Japan Post Bank Co., Ltd. · TSE:7182

Japan Post Bank — H1 FY2017 Earnings Presentation

35 slides from Japan Post Bank's earnings presentation, Nov 14, 2016

  1. Slide 1: BP ps5 a8eiT

    BP ps5 a8eiT 2017 29 «3 2016 11 14

  2. Slide 2: Contents

    P. 2 P. 7 P. 4 P. 9 P. 5 P.10 P. 6 P.11 P.13 11 P.25 P.14 12 P.26 P.15 13 P.26 P.15 14 P.27 P.16 15 P.28 P.18 16 P.29 P.19 P.31 P.21 P.32 P.22 10 P.23 Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved.

  3. Slide 3: Interim results overview

    BP ps6 48817

  4. Slide 4: Summary of interim results

    2016 2016  431 7,163 701 9,342 39 529 5.3% 309 2,124  6 5,309 392 15.5%  425 1,853 1,509 206  32 12.0% 392 2,124  1,509 206 2016 3,000 4,200 50.5% 50.3% 3,000 50.3% Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved. 2

  5. Slide 5: Income statement and balance sheet summary

    % 2016 2015 2016 9 2016 3 7,163 7,594 431 2,072,102 2,070,560 1,542 6,293 6,994 701 476,659 458,950 17,708 429 469 39 6,661 9,788 3,126 440 131 309 80,969 79,232 1,737 390 77 312 35,034 35,611 577 40 53 12 1,411,975 1,440,768 28,792 1 5,309 5,316 6 27,207 25,420 1,786 0 0 0 1,955,992 1,955,478 514 1

  6. Slide 6: Net operating revenue and yields

     2016 6,293 0.62% 2016 2015 1.4% 17,500 4,564 5,364 799 15,321 15,407 1.2% 14,702 15,000 5,801 6,753 951 13,610 4,170 5,075 905 1.0% 12,500 1,236 1,388 151 0.82% 0.8% 0.76% 10,000 0.73% 2016 2015 0.66% 0.62% 0.6% 7,500 1,728 1,629 98 7,435 7,771 7,943 6,994 2,887 2,631 256 6,293 0.4% 5,000 2,881 2,

  7. Slide 7: Fee income and expenses

     2016 39 429 2016 2015 5,000 4,270 4,000 3,770 429 469 39 293 299 5 3,000 35 38 2 2,000 2,314 2,437 1,705 50 71 21 1,000 49 60 10 0 2014 2015 2016 12,000 1,000 922 11,628 11,500 11,355 800 11,187 669 11,000 600 10,500 400 480 429 200 326 10,000 0 9,500 0 2015 3 2016 3 2016 9 2014 2015 2016 Copyrigh

  8. Slide 8: Net income and profit trends

     2016 6 5,299 12,000 11,136 10,640 2016 2015 10,000 622 611 11 512 504 7 8,000 4,287 4,318 31 6,000 3,090 3,081 9 5,646 5,305 5,299 4,000 41 49 7 330 322 8 2,000 389 375 13 5,299 5,305 6 0 2014 2015 2016 Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved. 6

  9. Slide 9: Asset composition

     141.1 2.7 2016 9 2016 3 % % 8.8 1,411,975 69.2 1,440,768 70.3 28,792 4.3% 768,496 37.7 822,556 40.1 54,059 1 167,885 8.2 164,256 8.0 3,629 47.5 23.3% 475,593 23.3 453,955 22.1 21,637 191,097 9.3 198,295 9.6 7,197 284,090 13.9 255,209 12.4 28,881 76.8 2.7 203.8 37.7% 1.3% 35,034 1.7 35,611 1.7 577

  10. Slide 10: Securities portfolio

     2016 9 4 2,519 2016 9 2016 3 472,233 19,397 520,525 22,083 2016 9 2016 3 976,802 44,741 958,475 47,917 941,768 27,235 922,863 38,724 330,627 16,796 343,582 17,447 190,319 4,506 197,327 19,678 283,501 3,314 255,209 1,280 137,320 2,617 126,744 2,879 9,020 353 35,034 8,485 35,611 8,838 18,498 7,977 1

  11. Slide 11: Deposits

     2016 9 178.4 180 178.4 2016 9 2016 3 177.7 177.8 177.1 176.6 65.1 63.8 1.2 12.8 13.8 1.0 170 51.8 49.5 2.2 0.3 0.3 0.0 113.1 113.8 0.6 10.7 11.4 0.7 160 102.4 102.4 0.0 0.1 0.1 0.0 178.4 177.8 0.5 0 150 2014 3 2015 3 2016 3 2015 9 2016 9 Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserv

  12. Slide 12: Capital adequacy ratio

     2016 9 23.15% % 50 % 2016 9 2016 3 40 38.42 85,569 84,993 576 369,609 322,185 47,423 30 26.38 340,448 292,532 47,916 23.15 23.15 26.38 3.22 20 10 0 2015 3 2016 3 2016 9 Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved. 10

