Note: This document has been translated from the Japanese original for
reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
Financial Results
for the 2nd Quarter of the Fiscal Year Ending March 31, 2026
（From April 1, 2025 to September 30, 2025）
November 14, 2025
JAPAN POST HOLDINGS Co., Ltd.
(Tokyo Stock Exchange, Prime Market: 6178)
1.
Consolidated Results
Summary of Consolidated Financial Results
Ordinary income was ¥5,682.4 billion, an increase of ¥170.4 billion year-on-year.
Net ordinary income was ¥521.6 billion, an increase of ¥58.2 billion year-on-year.
Net income attributable to Japan Post Holdings was ¥142.5 billion, an increase of ¥3.0 billion year-on-year.
-
Results of Operations and Full-year Results Forecast
(Billions of yen)
For the six months ended Sept. 30, 2024
For the six months ended Sept. 30, 2025
Year-on-year change
Forecast for the Fiscal Year Ending March 31, 2026
(Note 2)
Percentage achievement
Ordinary income
5,511.9
5,682.4
+ 170.4
11,260.0
50.5%
+ 3.1%
Net ordinary income
463.3
521.6
+ 58.2
1,020.0
51.1%
+ 12.6%
Net income attributable to Japan Post Holdings (Note 1)
139.4
142.5
+ 3.0
380.0
37.5%
+ 2.2%
(Note 1) From the next page onward, "net income" represents "net income attributable to Japan Post Holdings." (Note 2) The forecast for the fiscal year ending March 31, 2026 is as announced in May 2025.
Net income including net income attributable to non-controlling interests (Note 3)
262.4
326.5
+ 64.0
+ 24.4%
(Note 3) Net income equivalent to consolidated net income, which is the quantitative target under the Company's Medium-term Management Plan "JP Vision 2025+."
Copyright © JAPAN POST GROUP. All Rights Reserved. 1
Summary of Financial Results (the Principal Subsidiaries)
-
Results of Operations and Full-year Results Forecast
Net loss was ¥9.2 billion for Japan Post Co., while net income was ¥240.3 billion for Japan Post Bank and ¥93.8 billion for Japan Post Insurance.
Revenue and income both increased for Japan Post Co. and Japan Post Bank, while revenue decreased but income increased for Japan Post Insurance.
-
Results of Operations for the Six Months Ended September 30, 2025
(Billions of yen)
Japan Post Co.
(Consolidated)
Japan Post Bank
(Consolidated)
Japan Post Insurance
(Consolidated)
Ordinary income
1,781.6
1,398.1
2,879.7
Year-on-year
+ 136.6
+ 143.0
(63.6)
(for the six months ended
+ 8.3%
+ 11.3%
(2.2)%
September 30, 2024)
Change
Net ordinary income (loss)
(8.5)
354.0
183.8
Year-on-year
+ 56.5
+ 32.6
+ 16.9
(for the six months ended
-
+ 10.1%
+ 10.2%
September 30, 2024)
Change
Net income (loss)
(9.2)
240.3
93.8
Year-on-year
+ 59.0
+ 17.5
+ 30.9
(for the six months ended
-
+ 7.8%
+ 49.3%
September 30, 2024)
Change
- Forecast for the Fiscal Year Ending March 31, 2026 (Announced in May 2025)
-
Results of Operations for the Six Months Ended September 30, 2025
(Billions of yen)
Japan Post Co. (Consolidated) | Japan Post Bank (Consolidated) | Japan Post Insurance (Consolidated) | ||
Net ordinary income | 53.0 | 680.0 | 240.0 | |
2Q percentage achievement | - | 52.0% | 76.6% | |
Net income | 46.0 | 470.0 | 136.0 | |
2Q percentage achievement | - | 51.1% | 69.0% | |
Note : The amounts of net income (loss) attributable to Japan Post Co., net income attributable to Japan Post Bank and net income attributable to Japan Post Insurance have been used for Japan Post Co. (consolidated), Japan Post Bank (consolidated) and Japan Post Insurance (consolidated), respectively.
Copyright © JAPAN POST GROUP. All Rights Reserved. 2
Segment Information
(Billions of yen)
For the six months ended Sept. 30, 2024 | For the six months ended Sept. 30, 2025 | Year-on-year change | ||
Postal and Domestic Logistics Business | Operating income | 939.2 | 1,115.8 | + 176.6 |
Net operating loss | (94.7) | (25.5) | + 69.2 | |
Post Office Business | Operating income | 508.4 | 506.1 | (2.2) |
Net operating income | 21.7 | 8.2 | (13.4) | |
International Logistics Business | Operating income | 264.9 | 231.9 | (33.0) |
Net operating income (EBIT) | 4.5 | 4.2 | (0.3) | |
Real Estate Business | Operating income | 46.3 | 41.9 | (4.3) |
Net operating income | 10.1 | 11.3 | + 1.2 | |
Banking Business (Japan Post Bank) | Ordinary income | 1,255.1 | 1,398.1 | + 143.0 |
Net ordinary income | 321.4 | 354.0 | + 32.6 | |
Life Insurance Business (Japan Post Insurance) | Ordinary income | 2,943.4 | 2,879.7 | (63.6) |
Net ordinary income | 166.8 | 183.8 | + 16.9 |
Note: EBIT is presented as net operating income for the international logistics business segment. Consolidated ordinary income for Japan Post Bank and Japan Post Insurance are presented as net operating income for the banking business segment and life insurance business segment. Net operating income (loss) is presented for the other segments.
Copyright © JAPAN POST GROUP. All Rights Reserved. 3