Japan Post
Japan Post | |
---|---|
legal form | State company |
founding | April 2, 2003 |
resolution | September 30, 2007 |
Seat | Tokyo , Japan |
management | Jirō Saitō |
Number of employees | 256,572 (2006) |
Post offices | 24,700 |
sales | 23,061 trillion JPY (2006) |
Branch | Logistics , banking , insurance |
Japan Post ( Jap. 日本郵政公社 , Japan Post Holdings Kosha ) was a Japanese public company that the monopoly in mail delivery as well and a large market share in the parcel transport , in banking services and insurance companies owned.
The company was founded on April 2, 2003 from the Postal Authority ( 郵政 事業 庁 , yūsei-jigyō-chō ) at the Ministry of Internal Affairs and Communications , which was the successor to the former Postal Ministry . The establishment was an important step in the implementation of the reform plans of the then Prime Minister Jun'ichirō Koizumi . The last (2006-2007) President ( sōsai ) of the state-owned company was Yoshifumi Nishikawa , former President ( tōdori ) of the KK Mitsui Sumitomo Ginkō (English Mitsui Sumitomo Banking Corp.). The Japanese Post had over 400,000 employees and operated around 24,700 post offices . It was the largest employer in Japan and employed a third of all public employees. Japanese households held savings of 224 trillion yen (approx. 1.7 trillion euros) and a further 126 trillion yen (approx. 950 billion euros) in the form of life insurance in Postbank accounts .
On October 1, 2007, the divisions of the Post were transferred to the private holding company Japan Post Holdings and the state-owned company was dissolved. This started the privatization process of the Post, which is to extend over a period of ten years and at the end of which there will be four independent companies (bank, insurance, mail delivery and counter services).
Web links
- Official website of the Japan Post Group . Retrieved May 27, 2015.