Japan Post Insurance Balance Sheet

Financials in millions JPY. Fiscal year is April - March.

Millions JPY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Other Investments	46,197,032	47,133,707	48,741,005	51,226,258	55,537,717	57,858,697
Total Investments	46,197,032	47,133,707	48,741,005	51,226,258	55,537,717	57,858,697
Cash & Equivalents	1,544,519	1,976,083	1,157,322	1,436,524	1,270,762	1,335,014
Reinsurance Recoverable	14,762	10,641	7,646	4,049	3,914	3,938
Other Receivables	2,332,771	2,594,138	3,358,001	3,734,484	4,378,786	5,424,109
Property, Plant & Equipment	138,555	141,068	136,936	92,717	94,497	105,399
Other Intangible Assets	117,538	113,596	97,807	92,326	93,609	113,420
Restricted Cash	7,815,229	6,460,029	6,271,415	4,772,321	4,521,912	4,189,294
Long-Term Deferred Tax Assets	358,876	728,870	636,644	1,028,784	1,005,346	904,135
Other Long-Term Assets	456,013	397,560	449,123	299,925	268,253	238,976
Total Assets	58,975,295	59,555,692	60,855,899	62,687,388	67,174,796	70,172,982
Accrued Expenses	-	227	-	-	-	-
Insurance & Annuity Liabilities	48,432,615	49,850,659	51,614,421	54,693,391	57,793,464	60,740,576
Unpaid Claims	323,205	314,993	373,913	410,387	402,608	419,021
Reinsurance Payable	5,901	5,945	6,001	6,297	6,256	6,394
Short-Term Debt	4,424,507	4,516,922	3,905,000	3,740,688	2,570,899	-
Long-Term Debt	500,000	500,000	400,000	300,000	2,536,696	4,887,469
Other Long-Term Liabilities	1,044,549	1,017,593	1,064,889	1,091,917	1,375,498	1,211,634
Total Liabilities	54,852,556	56,314,266	57,460,155	60,312,011	64,753,734	67,331,508
Common Stock	500,000	500,000	500,000	500,000	500,000	500,000
Additional Paid-In Capital	405,044	405,044	405,044	405,044	405,044	405,044
Retained Earnings	843,948	803,497	717,960	701,540	639,822	901,390
Treasury Stock	-30,998	-901	-948	-36,082	-355	-397
Comprehensive Income & Other	2,404,745	1,533,786	1,773,688	804,875	876,551	1,035,437
Shareholders' Equity	4,122,739	3,241,426	3,395,744	2,375,377	2,421,062	2,841,474
Total Liabilities & Equity	58,975,295	59,555,692	60,855,899	62,687,388	67,174,796	70,172,982
Filing Date Shares Outstanding	364.26	382.79	382.77	382.71	399.54	399.53
Total Common Shares Outstanding	364.26	382.79	382.77	382.71	399.54	562.43
Total Debt	4,924,507	5,016,922	4,305,000	4,040,688	5,107,595	4,887,469
Net Cash (Debt)	-3,379,988	-3,040,839	-3,147,678	-2,604,164	-3,836,833	-3,552,455
Net Cash Per Share	-9044.74	-7944.11	-8223.91	-6655.67	-9106.09	-6316.27
Book Value Per Share	11318.06	8467.97	8871.61	6206.80	6059.59	5052.11
Tangible Book Value	4,005,201	3,127,830	3,297,937	2,283,051	2,327,453	2,728,054
Tangible Book Value Per Share	10995.38	8171.21	8616.08	5965.55	5825.30	4850.45

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.