  13. Slide 13: Earnings forecast and dividends

    1 25 50 2017 1 60 50 50 50% 2015 40 25 6 30 25% 25 20 1 25 10 25 0 2015 2016 937 1,874 3,250 3,000 28.8% 62.4% Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved. 11

  14. Slide 14: Appendix

    BP ps6 48817

  15. Slide 15: Balance sheet

    2016 9 2016 3 2016 9 2016 3 47,665,957 45,895,068 1,770,888 178,456,554 177,871,986 584,568 666,155 978,837 312,681 40,953 22,536 18,417 8,096,939 7,923,229 173,709 592,456 554,522 37,934 197,965 178,509 19,456 12,684,076 13,123,558 439,481 50 187 137 462 338 124 3,503,401 3,561,110 57,709 2,440,583

  16. Slide 16: Income statement

    2016 2015 2016 2015 716,336 759,496 43,160 338 767 429 629,304 699,430 70,125 313 767 453 42,994 46,950 3,956 24 0 23 44,037 13,115 30,921 212,124 250,927 38,803 39,038 7,783 31,255 66,254 84,539 18,284 4,095 5,332 1,236 5,103 5,198 94 530,999 531,684 684 61,150 79,340 18,189 63,341 62,245 1,095 150

  17. Slide 17: Profitability indicators

    % 2016 2015 0.14 0.16 0.01 2.60 2.99 0.39 74.12 70.00 4.12 0.59 0.59 0.00 1 2 100 2 2 100 3 100 4 100 5 % 2016 2015 0.79 0.87 0.07 0.73 0.75 0.01 0.17 0.19 0.01 0.06 0.12 0.06 0.62 0.68 0.06 Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved. 15

  18. Slide 18: Yields and interest spreads

    % 2016 2015 193,355,723 580,150 0.59 192,047,937 675,316 0.70 0.10 2,528,481 9,393 0.74 2,729,117 13,220 0.96 0.22 95,287,659 486,157 1.01 116,727,346 584,430 0.99 0.01 8,186,708 739 0.01 8,610,523 4,302 0.09 0.08 47,323,916 12,187 0.05 34,831,682 16,783 0.09 0.04 184,383,908 123,653 0.13 184,096,60

  19. Slide 19: Yields and spreads by category

    % 2016 2015 199,167,228 797,269 0.79 200,599,151 881,872 0.87 0.07 2,531,781 9,399 0.74 2,731,047 13,224 0.96 0.22 140,941,677 774,338 1.09 153,327,338 844,957 1.09 0.00 8,186,708 739 0.01 8,610,523 4,302 0.09 0.08 47,407,161 12,676 0.05 35,874,261 19,298 0.10 0.05 189,566,667 167,964 0.17 189,807,2

  20. Slide 20: Securities by type

    % 2016 9 2016 3 47,570,568 23.33 45,769,105 22.33 1,801,462 666,155 0.32 978,837 0.47 312,681 8,096,939 3.97 7,923,229 3.86 173,709 3,503,401 1.71 3,561,110 1.73 57,709 1,849,878 0.90 1,878,626 0.91 28,747 0 0.00 0 0.00 0 1,287,624 0.63 1,293,411 0.63 5,787 141,197,568 69.27 144,076,834 70.32 2,879,

  21. Slide 21: Securities unrealized gains and losses

    2016 9 2016 3 43,786,975 1,833,989 47,897,398 2,063,032 4,110,423 229,042 194,199 1,406 341,147 3,954 146,948 2,548 3,164,331 94,673 3,717,263 110,702 552,931 16,029 77,834 9,654 96,744 30,670 18,910 21,015 77,834 9,654 96,744 30,670 18,910 21,015 47,223,340 1,939,724 52,052,553 2,208,359 4,829,212

  22. Slide 22: Securities holdings and valuation

    2016 9 2016 3 3,503,401 848,549 3,561,110 883,889 57,709 35,339 1,849,878 797,703 1,878,626 829,857 28,747 32,153 0 0 0 0 0 0 1,287,624 50,845 1,293,411 54,032 5,787 3,186 1 1 2 3 2016 4,665 2015 1,588 2016 9 2016 3 6,375,487 440,668 3,987,422 409,837 2,388,064 30,830 3,184,621 221,513 3,651,466 182

  23. Slide 23: Operating expenses

    % 2016 2015 62,281 11.75 61,153 11.52 1,128 51,253 9.67 50,499 9.51 753 11,027 2.08 10,653 2.00 374 428,729 80.90 431,893 81.39 3,164 309,044 58.31 308,121 58.07 923 4,185 0.78 4,931 0.92 745 33,083 6.24 32,232 6.07 850 6,197 1.16 5,894 1.11 303 25,524 4.81 26,012 4.90 488 17,424 3.28 18,046 3.40 62

