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Japan Post was formed on 1 October 2007 after the privatisation of its predecessor, Japan Post. On October 1, 2012, Japan Post Network was merged with Japan Post Service to form Japan Post Co., Ltd. .
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The final version of the bill to privatize Japan Post in 2007 was passed in October 2005. [6] It officially abolished Japan Post, with its branches broken up into a shareholding company and four other companies for postal service, postal savings, postal life insurance, and post office service networks. [7]
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Japan Post Network Co., Ltd. (郵便局株式会社, Yū-bin Kyoku Kabushiki-gaisha), was a Japanese company which operated the post office of Japan. It was part of the Japan Post Holdings group. History
Since 2007, the nation's post offices have been managed by the firm Japan Post Network, which, in turn, is a part of the larger Japan Post Holdings conglomerate. As of December 2017, the smaller company has been managed by CEO Koji Furukawa. [6] The simple Japanese postal mark, predating mass literacy in the nation, is still used to this day.