Japan Post Bank Co., Ltd. · TSE:7182

Japan Post Bank — H1 FY2018 Earnings Presentation

31 slides from Japan Post Bank's earnings presentation, Nov 14, 2018

  1. Slide 1: BP ps5 a8eiT

    BP ps5 a8eiT 2019 3 2018 11 14

  2. Slide 2: Contents

    P. 2 P.14 P. 4 P.15 P. 5 P.16 P. 6 P.16 P. 7 P.17 P. 8 P.19 P. 9 P.20 P.10 P.22 P.11 P.23 P.12 P.24 P.25 P.26 P.26 P.27 1 2 2018 1 2017 Copyright © 2018 JAPAN POST BANK CO., LTD. All Rights Reserved.

  3. Slide 3: BP ps6 48817

    BP ps6 48817

  4. Slide 4: Summary of results

    2018 9,653  374 7,202 119 1.2% 689 2,234 58 337 13.1% 1,592 255 222 12.2%  2 5,219 2,233  1,592 371 1,983 2018  337 2,234 3,700 60.3% 2,600 61.2%  1,592 222 JP 1,592 2 2,600 SDP ATM 61.2% JP Copyright © 2018 JAPAN POST BANK CO., LTD. All Rights Reserved. 2

  5. Slide 5: Financial results overview

    2017 2018 2018 2018 3 9 7,577 7,202 374 2,106,306 2,083,778 22,527 6,180 5,491 689 492,883 484,647 8,235 471 529 58 4,800 4,200 600 925 1,181 255 82,241 77,191 5,049 877 1,328 450 42,415 44,489 2,074 30 175 206 1,392,012 1,377,597 14,414 1 5,222 5,219 2 61,455 63,802 2,346 0 0 1,991,174 1,971,058 20

  6. Slide 6: Net interest income and gross profit

     2018 5,491 0.53% 2017 2018 1.4% 17,500 3,823 3,705 118 15,407 1.2% 15,000 4,821 4,343 477 13,610 3,225 2,717 507 1.0% 12,235 12,500 11,756 997 638 359 0.8% 0.76% 10,000 2017 2018 0.66% 0.60% 0.57% 0.6% 0.53% 7,500 2,356 1,785 570 7,771 6,994 3,774 3,727 46 6,293 6,180 0.4% 5,491 5,000 3,765 3,720

  7. Slide 7: Fees and other income

     2018 58 529 2017 2018 8,000 7,378 471 529 58 6,000 5,443 296 302 6 4,000 4,656 38 69 30 3,577 93 111 18 2,000 2,437 42 46 3 0 2016 2017 2018 2017 2018 22,000 20,192 699 1,028 329 20,000 3,577 4,656 1,079 18,000 16,423 16,000 15,215 2017 9 2018 9 14,000 807 969 161 13,101 12,000 0 15,215 20,192 4,9

  8. Slide 8: Expenses

     2018 2 5,208 12,000 2017 2018 10,540 10,428 10,000 629 620 8 515 510 5 8,000 4,196 4,222 25 6,000 3,018 3,036 18 5,299 5,211 5,208 4,000 28 8 20 302 298 4 2,000 385 366 19 5,211 5,208 2 0 2016 2017 2018 Copyright © 2018 JAPAN POST BANK CO., LTD. All Rights Reserved. 6

  9. Slide 9: Investment portfolio

     2018 9 60.7 60.1 2018 2018 3 % 9 % 8.3 1,392,012 67.0 1,377,597 67.0 14,414 4.0% 627,497 30.2 607,999 29.6 19,497 1 171,526 8.2 168,538 8.2 2,988 592,988 28.5 601,059 29.2 8,071 60.7 48.4 202,443 9.7 215,508 10.4 13,064 29.6% 23.5% 2 6.3 390,426 18.7 385,309 18.7 5,116 3.1% 205.3 42,415 2.0 44,489

  10. Slide 10: Securities portfolio and unrealized gains

     2018 9 3 3,325 2018 3 2018 9 314,589 10,035 297,264 7,956 2018 3 2018 9 1,122,457 37,699 1,127,144 34,859 1,080,835 19,120 1,083,452 21,076 336,457 11,299 333,797 8,855 202,119 3,753 215,184 9,673 390,426 2,658 385,309 1,477 151,831 1,408 149,160 1,069 5,687 460 41,622 12,892 43,692 13,322 22,861

  11. Slide 11: Deposits

     2018 9 180.3 2018 3 2018 9 179.8 180.3 180 179.4 179.4 73.7 77.0 3.2 177.8 14.4 15.4 0.9 58.9 61.2 2.2 170 0.3 0.3 0.0 105.9 103.2 2.7 8.6 7.8 0.8 160 97.2 95.3 1.9 0.1 0.1 0.0 179.8 180.3 0.4 0 150 2016 3 2017 3 2018 3 2017 9 2018 9 Copyright © 2018 JAPAN POST BANK CO., LTD. All Rights Reserved.

