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Japan Post Holdings

DB:1JP
Snowflake Description

Fair value second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1JP
DB
¥4,634B
Market Cap
  1. Home
  2. DE
  3. Insurance
Company description

Japan Post Holdings Co., Ltd., through its subsidiaries, provides postal, banking, and insurance services in Japan. The last earnings update was 26 days ago. More info.


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1JP Share Price and Events
7 Day Returns
-5.5%
DB:1JP
-0.7%
DE Insurance
-1%
DE Market
1 Year Returns
2.3%
DB:1JP
20.9%
DE Insurance
-6.2%
DE Market
1JP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Japan Post Holdings (1JP) -5.5% -4.2% -4.1% 2.3% -12.5% -
DE Insurance -0.7% 3.8% 3.4% 20.9% 60.9% 63.3%
DE Market -1% 2.1% -1.8% -6.2% 10.4% 12.6%
1 Year Return vs Industry and Market
  • 1JP underperformed the Insurance industry which returned 20.9% over the past year.
  • 1JP outperformed the Market in Germany which returned -6.2% over the past year.
Price Volatility
1JP
Industry
5yr Volatility vs Market
Related Companies

1JP Value

 Is Japan Post Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Japan Post Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Japan Post Holdings.

DB:1JP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 7 analysts.
= Stable Book Value * Return on Equity
= ¥3,420.86 * 3.2%
¥109.16
Book Value of Equity per Share Weighted future Book Value estimates from 7 analysts. ¥3,420.86
Discount Rate (Cost of Equity) See below 12.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:1JP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Insurance Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.685 (1 + (1- 30.86%) (385.77%))
2.014
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (2 * 5.96%)
12.15%

Discounted Cash Flow Calculation for DB:1JP using Excess Returns Model Model

The calculations below outline how an intrinsic value for Japan Post Holdings is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:1JP Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (3.2% – 12.15%) * ¥3,420.86)
¥-306.41
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ¥-306.41 / (12.15% - 0.23%)
¥-2,570.52
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ¥3,420.86 + ¥-2,570.52
¥850.34
DB:1JP Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:1JP represents 0.0082x of TSE:6178
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.0082x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 850.34 x 0.0082
€6.97
Value per share (EUR) From above. €6.97
Current discount Discount to share price of €9.40
= -1 x (€9.40 - €6.97) / €6.97
-34.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Japan Post Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Japan Post Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Japan Post Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:1JP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in JPY ¥118.57
TSE:6178 Share Price ** TSE (2019-07-16) in JPY ¥1146
Germany Insurance Industry PE Ratio Median Figure of 6 Publicly-Listed Insurance Companies 13.48x
Germany Market PE Ratio Median Figure of 419 Publicly-Listed Companies 19.92x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Japan Post Holdings.

DB:1JP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:6178 Share Price ÷ EPS (both in JPY)

= 1146 ÷ 118.57

9.66x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Japan Post Holdings is good value based on earnings compared to the DE Insurance industry average.
  • Japan Post Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Japan Post Holdings's expected growth come at a high price?
Raw Data
DB:1JP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.66x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
-3.5%per year
Germany Insurance Industry PEG Ratio Median Figure of 5 Publicly-Listed Insurance Companies 3.11x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

DB:1JP PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.66x ÷ -3.5%

-2.77x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Japan Post Holdings earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Japan Post Holdings's assets?
Raw Data
DB:1JP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in JPY ¥3,287.86
TSE:6178 Share Price * TSE (2019-07-16) in JPY ¥1146
Germany Insurance Industry PB Ratio Median Figure of 6 Publicly-Listed Insurance Companies 1.08x
Germany Market PB Ratio Median Figure of 565 Publicly-Listed Companies 1.75x
DB:1JP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:6178 Share Price ÷ Book Value per Share (both in JPY)

= 1146 ÷ 3,287.86

0.35x

* Primary Listing of Japan Post Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Japan Post Holdings is good value based on assets compared to the DE Insurance industry average.
X
Value checks
We assess Japan Post Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Insurance industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Insurance industry average (and greater than 0)? (1 check)
  5. Japan Post Holdings has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

