Japan Post Loss processing of about 3 trillion yen of Japan Post Bank's stock price decline September 30, 17:03

"Japan Post" has announced that it will treat about 3 trillion yen as a loss in response to the sharp decline in the stock price of Japan Post Bank.

Although it will not affect the consolidated financial statements of the entire group, the fall in the stock price of Japan Post Bank, which is under its umbrella, has led to the slump in the stock price of Japan Post, which is positioned as a financial resource for reconstruction after the Great East Japan Earthquake, and investors are paying close attention to it. It is a shape that highlights what is being done.

According to the announcement, Japan Post will treat approximately 3.4 trillion yen as a loss in response to the sharp decline in the stock price of Japan Post Bank, which holds 89% of the voting rights.



The book price of Japan Post Bank shares held by Japan Post is 1732 yen per share, but the closing price on the 30th on the Tokyo Stock Exchange has fallen to 821 yen, which is less than half of that price, and will recover for the time being. It was judged that there was no prospect.



The accounting rules do not affect the consolidated financial statements of the entire group and do not affect the financial soundness of Japan Post Bank.



However, the government plans to use the gain on the sale of shares of Japan Post to finance the reconstruction of the Great East Japan Earthquake, and the fall in the stock price of Japan Post Bank has led to the slump in the stock price of the parent company Japan Post. It is a form that highlights the strict attention.



At the press conference, President Hiroya Masuda said, "We will take the current stock price level seriously and continue to work as a group to improve corporate value."