  12. Slide 12: Capital adequacy ratio

     2018 9 15.44% % % 2018 3 2018 9 60 87,720 88,380 659 50 503,435 572,277 68,842 475,747 544,690 68,943 40 17.42 15.44 1.98 38.42 30 % 26.38 2018 3 2018 9 22.22 20 17.42 87,788 88,467 679 15.44 503,422 571,931 68,508 10 475,734 544,344 68,609 17.43 15.46 1.97 0 2015 3 2016 3 2017 3 2018 3 2018 9 Cop

  13. Slide 13: Initiatives and earnings forecast

    1 25 50 2020 1 60 50 50 50 1 50 40 1 25 25 30 20 25 25 10 0 2017 2018 2017 2018 1,874 1,874 53.1% 72.0% Copyright © 2018 JAPAN POST BANK CO., LTD. All Rights Reserved. 11

  14. Slide 14: Securities by holding period

    2018 3 2018 9 1,215,496 1,185,092 30,403 548,489 542,301 6,187 667,006 642,790 24,215 790,345 800,394 10,048 64,051 65,436 1,384 79,944 78,145 1,799 579,312 580,031 718 22,118 21,755 363 28,541 30,183 1,641 16,376 24,841 8,465 1 7 5 2 Copyright © 2018 JAPAN POST BANK CO., LTD. All Rights Reserved. 1

  15. Slide 15: Supplementary materials

    BP ps6 48817

  16. Slide 16: Balance sheet

    2018 3 2018 9 2018 3 2018 9 49,288,314 48,464,755 823,558 179,882,759 180,374,985 492,225 480,000 420,000 60,000 1,985,285 2,688,582 703,296 8,224,153 7,719,159 504,993 13,812,123 11,164,093 2,648,030 278,566 257,978 20,587 191,481 74,100 117,380 32 29 2 2,400 3,700 1,300 4,241,524 4,448,964 207,439

  17. Slide 17: Income statement

    2017 2018 2017 2018 757,756 720,278 37,477 512 370 142 618,062 549,135 68,926 511 347 163 47,127 52,994 5,867 1 22 20 92,566 118,148 25,581 256,671 223,107 33,563 87,779 132,846 45,066 75,143 60,763 14,380 3,042 17,568 20,610 27 3,052 3,080 522,253 521,976 276 75,115 63,815 11,300 64,056 63,158 897

  18. Slide 18: Yields and margins

    % 2017 2018 0.17 0.15 0.02 3.06 2.78 0.27 68.92 72.46 3.54 0.57 0.57 0.00 1 2 100 2 2 100 3 100 4 100 5 % 2017 2018 0.77 0.71 0.06 0.71 0.71 0.00 0.16 0.17 0.00 0.06 0.00 0.06 0.60 0.53 0.06 Copyright © 2018 JAPAN POST BANK CO., LTD. All Rights Reserved. 16

  19. Slide 19: Average balances and yields

    % 2017 2018 194,888,309 482,155 0.49 194,287,761 434,376 0.44 0.04 4,051,668 7,239 0.35 6,540,168 6,259 0.19 0.16 83,794,070 384,237 0.91 78,738,136 321,288 0.81 0.10 8,484,357 732 0.01 7,562,691 640 0.01 0.00 53,043,130 11,552 0.04 49,858,459 15,124 0.06 0.01 186,230,810 99,762 0.10 186,503,726 63,

  20. Slide 20: Average balances and yields (cont.)

    % 2017 2018 201,314,127 781,220 0.77 200,097,163 716,116 0.71 0.06 4,051,750 7,239 0.35 6,545,168 6,269 0.19 0.16 135,503,701 760,795 1.11 135,984,108 693,384 1.01 0.10 8,484,357 732 0.01 7,562,928 640 0.01 0.00 53,122,767 12,090 0.04 49,872,483 15,245 0.06 0.01 191,483,750 163,158 0.16 191,590,127

  21. Slide 21: Securities breakdown

    % 2018 3 2018 9 49,314,634 23.73 48,426,251 23.58 888,383 480,000 0.23 420,000 0.20 60,000 8,224,153 3.95 7,719,159 3.75 504,993 4,241,524 2.04 4,448,964 2.16 207,439 2,286,148 1.10 2,335,114 1.13 48,966 1,256,039 0.60 1,247,417 0.60 8,621 139,201,254 67.00 137,759,782 67.08 1,441,472 62,749,725 30.

