Japan Post Bank Co., Ltd. Reports Non Consolidated Earnings Results for the Fiscal Year ended March 31, 2012; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2013
May 15, 2012
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Japan Post Bank Co., Ltd. reported non consolidated earnings results for the fiscal year ended March 31, 2012. For the period, the company reported JPY 2,234,596 million compared to JPY 2,205,344 million a year ago. Net ordinary income was JPY 576,215 million compared to JPY 526,550 a year ago. Net income was JPY 334,850 million or 2,232.33 per share compared to JPY 316,329 million or 2,108.86 per share a year ago. Income before income taxes was JPY 573,780 million compared to JPY 525,211 million a year ago. Net cash provided by operating activities was JPY 592,475 million compared to net cash used in operating activities of JPY 1,171,477 million a year ago. Purchases of tangible fixed assets were JPY 31,551 million compared to JPY 32,134 million a year ago. Purchases of intangible fixed assets were JPY 23,637 million compared to JPY 24,592 million a year ago.
The company expects net ordinary income was JPY 470,000 million, net income of JPY 300,000 million or JPY 2,000.00 per share for the fiscal year ending March 31, 2013.
JAPAN POST BANK Co.,Ltd. is a Japan-based company mainly engaged in banking business. It primarily engages in deposit business, lending business, securities investment business, exchange business, government bonds, investment trust and counter sales of insurance products, intermediary business as well as credit card business. The Bank's main businesses include fund management, financing, asset and liability management, as well as fee-based business.
Japan Post Bank Co., Ltd. Reports Non Consolidated Earnings Results for the Fiscal Year ended March 31, 2012; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2013