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Financial Information
Bond and Credit Rating Information
Bond Information
| Name of bond | Issue date | Principal amount | Maturity date |
|---|---|---|---|
| First series of subordinated unsecured bonds with interest deferral option and early redemption option | January 29, 2019 |
¥100 billion | January 29, 2049*1 |
| Second series of subordinated unsecured bonds with interest deferral option and early redemption option | January 28, 2021 |
¥200 billion | January 28, 2051*2 |
| Third series of subordinated unsecured bonds with interest deferral option and early redemption option | September 7, 2023 |
¥100 billion | September 7, 2053*3 |
| Fourth series of subordinated unsecured bonds with interest deferral option and early redemption option | April 17, 2024 |
¥100 billion | April 17, 2054*4 |
*1 The Company may, at its discretion, redeem the bond on any interest payment date on and after January 29, 2029 or upon the occurrence and continuation of a regulatory event, a tax deductibility event or a rating agency event on and after January 29, 2019, subject to a prior approval of the regulatory authority.
*2 The Company may, at its discretion, redeem the bonds on January 28, 2031 and every date which falls five, or a multiple of five, years thereafter or upon the occurrence and continuation of a regulatory event, a tax deductibility event or a rating agency event on and after the payment date, subject to the prior approval of the regulatory authority.
*3 The Company may, at its discretion, redeem the bonds on September 7, 2033 and every date which falls five, or a multiple of five, years thereafter or upon the occurrence and continuation of a regulatory event, a tax deductibility event or a rating agency event on and after the payment date, subject to the prior approval of the regulatory authority.
*4 The Company may, at its discretion, redeem the bonds on April 17, 2034 and every date which falls five, or a multiple of five, years thereafter or upon the occurrence and continuation of a regulatory event, a tax deductibility event or a rating agency event on and after the payment date, subject to the prior approval of the regulatory authority.
Credit Rating Information
Below are Japan Post Insurance's current credit ratings.
| Rating agency | Rating description | Rating | Outlook |
|---|---|---|---|
| Rating and Investment Information, Inc. (R&I) | Insurance Claims Paying Ability | AA- | Stable |
| Japan Credit Rating Agency,Ltd. (JCR) | Ability to Pay Insurance Claims Rating | AA | Stable |
| Standard & Poor's (S&P) | Insurer Financial Strength Ratings | A+ | Stable |
Disclaimer
The above ratings represent the opinion of the respective rating agencies and are not a guarantee by said agencies for the payment of insurance claims.
Furthermore, the judgment of the rating agencies may change in the future.
For details of the basis for these ratings, please see the announcements issued by each respective rating agency.
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IR information