1JP Future Performance

 How is Japan Post Holdings expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-3.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Japan Post Holdings expected to grow at an attractive rate?
  • Japan Post Holdings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Japan Post Holdings's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Japan Post Holdings's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:1JP Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:1JP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts -3.5%
DB:1JP Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts -0.5%
Germany Insurance Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
Germany Insurance Industry Revenue Growth Rate Market Cap Weighted Average 5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:1JP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:1JP Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-03-31 12,397,900 393,300 1
2022-03-31 12,456,913 430,677 5
2021-03-31 12,611,836 653,000 455,963 8
2020-03-31 12,618,717 610,000 442,545 8
DB:1JP Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-03-31 12,662,113 -4,746,599 479,419
2018-12-31 12,746,943 477,588
2018-09-30 12,784,524 -4,371,872 504,218
2018-06-30 12,779,887 479,667
2018-03-31 12,886,003 -2,822,110 460,623
2017-12-31 12,937,415 49,590
2017-09-30 13,000,378 -4,943,034 1,417
2017-06-30 13,076,355 -7,611
2017-03-31 13,169,056 -2,925,253 -28,976
2016-12-31 13,312,123 339,500
2016-09-30 13,643,903 -1,011,542 362,353
2016-06-30 13,963,435 366,464

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Japan Post Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Japan Post Holdings's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:1JP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Japan Post Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1JP Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-03-31 100.50 100.50 100.50 1.00
2022-03-31 106.41 111.10 102.15 6.00
2021-03-31 112.21 121.00 103.88 9.00
2020-03-31 110.00 114.21 103.88 7.00
DB:1JP Past Financials Data
Date (Data in JPY Millions) EPS *
2019-03-31 118.57
2018-12-31 118.12
2018-09-30 124.71
2018-06-30 118.17
2018-03-31 112.97
2017-12-31 12.11
2017-09-30 0.34
2017-06-30 -1.85
2017-03-31 -7.04
2016-12-31 82.47
2016-09-30 86.53
2016-06-30 85.55

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Japan Post Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Japan Post Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Japan Post Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

1JP Past Performance

  How has Japan Post Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Japan Post Holdings's growth in the last year to its industry (Insurance).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Japan Post Holdings's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Japan Post Holdings's 1-year earnings growth exceeds its 5-year average (4.1% vs -2.3%)
  • Japan Post Holdings's earnings growth has not exceeded the DE Insurance industry average in the past year (4.1% vs 9.4%).
Earnings and Revenue History
Japan Post Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Japan Post Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:1JP Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 12,662,113.00 479,419.00
2018-12-31 12,746,943.00 477,588.00
2018-09-30 12,784,524.00 504,218.00
2018-06-30 12,779,887.00 479,667.00
2018-03-31 12,886,003.00 460,623.00
2017-12-31 12,937,415.00 49,590.00
2017-09-30 13,000,378.00 1,417.00
2017-06-30 13,076,355.00 -7,611.00
2017-03-31 13,169,056.00 -28,976.00
2016-12-31 13,312,123.00 339,500.00
2016-09-30 13,643,903.00 362,353.00
2016-06-30 13,963,435.00 366,464.00
2016-03-31 14,078,022.00 425,972.00
2015-03-31 14,259,540.00 482,682.00 2,499,775.00
2014-03-31 15,228,229.00 479,071.00 2,476,037.00
2013-03-31 15,845,116.00 562,753.00 2,446,318.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Japan Post Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Japan Post Holdings used its assets less efficiently than the DE Insurance industry average last year based on Return on Assets.
  • Unable to establish if Japan Post Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Japan Post Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Insurance industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Japan Post Holdings has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

1JP Health

 How is Japan Post Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Japan Post Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Japan Post Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Japan Post Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Japan Post Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Japan Post Holdings Company Filings, last reported 3 months ago.

