Japan Post Bank Co., Ltd. announced non-consolidated earnings results for the first quarter ended June 30, 2016. For the period, the company reported ordinary income of JPY 459,967 million against JPY 482,708 million a year ago. Net ordinary income was JPY 92,975 million against JPY 113,888 million a year ago. Income before income taxes was JPY 92,837 million against JPY 113,540 million a year ago. Net income was JPY 67,884 million or JPY 18.10 per share against 79,270 million or JPY 21.14 per share a year ago. The company saw its net profit decline 14.3% to JPY 67.8 billion following the Bank of Japan's introduction of an unprecedented negative interest rate policy in February.

For the year ending March 31, 2017, the company is expecting its net ordinary income to be of JPY 420,000 million and net income to be of JPY 300,000 million or JPY 80.01 per share.