TSE:7181Insurance
Japan Post Insurance (TSE:7181) Stock Gains Face Cash Flow And Profit Quality Scrutiny
Japan Post Insurance heads into this earnings season with the stock at ¥1,788 and a strong run behind it over the past quarter, yet the real story sits on the balance sheet. Reported earnings over the last year were flattered by a very large one off gain of ¥103.0b, while free cash flow and debt coverage remain tight.
The headline for investors is simple. This appears to be a cheap insurance stock on trailing numbers, but the cash coverage strain and one off boost to profit mean the quality...