Significant group revenue growth driven by financial services division, as Japan Post prioritises partnerships & digital transformation.
Japan Post’s group revenue grew by 7.6% in 2023, driven by €6.35bn revenue growth in Japan Post’s financial services division, which offset a €1.07bn decline in revenues for the post’s logistics division.
The post reported EBIT of €7.6bn and an EBIT margin of 8.7% in 2023, up from 6.2% the prior year.