Japan Post Bank Co., Ltd. · TSE:7182

Japan Post Bank — H1 FY2018/3 Earnings Presentation

45 slides from Japan Post Bank's earnings presentation, Nov 16, 2017

Slide 1: 2018年3月期中間決算説明会
BP p56 428 BANK 2018 3 2017 11 16
Slide 6: Portfolio: liability-driven and excess-return
127 2 Liability-driven portfolio 2017/9 2017/3 1 57 +2 55  ALM  9 35 3 38  34 1 35 1 0 1 1. 73 2 Excess-return portfolio 2017/9 2017/3 6 +0 6  1 8 +0 8 1,3 54 +2 52  ( ) (33 ) (+1 ) (32 ) TP  0 0 0 ( )2,3 3 +0 3 1 +0 1 1 +0 1 1. 2. 3. Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reser
Slide 7: Capital and peer comparison
1 25 50 2018 3 1 60 50% 50 50 1 50 40 25 25 30 20 1 2017 9 2 2017 9 10 25 25 30% 6% 4.92 % 4.77 % 19.64% 4.14 % 4.14 % 20% 4% 0 13.44% 11.55% 11.76% 17/3 2016 18/3 2017 10% 2% 2017/3 2018/3 0% 0% BTMU SMBC MUFG SMFG FG 1,874 1,874 : : 3,122 3,500 : 1: MUFG/SMFG/ FG 2: 60.0% 53.5% BTMU/SMBC/ Tier1 Co
Slide 10: NISA and iDeCo
6,000 5,443 2016 4 1 1,100 5,000 4,270 2017 4 1 1,300 4,000 3,000 3,577 2,000 2,314 2,437 1,000 0 2015 16/3 2016 17/3 2017 18/3 16,000 15,215 14,000 2018 1 NISA 13,101 8 NISA 12,000 iDeCo A 11,355 2017 7 1 10,000 0 2017 10 3 1 2 2016 16/33 17/33 2017 2017 17/99 3 Copyright©©2017 Copyright 2017JAPAN
Slide 11: FinTech, Visa debit and mijica
   Visa FinTech mijica PayB 2018 1 mijica ATM Web 2017 7 18  ATM  ATM ATM 3,500 2017 1 16 2017 9 6 Copyright©©2017 Copyright 2017JAPAN JAPANPOST POSTBANK BANKCO., CO.,LTD. LTD.AllAllRights RightsReserved. Reserved. 10
Slide 14: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.
2016 4 8,360 4,965 4,706 4,682 451 392 1,363 2,943 146 18 1,773 1,244 186 589 806 16/6 16/9 16/12 17/3 17/6 17/9 Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.
Slide 17: Results summary and forecasts
2017 9 BP 2017/3 ® 2018/3 2016/9 ® 2017/9 18/3 SP 17/3 4,900 4,420 2,200 17/9 1,800 2,571 16/9 2,124 90 100 1,200 BP 880 40 p29 BP SP BP BP SP BP Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved. 16
Slide 18: Non-consolidated financial summary
2017/9 2016/9 2017/9 2017/3 7,577 7,163 414 2,098,010 2,095,688 2,321 6,180 6,293 112 526,805 512,819 13,986 471 429 41 5,512 4,700 812 925 440 485 84,648 87,189 2,540 877 390 487 39,694 38,179 1,515 30 40 10 1,364,120 1,387,924 23,803 1 5,222 5,309 87 47,962 40,641 7,321 0 0 0 1,979,150 1,977,887 1
Slide 19: Capital and financial indicators
2017/9 (%pt) 2017/3 19.64 2.57 22.22 8 7,033 8 6,169 44 3,089 38 7,798 10.78 0.37 11.16 9,390 9,618 2,141 2,380 6,419 6,544 8 7,033 8 6,169 1 4.14 0.03 4.11 8 7,033 8 6,169 209 8,010 209 5,688 3.06 0.37 2.68 2 1,815 3,122 2 11 8,330 11 6,440 68.92 5.97 74.89 2 74.12 5,222 1 561 2 7,577 1 4,102 2 0.7
Slide 20: Balance sheet
2017/9 2017/3 2017/9 2017/3 52,680,595 51,281,921 1,398,673 179,419,380 179,434,686 15,305 551,273 470,000 81,273 45,436 45,436 8,464,850 8,718,905 254,055 1,252,766 960,937 291,828 255,429 252,214 3,215 13,233,442 13,694,294 460,852 119 9 109 304,764 40,324 264,440 3,969,430 3,817,908 151,521 399 4
Slide 21: Income statement
2017/9 2016/9 2017/9 2016/9 757,756 716,336 41,419 512 338 174 618,062 629,304 11,242 511 313 197 47,127 42,994 4,132 1 24 22 92,566 44,037 48,529 256,671 212,124 44,546 87,779 39,038 48,741 75,143 66,254 8,889 3,042 4,095 1,053 27 5,103 5,076 522,253 530,999 8,746 75,115 61,150 13,965 64,056 63,341
Slide 22: Net interest income and margins