DB:1JP Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 14,788,653.00 17,874,689.00 63,404,810.00
2018-12-31 13,906,635.00 18,535,055.00 63,471,236.00
2018-09-30 14,517,917.00 16,762,882.00 60,168,317.00
2018-06-30 14,615,791.00 16,134,544.00 62,464,168.00
2018-03-31 14,743,233.00 19,891,781.00 62,302,789.00
2017-12-31 15,346,167.00 18,015,450.00 62,897,305.00
2017-09-30 15,097,314.00 19,003,619.00 65,950,717.00
2017-06-30 14,984,785.00 17,939,571.00 68,819,685.00
2017-03-31 14,954,580.00 19,830,967.00 65,553,134.00
2016-12-31 15,374,241.00 18,484,632.00 61,939,276.00
2016-09-30 15,089,506.00 16,999,317.00 60,837,482.00
2016-06-30 15,007,709.00 16,728,449.00 61,326,295.00
2016-03-31 15,176,087.00 16,955,168.00 59,190,998.00
2015-03-31 15,301,560.00 18,193,415.00 35,806,895.00
2014-03-31 13,388,648.00 15,373,173.00 21,530,871.00
2013-03-31 12,448,196.00 12,557,798.00 10,370,641.00
  • Japan Post Holdings's level of debt (120.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (114.9% vs 120.9% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Japan Post Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Japan Post Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Japan Post Holdings has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

1JP Dividends

 What is Japan Post Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.36%
Current annual income from Japan Post Holdings dividends. Estimated to be 4.49% next year.
If you bought €2,000 of Japan Post Holdings shares you are expected to receive €87 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Japan Post Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • Japan Post Holdings's dividend is above the markets top 25% of dividend payers in Germany (3.82%).
Upcoming dividend payment

Purchase Japan Post Holdings before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:1JP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
Germany Insurance Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 325 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:1JP Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2023-03-31 50.00 1.00
2022-03-31 51.67 6.00
2021-03-31 51.11 9.00
2020-03-31 51.75 10.00
DB:1JP Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-06-20 50.000 4.121
2019-05-15 50.000 4.142
2019-02-14 50.000 3.868
2018-11-26 50.000 3.791
2018-11-14 50.000 3.634
2018-06-21 50.000 3.879
2018-05-15 50.000 3.976
2018-02-14 50.000 3.842
2017-11-24 50.000 3.858
2017-06-23 50.000 3.709
2017-05-15 50.000 3.660
2016-11-25 50.000 3.475
2016-11-14 50.000 3.574
2016-06-24 50.000 3.826
2016-05-13 50.000 3.688

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Japan Post Holdings has been paying a dividend for less than 10 years.
  • Japan Post Holdings has only been paying a dividend for 3 years, and since then there has been no growth.
Current Payout to shareholders
What portion of Japan Post Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Japan Post Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Japan Post Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Japan Post Holdings has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

1JP Management

 What is the CEO of Japan Post Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Masatsugu Nagato
AGE 71
TENURE AS CEO 3.3 years
CEO Bio

Mr. Masatsugu Nagato has been President, Chief Executive Officer and Representative Executive Officer of Japan Post Holdings Co., Ltd. since April 1, 2016. Mr. Nagato served as the Chief Executive Officer and President of Japan Post Bank Co., Ltd. from May 11, 2015 to March 2016. Mr. Nagato served as a Deputy President of Fuji Heavy Industries Ltd. since June 2010 and as its Executive Vice President. He served as Managing Executive Officer and Head of the Americas of Mizuho Corporate Bank, a subsidiary of Mizuho Financial Group, Inc. He served as the Chairman of Citibank Japan Ltd. and served as its Vice Chairman. He has been a Director of Japan Post Holdings Co., Ltd. since June 2015. He serves as a Representative Executive Officer at Japan Post Insurance Co., Ltd and has been its Director since June 24, 2016. He has been a Director of Japan Post Bank Co., Ltd. since April 2, 2016. Mr. Nagato serves as Director at JAPAN POST Co., Ltd. He served as a Representative Director of Fuji Heavy Industries Ltd. since June 2010. He served as a Director of The Industrial Bank of Japan, Ltd.

CEO Compensation
  • Insufficient data for Masatsugu to compare compensation growth.
  • Insufficient data for Masatsugu to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Japan Post Holdings management team in years:

3.1
Average Tenure
71
Average Age
  • The tenure for the Japan Post Holdings management team is about average.
Management Team

