Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Japan Post Insurance Co., Ltd.    7181   JP3233250004

JAPAN POST INSURANCE CO., LTD.

(7181)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

FACTBOX-Japan Post Insurance says JGBs becoming attractive, may buy Japan shares

10/27/2020 | 01:00am EST

Oct 27 (Reuters) - Japan Post Insurance expects the relative attractiveness of superlong Japanese government bonds (JGBs) is growing while it also considers buying Japanese stocks if the Nikkei falls below 20,000, the insurer said on Tuesday.

Following is a summary of Japan Post Insurance's portfolio investment plans in the half year through March. The firm, popularly known as Kampo, had total assets of 70.8 trillion yen ($676 billion) as of end-June.

DOMESTIC BONDS

Kampo expects its yen bond holdings to likely fall in Oct-March, due mainly to redemptions. But the insurer has grown positive on domestic bonds. "We think relative attractiveness of superlong JGBs is growing. We will buy more when the 20-year yield tops 0.5%," said a senior investment official.

FOREIGN BONDS

The insurer expects the holdings of foreign bonds, both with and without currency hedge, are likely to remain steady in the current fiscal half. Within the FX-hedged space, Kampo plans to buy U.S. investment grade corporate bonds.

STOCKS

Japan Post Insurance sees its domestic stock holdings staying flat or modestly increasing in Oct-March. The company plans to buy shares when the market corrects. "We will buy domestic stocks when the Nikkei dips below the 20,000 mark," a senior official said.

ALTERNATIVE INVESTMENTS

Kampo plans to add alternative assets in Oct-March. The firm finds investment opportunities in private equity, domestic real estate and infrastructure.

ESG

Japan Post Insurance will start engagement activities with debt issuers in the current fiscal half, in addition to equity issuers, in an effort to step up the firm's responsible investment. ($1 = 104.7500 yen)

(Reporting Tomo Uetake in Sydney, additional reporting by Shinji Kitamura in Tokyo; Editing by Hideyuki Sano and Krishna Chandra Eluri)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
JAPAN POST HOLDINGS CO., LTD. -1.03% 798.4 End-of-day quote.-22.18%
JAPAN POST INSURANCE CO., LTD. 0.00% 1800 End-of-day quote.-3.33%
NIKKEI 225 1.34% 26787.54 Real-time Quote.12.63%
All news about JAPAN POST INSURANCE CO., LTD.
11/10JAPAN POST INSURANCE CO., LTD. : half-yearly earnings release
11/01Stories on Japan insurers investment plans available in PDF file
RE
10/27WRAPUP 1-Japanese insurers look to domestic bonds as yield gaps with foreign ..
RE
10/27WRAPUP 1-Japanese insurers look to domestic bonds as yield gaps with foreign ..
RE
10/27FACTBOX-Japan Post Insurance says JGBs becoming attractive, may buy Japan sha..
RE
09/15JAPAN POST INSURANCE : (Update on the Previous Disclosure) Progress of the Busin..
PU
09/11Japan Post group to resume insurance sales on October 5 after long suspension
RE
09/11Japan Post group to resume insurance sales on Oct 5 after long suspension
RE
09/11JAPAN POST INSURANCE : (Update on the Previous Disclosure) Start Date of Operati..
PU
08/26JAPAN POST : to resume insurance product sales after scandal
AQ
More news
Financials
Sales 2021 6 749 B 64 753 M 64 753 M
Net income 2021 144 B 1 383 M 1 383 M
Net Debt 2021 - - -
P/E ratio 2021 7,63x
Yield 2021 4,27%
Capitalization 1 005 B 9 657 M 9 638 M
Capi. / Sales 2021 0,15x
Capi. / Sales 2022 0,15x
Nbr of Employees 8 283
Free-Float 35,5%
Chart JAPAN POST INSURANCE CO., LTD.
Duration : Period :
Japan Post Insurance Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends JAPAN POST INSURANCE CO., LTD.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 1 862,73 JPY
Last Close Price 1 786,00 JPY
Spread / Highest target 34,4%
Spread / Average Target 4,30%
Spread / Lowest Target -16,0%
EPS Revisions
Managers
NameTitle
Tetsuya Senda Representative Executive President
Yasuaki Hironaka Head-Information Technology Systems Management
Masatsugu Nagato Director
Masako Suzuki Independent Outside Director
Masaaki Horigane Secretary, Director, EVP & Head-Accounting
Sector and Competitors
1st jan.Capitalization (M$)
JAPAN POST INSURANCE CO., LTD.-3.33%9 657
AXA-21.42%56 232
PRUDENTIAL PLC-16.36%41 986
JAPAN POST HOLDINGS CO., LTD.-22.18%30 817
SUN LIFE FINANCIAL INC.-0.05%26 665
DAI-ICHI LIFE HOLDINGS, INC.-7.98%17 882