2017 9 6,180 0.60% 2017/9 2016/9 1.4% 17,500 3,823 4,564 741 15,407 1.2% 14,702 15,000 4,821 5,801 979 13,610 3,225 4,170 945 1.0% 12,235 12,500 997 1,236 238 0.8% 0.76% 10,000 0.73% 2017/9 2016/9 0.66% 0.60% 0.60% 2,356 1,728 628 0.6% 7,500 7,771 3,774 886 7,435 6,994 2,887 6,293 6,180 0.4% 5,000 3
Slide 23: Yields and spreads
% 2017/9 2016/9 194,888,309 482,155 0.49 193,355,723 580,150 0.59 0.10 4,051,668 7,239 0.35 2,528,481 9,393 0.74 0.38 83,794,070 384,237 0.91 95,287,659 486,157 1.01 0.10 8,484,357 732 0.01 8,186,708 739 0.01 0.00 53,043,130 11,552 0.04 47,323,916 12,187 0.05 0.00 186,230,810 99,762 0.10 184,383,908
Slide 24: Yields and spreads
% 2017/9 2016/9 201,314,127 781,220 0.77 199,167,228 797,269 0.79 0.02 4,051,750 7,239 0.35 2,531,781 9,399 0.74 0.38 135,503,701 760,795 1.11 140,941,677 774,338 1.09 0.02 8,484,357 732 0.01 8,186,708 739 0.01 0.00 53,122,767 12,090 0.04 47,407,161 12,676 0.05 0.00 191,483,750 163,158 0.16 189,566,
Slide 25: Asset composition
2017 9 64.4 54.6 2017/9 2017/3 % % 9.2 1,364,120 65.8 1,387,924 66.9 23,803 4.4% 644,752 31.1 688,049 33.2 43,297 1 173,321 8.3 170,704 8.2 2,617 546,046 26.3 529,170 25.5 16,876 64.4 211,066 10.1 201,434 9.7 9,632 52.7 31.1% 25.4% 334,910 16.1 327,267 15.7 7,642 4.7 2.3% 207.0 39,694 1.9 38,179 1.8
Slide 26: Securities and unrealized gains
2017 9 4 4,241 2017/9 2017/3 349,944 11,724 383,169 14,565 2017/9 2017/3 1,053,463 47,558 1,044,701 45,661 1,014,423 35,258 1,006,669 32,821 321,309 11,676 334,875 13,207 210,742 15,937 200,785 13,351 332,036 6,061 326,042 4,350 150,334 1,582 144,965 1,911 363 1,853 39,039 11,937 38,032 10,986 21,82
Slide 27: Securities valuation
2017/9 2017/3 32,344,289 1,111,755 35,317,430 1,373,826 2,973,141 262,071 44,618 115 44,618 115 2,617,718 51,136 2,889,963 70,626 272,244 19,489 32,433 9,571 64,911 11,981 32,478 2,409 32,433 9,571 64,911 11,981 32,478 2,409 34,994,441 1,172,464 38,316,923 1,456,549 3,322,482 284,084 2017/9 2017/3 4
Slide 28: Securities holdings
2017/9 2017/3 3,903,988 1,193,709 3,803,267 1,098,661 100,720 95,047 2,182,067 1,161,585 2,079,290 1,058,661 102,776 102,924 0 0 0 0 0 0 1,263,701 32,123 1,274,178 40,000 10,477 7,877 1 1 2 3 2017 9 147 2017 3 3,734 2017/9 2017/3 4,829,504 179,466 4,498,510 195,410 330,994 15,944 4,058,525 142,703 2
Slide 29: Credit ratings of holdings
9 A 95% BBB BB B BBB 1.77% 3.64% 7.69% 0.49% BB B 0.10% A 0.63% 0.60% 0.12% 1.37% 0.04% 9.07% 1.41% 0.75% 0.06% 15.64% 8.28% 1.37% 13.60% 10.95% 72.01% A 73.96% 88.66% 2017 9 195 1 1 1 2 3 Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved. 28
Slide 30: Portfolio duration and risk
2012/3 2013/3 2014/3 2015/3 2016/3 2017/3 2016/4 2016/9 2017/4 2017/9 BP SP 184.2 5,734 187.4 5,921 190.5 5,731 194.2 5,599 196.5 4,804 197.5 4,330 196.2 2,086 198.4 2,553 157.4 4,387 158.0 3,421 156.7 2,897 151.7 947 141.7 356 131.5 2,433 133.2 1,028 126.7 1,741 BP BP - 576 - 602 - 1,203 - 2,224 -
Slide 31: Portfolio trends and spreads
1 BP,SP 2 2014 12 2016 12 100% 0.8% 9 14 15 90% 16 19 0.7% 24 31 10 10 IFR 14 12 80% 35 37 0.6% SP 0.5% 70% 0.4% 60% BP 0.3% 50% 0.2% 2 10 IFR 16 12 91 2 IFR 14 12 40% 86 85 84 81 0.1% 76 69 65 63 0.0% 30% 0.1% 20% 0.2% 2 IFR 16 12 10% 0.3% 0% 0.4% 10/3 11/3 12/3 13/3 14/3 15/3 16/3 17/3 17/9 14/12
Slide 32: Deposits