  22. Slide 22: Securities and unrealized gains

    2018 3 2018 9 29,103,961 958,146 27,420,170 764,581 1,683,790 193,565 261,708 763 261,708 763 2,322,529 37,283 2,012,169 23,864 310,359 13,418 32,433 8,144 32,433 7,972 171 32,433 8,144 32,433 7,972 171 31,458,923 1,003,574 29,726,482 795,654 1,732,441 207,919 2018 3 2018 9 28,790 396 82,933 2,566 5

  23. Slide 23: Securities detail

    2018 3 2018 9 4,162,251 1,289,201 4,369,202 1,332,273 206,950 43,071 2,286,148 1,262,041 2,335,114 1,312,021 48,966 49,979 1,256,039 27,061 1,247,417 21,040 8,621 6,021 1 2 2018 1,010 2017 1,088 2018 3 2018 9 6,341,492 110,021 7,734,865 38,533 1,393,373 71,487 4,925,816 117,531 5,984,731 114,666 1,0

  24. Slide 24: Expenses breakdown

    % 2017 2018 62,961 12.08 62,076 11.91 885 51,544 9.89 51,029 9.79 514 11,417 2.19 11,046 2.12 371 419,629 80.51 422,213 81.05 2,584 301,824 57.91 303,689 58.30 1,865 2,839 0.54 809 0.15 2,030 30,269 5.80 29,827 5.72 442 6,336 1.21 6,549 1.25 213 25,694 4.93 32,243 6.18 6,548 19,575 3.75 15,791 3.03

  25. Slide 25: Liabilities breakdown

    % 2018 3 2018 9 6,140,537 100.00 6,375,233 100.00 234,696 15,524 0.25 15,521 0.24 2 92,162 1.50 100,961 1.58 8,799 25,094 0.40 35,436 0.55 10,341 1,121,062 18.25 1,017,923 15.96 103,138 24,013 0.39 4,000 0.06 20,013 22,837 0.37 28,863 0.45 6,025 4,667,184 76.00 5,009,630 78.57 342,445 172,658 2.81 1

  26. Slide 26: Deposits breakdown

    % 2018 3 2018 9 73,765,405 41.00 77,031,459 42.70 3,266,054 14,437,576 8.02 15,423,949 8.55 986,373 58,931,564 32.76 61,208,504 33.93 2,276,939 396,265 0.22 399,006 0.22 2,741 105,989,336 58.92 103,216,001 57.22 2,773,334 8,696,122 4.83 7,893,829 4.37 802,293 97,293,213 54.08 95,322,172 52.84 1,971,

  27. Slide 27: Other balance sheet items

    2018 3 2018 9 112,074 155,838 43,763 14 0 14 45,047 45,233 185 5,783 3,599 2,184 26,372 26,871 499 7,758 8,549 790 46,982 46,982 27,097 24,602 2,495 1,162,790 1,074,275 88,514 1,154,545 1,067,573 86,971 1,376 1,376 6,868 6,702 166 1,050,715 918,437 132,278 Copyright © 2018 JAPAN POST BANK CO., LTD.

  28. Slide 28: Capital items

    % 2018 3 2018 9 0 0 0 0 0 0 6,237,528 6,487,219 249,691 6,237,528 6,487,219 249,691 0.00 0.00 0.00 2018 3 2018 9 1,066 988 77 278 254 23 787 733 54 Copyright © 2018 JAPAN POST BANK CO., LTD. All Rights Reserved. 26

  29. Slide 29: Capital adequacy details

    % 2018 3 2018 9 8,801,141 8,866,463 65,322 29,070 28,431 638 8,772,071 8,838,032 65,960 50,343,515 57,227,775 6,884,260 47,574,709 54,469,063 6,894,353 8 2,768,805 2,758,712 10,093 8 17.42 15.44 1.98 % 2018 3 2018 9 9,980 9,885 94 1,623 1,881 257 7,219 6,954 265 87,720 88,380 659 11.37 11.18 0.19 1

  30. Slide 30: Capital adequacy details (cont.)

    % 2018 3 2018 9 8,807,898 8,875,209 67,311 29,075 28,437 638 8,778,822 8,846,771 67,949 50,342,277 57,193,112 6,850,835 47,573,471 54,434,400 6,860,928 8 2,768,805 2,758,712 10,093 8 17.43 15.46 1.97 % 2018 3 2018 9 9,980 9,885 94 1,623 1,881 257 7,219 6,954 265 87,720 88,380 659 11.37 11.18 0.19 1

  31. Slide 31: Copyright © 2018 JAPAN POST BANK CO., LTD. All Rights Reserved.

    Copyright © 2018 JAPAN POST BANK CO., LTD. All Rights Reserved.

Japan Post Bank — H1 FY2018 Earnings Presentation on 6ix