Japan Post Group April-June financial results Final profit decreased by 41% Due to mail reduction August 7 19:04
Regarding the Japan Post Group's three-month settlement of accounts from April to June, the final profit was before the impact of the new coronavirus that economic activity was stagnant and mail handling decreased. The year ended March 31, 2010, the profit fell significantly by more than 40%.
Since the Japan Post Group announced on the 7th, the Group's financial results from April to June show that ordinary income, which is sales, decreased by 6.4% from the same period last year to 2,793.0 billion yen, and the final profit was 41.7%. It decreased to 78.7 billion yen, which was a large decrease in profit.
With the spread of the new coronavirus, the number of online mail order deliveries increased, but there was a significant decrease in the amount of direct mail and international mail handled by companies due to stagnant economic activity.
On the other hand, the Japan Post Group is refraining from insurance sales activities due to the improper sales of Japan Post Insurance's insurance, and only 20,000 new contracts were requested by customers, and Japan Post was in charge of sales. Has led to a decrease in profits.
Tomonori Asai, Executive Officer of Japan Post, said, “In addition to the unprecedented environment of the expansion of the new coronavirus, the situation remains difficult considering the situation where the group is located. I would like to respond with a sense of crisis.” ..