Masatsugu Nagato

TITLE
CEO, President
AGE
71
TENURE
3.3 yrs

Katsunori Sago

TITLE
Head of Asset Management for Banking Unit
AGE
52
TENURE
4.1 yrs

Yasuo Suzuki

TITLE
Senior EVP
TENURE
6.1 yrs

Toshihide Komatsu

TITLE
Executive VP & Representative Executive Officer
TENURE
5.8 yrs

Kunio Tanigaki

TITLE
Senior Managing Executive Officer
TENURE
1.5 yrs

Noboru Ichikura

TITLE
Senior Managing Executive Officer
TENURE
3.1 yrs

Toru Inasawa

TITLE
Senior Managing Executive Officer
TENURE
2.3 yrs

Yoshifumi Iwasaki

TITLE
Executive VP & Representative Executive Officer
AGE
76
TENURE
3.1 yrs

Kazuhide Kinugawa

TITLE
Senior Managing Executive Officer
TENURE
3.1 yrs

Atsuhiko Ikeda

TITLE
Senior Managing Executive Officer
TENURE
2.3 yrs
Board of Directors Tenure

Average tenure and age of the Japan Post Holdings board of directors in years:

4.1
Average Tenure
72
Average Age
  • The tenure for the Japan Post Holdings board of directors is about average.
Board of Directors

Yasuo Suzuki

TITLE
Senior EVP
TENURE
6.1 yrs

Akio Mimura

TITLE
Outside Director
AGE
79
TENURE
6.1 yrs

Masatsugu Nagato

TITLE
CEO, President
AGE
71
TENURE
4.1 yrs

Tadashi Yagi

TITLE
Outside Director
TENURE
6.1 yrs

Tsuyoshi Okamoto

TITLE
Outside Director
AGE
72

Kunio Ishihara

TITLE
Outside Director
AGE
76
TENURE
4.1 yrs

Norito Ikeda

TITLE
Director
AGE
72
TENURE
3.1 yrs

Kunio Yokoyama

TITLE
Director

Charles Lake

TITLE
Outside Director
AGE
57
TENURE
3.1 yrs

Michiko Hirono

TITLE
Outside Director
TENURE
3.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Japan Post Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Japan Post Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

1JP News

Simply Wall St News

1JP Company Info

Description

Japan Post Holdings Co., Ltd., through its subsidiaries, provides postal, banking, and insurance services in Japan. It operates through Postal and Domestic Logistics, Post Office, International Logistics, Banking, and Life Insurance segments. The company engages in the postal, banking counter, and insurance counter operations; sale of documentary stamps; operations consigned by local government entities; and provision of other bank, and life and non-life insurance agency services. It also provides domestic distribution and delivery; international cargo transport and agency services for air cargo; logistics; real estate; and merchandise sale services. In addition, the company offers truck cargo transportation, automobile and machinery maintenance, vehicle maintenance and management, international air freight forwarding, post office advertisements posting, facilities management and contracting, automobile liability insurance agency, mail-order, wholesale, alcohol agency, 3PL, express, and securities investment management services. Further, it provides temporary staffing, contracting, office cleaning, hotel management, communication network maintenance and management, investment, management consulting, financial, and telemarketing services. Additionally, the company engages in the collection and delivery of Yu-pack and other items; preparation and posting of postal items, parcels, and mail items; planning, development, and sale of direct mail and contracted shipment of merchandise; sale of petroleum; property management for commercial buildings; sale of catalog products; and commissioning of design, development, maintenance, and operation of information systems. It also operates 6 Teishin hospitals; and 11 MIELPARQUE hotels and 53 Kanpo no Yado inns in Japan. The company was founded in 2006 and is headquartered in Tokyo, Japan.

Details
Name: Japan Post Holdings Co., Ltd.
1JP
Exchange: DB
Founded: 2006
¥38,149,774,731
4,043,203,999
Website: http://www.japanpost.jp
Address: Japan Post Holdings Co., Ltd.
2-3-1 Otemachi,
Chiyoda-ku,
Tokyo,
100-8791,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 6178 Common Stock The Tokyo Stock Exchange JP JPY 04. Nov 2015
OTCPK JPHL.F Common Stock Pink Sheets LLC US USD 04. Nov 2015
DB 1JP Common Stock Deutsche Boerse AG DE EUR 04. Nov 2015
OTCPK JPPH.Y UNSPONSORD ADR Pink Sheets LLC US USD 14. Mar 2016
Number of employees
Current staff
Staff numbers
245,922
Japan Post Holdings employees.
Industry
Life and Health Insurance
Insurance
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 22:02
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2019/07/16
Last earnings filing: 2019/06/20
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.