  24. Slide 24: Loans by category

    % 2016 9 2016 3 51,808 2.03 51,808 89,167 3.27 83,769 3.29 5,398 1,448,630 53.24 1,525,987 60.02 77,357 14,087 0.51 12,112 0.47 1,974 26,062 0.95 26,132 1.02 69 941,060 34.58 638,140 25.10 302,920 201,720 7.41 204,099 8.02 2,378 2,720,729 100.00 2,542,049 100.00 178,679 2016 9 1,088,337 2016 3 1,216

  25. Slide 25: Deposits by type

    % 2016 9 2016 3 65,123,425 36.49 63,834,943 35.88 1,288,482 12,871,289 7.21 13,874,601 7.80 1,003,312 51,863,374 29.06 49,571,866 27.86 2,291,507 388,761 0.21 388,475 0.21 286 113,179,834 63.42 113,852,874 64.00 673,040 10,725,328 6.01 11,441,153 6.43 715,824 102,454,505 57.41 102,410,683 57.57 43,8

  26. Slide 26: Deposit details

    % 2016 2015 64,843,135 36.25 61,914,412 34.83 2,928,723 13,257,314 7.41 12,027,834 6.76 1,229,479 51,197,303 28.62 49,493,636 27.85 1,703,666 388,518 0.21 392,940 0.22 4,422 113,818,347 63.64 115,600,550 65.04 1,782,203 11,092,242 6.20 12,666,467 7.12 1,574,224 102,725,221 57.44 102,932,620 57.92 20

  27. Slide 27: Capital and risk assets

    2016 9 2016 3 153,519 268,307 114,788 153 131 21 46,227 45,887 339 10,019 9,720 298 509 574 65 2,588 1,698 889 68,067 185,373 117,306 3,829 3,786 42 22,126 21,134 991 1,379,230 1,479,594 100,363 1,371,108 1,468,886 97,777 8,121 10,707 2,585 1,225,711 1,211,286 14,424 Copyright © 2016 JAPAN POST BANK

  28. Slide 28: Capital and leverage

    % 2016 9 2016 3 2,757,414 2,645,437 111,977 2,757,414 2,645,437 111,977 2016 9 2016 3 1,102 1,030 71 270 277 6 832 753 78 Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved. 26

  29. Slide 29: Supplementary data

    % 2016 9 2016 3 8,568,614 8,511,796 56,817 11,620 12,471 850 8,556,994 8,499,325 57,668 36,960,902 32,218,529 4,742,373 34,044,852 29,253,213 4,791,639 8 2,916,050 2,965,316 49,266 8 23.15 26.38 3.22 % 2016 9 2016 3 4,187 5,980 1,793 516 1,788 1,272 3,160 3,662 501 85,569 84,993 576 4.89 7.03 2.14 1

  30. Slide 30: Supplementary data

    2016 9 2016 3 12 12 25 23 2 13,280 12,905 375 1 2 2016 9 2016 3 12 12 222 222 19,875 19,875 3,990 4,004 14 24,099 24,113 14 1 2 3 Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved. 28

  31. Slide 31: Supplementary data

    2016 2015 594 581 13 243,744 231,492 12,252 2016 9 2015 9 721 680 40 1,162,855 1,073,486 89,369 2016 2015 8,285 8,981 696 42,974 48,092 5,118 2016 9 2015 9 91,061 74,537 16,524 480,696 393,545 87,151 Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved. 29

  32. Slide 32: Credit ratings of holdings

    2016 2015 32 33 1 2016 9 2015 9 1,149 1,366 216 2016 2015 20,132 16,183 3,949 2016 9 2015 9 363,483 323,165 40,318 Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved. 30

  33. Slide 33: Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved.

    2016 9 2016 3 1 1,323,837 1,363,887 40,049 497,452 477,080 20,372 813,548 872,663 59,114 2 12,835 14,143 1,307 1 644,364 615,636 28,728 59,954 58,565 1,389 74,815 68,481 6,333 4 476,048 454,463 21,585 3 11,134 11,277 143 22,411 22,849 437 1 2 3 4 Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights

  34. Slide 34: AAA AAA AA AA A

    % 2016 9 2015 9 13,172 593 4.50 AAA 11,447 513 4.48 AAA AA 941 24 2.59 AA A 942 32 3.44 AA 727 0 0.05 AAA 220 0 0.00 AAA 23 1 6.23 AAA 35 1 4.85 AAA 14,865 620 4.17 12,646 547 4.33 2,610 294 11.30 AAA 3,106 130 4.18 AAA 180 3 2.09 AAA 2,791 298 10.70 3,106 130 4.18 17,656 321 1.82 15,752 678 4.30 1

  35. Slide 35: Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved.

    Copyright © 2016 JAPAN POST BANK CO., LTD. All Rights Reserved.

Japan Post Bank — H1 FY2017 Earnings Presentation on 6ix