Japan Post Insurance Faces Large Unrealized Losses
Company Announcements

Japan Post Insurance Faces Large Unrealized Losses

JAPAN POST INSURANCE Co., Ltd. (JP:7181) has released an update.

Japan Post Insurance Co., Ltd. reports a significant unrealized loss of 1,641,171 million yen on securities as of June 30, 2024, with no immediate impact on the financial forecast for the fiscal year ending March 31, 2025. The losses represent a substantial percentage when compared to the company’s consolidated ordinary profit and net income from the previous fiscal year. Despite these losses, the company’s market performance remains steady with no changes to the dividend forecast.

For further insights into JP:7181 stock, check out TipRanks’ Stock Analysis page.

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