2017 9 179.4 2017/9 2017/3 180 179.4 179.4 71.2 67.9 3.3 177.7 177.8 178.4 13.4 13.0 0.3 57.4 54.5 2.9 170 0.3 0.3 0.0 108.0 111.2 3.2 9.5 10.0 0.5 160 98.4 101.2 2.7 0.1 0.1 0.0 179.4 179.4 0.0 0 150 15/33 2015 16/33 2016 17/33 2017 16/99 2016 17/99 2017 Copyright © 2017 JAPAN POST BANK CO., LTD. A
Slide 33: ATM and branch network
2017/9 2016/9 471 429 41 296 293 2  2017 1 47 46 0 ATM 3,500 ATM 38 35 2 9 9 0 93 50 43  32 34 1 1,415 2017 10 16 18,301 2017 8 31 22 20 1  4 7 3 2017 4 2018 3 5 5 0 0 6 6 Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved. 32
Slide 34: Business data
2017/9 2016/9 699 594 104 357,739 243,744 113,994 2017/9 2016/9 807 721 86 1,521,554 1,162,855 358,698 2017/9 2016/9 4,882 8,285 3,403 23,693 42,974 19,280 2017/9 2016/9 105,389 91,061 14,328 552,128 480,696 71,431 Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved. 33
Slide 35: Business data
2017/9 2016/9 31 32 1 2017/9 2016/9 1,083 1,149 66 2017/9 2016/9 18,701 20,132 1,431 2017/9 2016/9 401,960 363,483 38,476 Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved. 34
Slide 36: Expenses
2017 9 87 5,211 12,000 10,640 10,540 2017/9 2016/9 10,000 629 622 6 515 512 2 8,000 4,196 4,287 91 6,000 3,018 3,090 72 5,305 5,299 5,211 4,000 28 41 13 302 330 28 2,000 385 389 3 5,211 5,299 87 0 2015 16/3 2016 17/3 2017 18/3 Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved. 35
Slide 37: Loans by category
% 2017/9 2016/9 62,961 12.08 62,281 11.75 680 51,544 9.89 51,253 9.67 290 11,417 2.19 11,027 2.08 389 419,629 80.51 428,729 80.90 9,100 301,824 57.91 309,044 58.31 7,220 2,839 0.54 4,185 0.78 1,345 30,269 5.80 33,083 6.24 2,813 6,336 1.21 6,197 1.16 138 25,694 4.93 25,524 4.81 170 19,575 3.75 17,424
Slide 38: Capital ratio
2017 9 19.64% % 70 % 2017/9 2017/3 60 56.81 87,033 86,169 864 50 443,089 387,798 55,291 40 38.42 414,757 359,065 55,691 30 26.38 19.64 22.22 2.57 22.22 19.64 20 10 0 14/33 2014 15/33 2015 16/33 2016 17/33 2017 17/99 2017 Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved. 37
Slide 39: Capital ratio details
% 2017/9 2017/3 8,723,682 8,636,164 87,517 20,319 19,224 1,095 8,703,363 8,616,940 86,422 44,308,934 38,779,806 5,529,128 41,475,700 35,906,558 5,569,142 8 2,833,234 2,873,248 40,014 8 19.64 22.22 2.57 % 2017/9 2017/3 9,390 9,618 228 2,141 2,380 239 6,419 6,544 124 87,033 86,169 864 10.78 11.16 0.37
Slide 40: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.
13 8 7 2017 10 1  12  95  98 2016 4 2017 3 13 8 4 3 6 5 4 3 Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved. 39
Slide 42: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.
  2014 2015 2016    16 15 25 335 337 364  351 352 389  2021 4 1 14  14.7% 15% 14% 15% 13.8% 12.9% 11.5% 12% 10.9% 12% 8.9% 9% 9% 6% 6% 3% 3% 0% 0% 15/4 16/4 17/4 21/4 15/7 16/7 17/7 / / Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved. 41
Slide 43: CSR initiatives
CSR 2016 49 74 5 (t-CO2) (kl/m2) 80,000 0.10 70,191 60,472 58,614 60,000 51,706 55,516 1 49,748 51,666 t-CO2 0.06903 0.06297 0.06001 2 40,000 0.05 kl/m2 0.05295 0.05129 0.05044 0.05150 2014 2015 2016 20,000 1 0 0.00 2010 2011 2012 2013 2014 2015 2016 2 8.8 4.7 11.8 3.1 1.7 2.1 Visa mijica Copyright
Slide 44: Financial data history
2017/3 2018/3 2013/3 2014/3 2015/3 2016/3 2017/3 4 9 4 9 16,243 15,687 16,347 14,520 14,102 7,163 7,577 1 15,321 14,702 15,407 13,610 12,235 6,293 6,180 881 926 892 911 866 429 471 2 11,115 10,960 11,147 10,661 10,561 5,309 5,222 0 0 0 5,128 4,726 5,199 3,858 3,540 1,853 2,354 807 924 494 961 879 27

