TYO:7181

3 stories mentioning TYO:7181Updated 28d ago

Every FINWIRES story that references TYO:7181, newest first.

Japanese Shares Fall as Oil Prices Climb on US-Iran Deadlock

Japanese equities closed lower on Monday, in line with its Asian peers, amid mounting pressure from rising oil prices as the negotiations in the Iran conflict stall.The Nikkei 225 closed down 593.34 points, or 1.0%, at 60,815.95.Fresh drone attacks in the Gulf regions pushed oil prices and bond yields higher on Monday, according to a Reuters report.Brent crude rose to over $111 per barrel, as the talks for the restoration of the passage through the strategic Strait of Hormuz remain unresolved.Investor sentiment was further dampened by U.S. President Donald Trump, warning that the "clock is ticking" before the U.S. launches harder strikes.A report by Nikkei Asia also indicated that yields on 10-year Japanese government bonds hit their highest in 29 years at 2.8% on Monday, amid investor concerns over inflation and the fiscal situation.On the corporate side, shares of Japan Post Insurance's (TYO:7181) slumped over 11% on Monday, even as its net income attributable jumped 37% to 168.80 billion yen for the fiscal year 2025 from 123.47 billion yen a year earlier.

Nikkei 225TYO:2768TYO:5713TYO:7181

Asia29d ago

Japan Post Insurance's Net Income Jumps 37% in Fiscal Year 2025; Shares Plummet 10%

Japan Post Insurance's (TYO:7181) net income attributable to the company jumped 37% to 168.80 billion yen for the fiscal year 2025 from 123.47 billion yen a year earlier.The life insurer's net income per share increased to 152.55 yen from 107.52 yen a year ago, according to a Tokyo bourse filing on Friday.Ordinary income dropped 8.8% to 5.626 trillion yen for the period ended March 31 from 6.165 trillion yen in the prior year.Japan Post declared a final dividend of 62 yen per share, payable from June 23.For the fiscal year 2026, the insurer expects attributable net income of 141 billion yen, net income per share of 130.12 yen, and ordinary income of 5.130 trillion yen.Japan Post Insurance plans to pay interim and year-end dividends of 25 yen per share each for the year.Japan Post Insurance shares fell over 10% in morning trade Monday.

TYO:7181

Asia49d ago

Market Chatter: Japan Life Insurers Will Boost Domestic Bonds as Yields Rise

About half of Japan's major life insurers will increase domestic bond holdings in fiscal 2026 as long-term yields rise, a Nikkei survey showed Tuesday.Five of 10 insurers plan to add Japanese government bonds, up from four a year earlier, with 20-year yields around 3.3%. The narrowing gap with U.S. yields and hedging costs are reducing the appeal of foreign debt, with only Nippon Life Insurance and Meiji Yasuda Life Insurance planning increases, according to the report.Meiji Yasuda Life Insurance will buy about 1 trillion yen of ultra long-term bonds, while Japan Post Insurance (TYO:7181) will raise holdings for the first time in nearly two decades, the report said.Total domestic bond holdings across the 10 insurers will still fall by about 1.5 trillion yen, a smaller drop than a year earlier. All plan to increase allocations to alternative assets such as private credit, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Nikkei 225TYO:7181