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JAPAN POST INSURANCE Co., Ltd. ( (JP:7181) ) has issued an announcement.
Japan Post Insurance Co., Ltd. reported a significant increase in net income by 65.4% year on year, despite a decline in the number of new policies sold, particularly in lump-sum payment whole life insurance. The company experienced a decrease in the value of new business by 37.8% due to fewer new policies, but saw an increase in embedded value by 2.0% due to unrealized gains in domestic stocks, reflecting a positive market environment.
The most recent analyst rating on (JP:7181) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on JAPAN POST INSURANCE Co., Ltd. stock, see the JP:7181 Stock Forecast page.
More about JAPAN POST INSURANCE Co., Ltd.
Japan Post Insurance Co., Ltd. operates in the insurance industry, focusing primarily on providing individual insurance products. The company is known for offering a range of life insurance policies, including whole life insurance, and is a significant player in the Japanese insurance market.
Average Trading Volume: 918,406
Technical Sentiment Signal: Buy
Current Market Cap: Yen1415.2B
For an in-depth examination of 7181 stock, go to TipRanks’ Overview page.