Japan Post Insurance Reports Mixed Quarterly Results
Company Announcements

Japan Post Insurance Reports Mixed Quarterly Results

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

JAPAN POST INSURANCE Co., Ltd. reported a decrease in ordinary income by 8.1% but an increase in ordinary profit by 57.5% for the three months ended June 30, 2024. Despite the mixed results, the company expects a downward trend for the full fiscal year with an 11.6% decrease in ordinary income and a 9.3% reduction in net income attributable to the company. The company’s overall financial position shows a slight increase in net assets and an equity ratio of 5.7% as of June 30, 2024.

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

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App