Japan Post G Interim Settlement Final profit decreased by 24% International postal decreased due to corona effect November 13, 20:08

The Japan Post Group's interim results for the six months to September showed that the final profit was 24% lower than the same period last year due to the decrease in the handling of international mail due to the influence of the new coronavirus.

The Japan Post Group announced on the 13th that the interim financial results for the entire group for the six months to September are 5,639.1 billion yen, which is 5.5% less than the same period last year in terms of ordinary income.


The final profit was 178.9 billion yen, a decrease of 24.4%, resulting in lower sales and profits.



The so-called nesting demand accompanying the spread of the new corona virus has increased the delivery of online shopping, but the stagnation of economic activities has had an impact on the significant decrease in the handling of direct mail and international mail by companies.



On the other hand, the outlook for business results for the year ending March next year is expected to increase profits from fund management, and the final profit is set at 340 billion yen, which has been revised upward from the forecast as of May.

President Hiroya Masuda said, "The future will be how much trust can be restored with the apology that started last month over the inappropriate sales of Kanpo Life's insurance. The business environment is harsh, but I want to firmly achieve the business forecast." It was.