Japan Post Insurance : Notice Regarding Unrealized Losses on Securities for the Three Months Ended June 30, 2022

3,926,474 million yen

3,410,769 million yen

515,705 million yen

356,113 million yen

(144.8％)

158,062 million yen

(326.2％)

UNOFFICIAL TRANSLATION

Although Japan Post Insurance pays close attention to providing an English translation of the information disclosed in Japanese, the Japanese original prevails over the English translation in the case of any discrepancy.

July 29, 2022

Company name: JAPAN POST INSURANCE Co., Ltd.

Representative: SENDA Tetsuya, Director and President, CEO, Representative Executive Officer

Stock exchange listing: Prime Market of the Tokyo Stock Exchange (Code Number: 7181)

Notice Regarding Unrealized Losses on Securities

for the Three Months Ended June 30, 2022

JAPAN POST INSURANCE Co., Ltd. (the "Company") hereby announces the total amount of unrealized losses on the Company's securities as of June 30, 2022, as follows.

This amount represents the total amount of unrealized losses on securities that had unrealized losses. The total amount of unrealized gains on securities that had unrealized gains and the total amount of net unrealized gains were 3,926,474 million yen and 3,410,769 million yen, respectively, as shown in (Reference) below.

1. Assessed securities

(A) Total unrealized losses on securities as of June 30, 2022

(B) Consolidated ordinary profit for the fiscal year ended March 31, 2022

(A/B x 100)

(C) Consolidated net income attributable to Japan Post Insurance for the fiscal year ended March 31, 2022 (A/C x 100)

Notes: 1. The securities subject to assessment are those categorized as "held-to-maturity bonds" or "policy-reserve-matching bonds," that are listed on a Japanese financial

instruments exchange.
2. Book value of assessed securities	5,044,185 million yen
Market value of assessed securities	4,528,480 million yen

2. Impact on the financial results

At this time, with regard to the consolidated financial results forecast for the fiscal year ending March 31, 2023 (April 1, 2022 to March 31, 2023), there has been no change from the financial results forecast and dividend forecast announced on May 13, 2022. An announcement will be made promptly if matters due for disclosure arise.

(Reference)

1. The Company's first quarter of the fiscal year ends on June 30.
2. Unrealized gains and net unrealized gains on securities as of June 30, 2022 were as follows.

(D) Total unrealized gains on securities as of June 30, 2022

(E) Total net unrealized gains on securities as of June 30, 2022 (D-A)