64.5 3.9 4.0 64.1 15,000 50 64.0 10,000 2.6 0 2.0 63.5 5,000 50 0 0.0 100 81 63.0 '13 '14 '15 '13 '14 '15 '13 '14 '15 2013 2016 180 1994 1 2,000 10 20 2012 4 19 2015 8 0.7 20 2016 2016 6 87 200 Copyright © 2016 JAPAN POST

  28. Slide 28: Toll

    3-5 Toll Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 27

  29. Slide 29: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    3-6-1 2 2 10,000 20% 1 22% 2 4,024 177.8 2015 8,000 3,842 3,785 4,853 2015 3,671 3,603 3,783 6,000 6,094 3,783 24,000 4,000 6,319 6,190 6,095 6,072 6,024 6,094 24,000 18,000 2,000 234 1,100 0 1 2015 3 2015 3 '10 '11 '12 '13 '14 '15 2 2015 3 151,734 2015 3 Copyright © 2016 JAPAN POST GROUP. All Right

  30. Slide 30: IBM Apple

    3-6-2 303 250 200 2,000 300 250 1,500 200 1,500 1,337 200 150 1,124 165 115 1,000 100 100 66 500 50 0 0 0 '14 '15 '17 '14 '15 '17 '14 '15 '17 20,063 1  1,000 1 1 1,750  IBM Apple 200 7 2015 10 1,495 5 1 5,596  1,079 2 2016 6 1,316 Copyright © 2016 JAPAN POST GROUP. All Rights Reserved. 29

  31. Slide 31: 20bp 10bp® 10bp 10bp 10bp®0

    3-7-1  2016 3 177.8 54.7 20bp 10bp® 10bp 13.8 10bp 10bp®0 49.5 0.03%®0.001% 21 11.4 2016 3 24 82.2 1 0.035%®0.01% 3 0.04%®0.01% 102.4 10 5.8 10.5 45.3 17.6 11.5 2.5 207.0 3.5 2.0 Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

  32. Slide 32: Liability-driven portfolio and excess-return portfolio

    3-7-2  136 13 Liability-driven portfolio 2016 3 2015 3 1 48 +12 35  ALM  9 52 14 66  36 11 47 1 0 2 1. 62 13 2016 3 2015 3 Excess-return portfolio  6 +1 5 1 7 +1 6  1 45 +13 33 ( ) (26 ) (+12 ) (14 )  0 0 1 2( ) 2 +0 2 1 +0 1 1. 2. Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

  33. Slide 33: DIAM Janus

    3-8-1     (DIAM Janus) ( )   ( )  30 50% Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

  34. Slide 34: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    3-8-2   (2018 3 ) 1 2016 3 ( ) 500 ( ) 600 4,000 3,486 510 3,500 3,348 3,232 500 465 417 3,000 400 2,500 315 300 2,000 1,500 200 1,000 100 500 0 0 08.3 14.3 15.3 16.3 17.3 18.3 14.3 15.3 16.3 17.3 18.3 19.3 20.3 21.3 ( ) 1 Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

  35. Slide 35: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    3-9 ( 50% )   60% 50% 60.0 2014 40% 31.7% 50.0 50.0 50.0 20% 40.0 0% 25.0 30.0  20.0 25.0 4,000 3,547 3,694 25.0 3,250 9.6 11.1 3,000 3,000 10.0 2,000 1,000 0.0 0 13 14 15 16 17 13 14 15 16 9.1 10.4 64.3 50.0 1,000 25.7 813 848 860 628 500 0 13 14 15 16 Copyright © 2016 JAPAN POST GROUP. All Righ

  36. Slide 36: Appendix

    APPENDIX 35

  37. Slide 37: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    2010 2011 2012 2013 2014 2015 174,689 166,614 158,491 152,401 142,588 142,575 9,569 11,768 12,250 11,036 11,158 9,662 4,189 4,689 5,627 4,790 4,826 4,259 4,101 9,730 15,517 7,171 22,120 1,779 99,999 109,353 124,481 133,886 153,015 151,760 2,929,330 2,921,265 2,928,929 2,922,464 2,958,497 2,919,470 1

  38. Slide 38: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    2010 2011 2012 2013 2014 2015 18,098 17,744 17,677 17,930 18,384 19,104 6,318 6,190 6,095 6,072 6,024 6,094 4,024 3,842 3,785 3,671 3,603 3,783 5,440 462 740 896 1,025 1,396 1,846 28,904 28,517 28,455 28,699 29,409 36,270 1,922 2,390 2,788 2,489 2,279 2,747 2,386 2,161 2,037 1,981 2,154 2,421 (463)

  39. Slide 39: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    2010 2011 2012 2013 2014 2015 17,189 16,700 16,243 15,687 16,347 14,520 1 16,864 16,773 15,321 14,702 15,407 13,610 879 884 881 926 892 911 2 12,101 11,745 11,115 10,960 11,147 10,661 3 - - - - - 5,083 4,954 5,128 4,726 5,199 3,858 181 807 807 924 494 961 5,265 5,762 5,935 5,650 5,694 4,819 13 24 19

  40. Slide 40: Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

    2010 2011 2012 2013 2014 2015 73,423 68,564 64,817 59,116 59,567 54,138 4,222 5,312 5,289 4,627 4,926 4,115 772 700 906 628 813 848 12,076 12,944 14,667 15,381 19,757 18,829 1 6.5 5.6 6.6 4.2 4.6 4.4 193 169 227 168 245 336 967,867 936,908 904,635 870,928 849,150 815,451 2 6,815 7,132 7,182 7,367 7,

  41. Slide 41: Contact

    Email: irshitsu.ii@jp-holdings.jp Copyright © 2016 JAPAN POST GROUP. All Rights Reserved.

Japan Post Holdings — FY2015 Earnings Presentation on 6ix