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JAPAN POST BANK have formulated Medium-term Management Plan (FY2022/3 through FY2026/3) .
Under our previous medium-term management plan (from FY2019/3 through FY2021/3), despite the challenging environment presented to us, we worked on the Provision of high-quality customer-oriented financial services, Funds flow to Regional communities, Diversification and Sophistication of Investment Management and Strengthening the business management system took steady steps toward solidifying the foundation necessary to realize our ideal state.
On the other hand, the business environment faced by Japan Post Bank is changing drastically, including a declining population and super-aging society, the contracting regional economies, advance in the digital innovation, and changes to new lifestyles in the wake of COVID-19 pandemic. We have formulated a new Medium-term Management Plan (FY2022/3 through FY2026/3) based on our recognition of the challenges regarding this changing environment, as well as our strengths and management resources.
We will positioned the period of the Medium-term Management Plan as a five-year period for “deepening trust, and taking on the challenge for financial innovations,” and aim for innovations to our business model and enhancements to business sustainability through the five key strategies formulated as specifically strategies.
We have set the following financial targets for the period of the Medium-Term Management Plan.
Under these financial targets, Japan Post Bank will provide high-quality financial services to customers nationwide through its network of approximately 24,000 post offices, while at the same time taking steps to improve profitability and efficiency.