Japan Post Holdings
Make The New Standard | |
Public KK | |
Traded as | TYO: 6178 |
Industry | Conglomerate |
Founded | January 23, 2006 |
Headquarters | Kasumigaseki, Chiyoda, Tokyo, Japan |
Key people |
Masatsugu Nagato (President and CEO) |
Products | Mail delivery, post offices, banking, life insurance, insurance, courier |
Services | Financial services |
Revenue | US$ 129.686 billion (2014)[1] |
US$ 4.390 billion (2014)[1] | |
Total assets | US$ 2.467 trillion (2014)[1] |
Total equity | US$ 120.87 billion (2011)[2] |
Owner | Government of Japan (80.49%) |
Number of employees | 229,421 (2015)[2] |
Subsidiaries |
Japan Post Service Japan Post Network Japan Post Bank Japan Post Insurance Toll Holdings |
Website | japanpost.jp/en/ |
Japan Post Holdings Co., Ltd. (日本郵政株式会社 Nippon Yū-sei Kabushiki-gaisha) is a Japanese state-owned conglomerate headquartered in Kasumigaseki, Chiyoda, Tokyo. It is mainly engaged in postal and logistics business, financial window business, banking business and life insurance business. The company offers letters and goods transportation services, stamp sales, deposits, loans, and insurance products.[3][4]
History
The company was founded on 23 January 2006,[5] although it was not until October 2007 that it took over the functions of Japan Post.
There were plans to fully privatize the company, but these have been put on hold.[3] As of 2013, it ranked thirteenth in the Fortune Global 500 list of the world's largest companies.[6]
On April 25, 2017, Japan Post Holdings said it would have a Y40bn ($360m) loss for its first full financial year as a listed company, due to losses from Toll Holdings, which it controversially acquired in 2015.[7]
Operating companies
The group operates via four main divisions:[8]
- Japan Post Service, which deals with mail delivery.
- Japan Post Network, which runs the post offices.
- Japan Post Bank, which deals with banking functions.
- Japan Post Insurance, which provides life insurance.
- Toll Holdings, which provides transportation and logistics
References
- 1 2 3 "Global 500 2014". Fortune. 31 March 2014. Retrieved 25 October 2014.
- 1 2 "Japan Post Group Annual REPORT 2011" (PDF). Japan Post Holdings. 31 March 2011. Retrieved 25 October 2014.
- 1 2 "Japan Post Holdings". Global 500. Fortune. Archived from the original on 6 December 2010. Retrieved 31 December 2010.
- ↑ "About Japan Post Archived 2010-04-12 at the Wayback Machine.." Japan Post Holdings. Retrieved on April 24, 2010.
- ↑ "Corporate Profile". Japan Post Holdings. 1 July 2010. Retrieved 31 December 2010.
- ↑ "Japan Post Holdings". Fortune Global 500. 2013. Archived from the original on 2013-12-11.
- ↑ Lewis, Leo (April 25, 2017). "Japan Post warns of losses after blow from Toll". Financial Times. Retrieved April 30, 2017.
- ↑ "Index of Postal Freedom: Japan". Consumer Postal Council. Retrieved 31 December 2010.
External links
Wikimedia Commons has media related to Japan Post Group. |
- Japan Post Holdings (in Japanese)
- Japan Post Holdings (in Japanese)
- Japan Post Holdings (in English)
- FT.com (in English)
- Japan embassy UK (in English)