Japan Post Bank — H1 FY2018/3 Earnings Presentation on 6ix

Japan Post Bank — H1 FY2018/3 Earnings Presentation

Slide 1: 2018年3月期 中間決算説明会

Slide 2: Copyright © © 2017 2017 JAPAN JAPAN POST

Slide 3: Agenda

Slide 4: Results highlights

Slide 5: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.

Slide 6: Portfolio: liability-driven and excess-return

Slide 7: Capital and peer comparison

Slide 8: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.

Slide 9: NISA and CDS initiatives

Slide 10: NISA and iDeCo

Slide 11: FinTech, Visa debit and mijica

Slide 12: Copyright © © 2017 2017 JAPAN JAPAN POST

Slide 13: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.

Slide 14: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.

Slide 15: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.

Slide 16: Appendix

Slide 17: Results summary and forecasts

Slide 18: Non-consolidated financial summary

Slide 19: Capital and financial indicators

Slide 20: Balance sheet

Slide 21: Income statement

Slide 22: Net interest income and margins

Slide 23: Yields and spreads

Slide 24: Yields and spreads

Slide 25: Asset composition

Slide 26: Securities and unrealized gains

Slide 27: Securities valuation

Slide 28: Securities holdings

Slide 29: Credit ratings of holdings

Slide 30: Portfolio duration and risk

Slide 31: Portfolio trends and spreads

Slide 32: Deposits

Slide 33: ATM and branch network

Slide 34: Business data

Slide 35: Business data

Slide 36: Expenses

Slide 37: Loans by category

Slide 38: Capital ratio

Slide 39: Capital ratio details

Slide 40: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.

Slide 41: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.

Slide 42: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.

Slide 43: CSR initiatives

Slide 44: Financial data history

Slide 45: Copyright © 2017 JAPAN POST BANK CO., LTD. All Rights Reserved.

Slide 1: 2018年3月期中間決算説明会