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The company was founded on 23 January 2006, [8] 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 were subsequently put on hold.
The law also stated that Japan Post Bank and Japan Post Insurance are to go public in 2010 and their shares would be made available to the market two years later. [8] [9] However, the majority privatisation process, which nonetheless saw the Japanese government still maintain control of one-third of the company's stock, was completed in October ...
Japan Post Co., Ltd. (日本郵便株式会社, Nippon Yū-bin Kabushiki-gaisha), is a Japanese post, logistics and courier headquartered in Tokyo. It is part of the Japan Post Holdings group. History
On January 23, 2006, Japan Post Holdings Co., Ltd. was created as the holding company of separate entities of the government-owned postal system including postal savings and insurance. In 2007, a series of steps were taken for smooth transition of privatization.
Japan Post Bank Co., Ltd. (株式会社ゆうちょ銀行, Kabushiki gaisha Yūcho Ginkō) is a Japanese bank headquartered in Tokyo.It is a corporation held by Japan Post Holdings, in which the government of Japan has a majority stake.
Japanese Post office. 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.
Since 2007, the nation's post offices have been managed by the firm Japan Post Network, which is itself a part of the larger Japan Post Holdings conglomerate. As of December 2017, the smaller company has been managed by CEO Koji Furukawa. [3] The simple Japanese postal mark, introduced in 1887, is still used to this day.
Japan Post was reorganized into Japan Post Group in 2007 as a material step of the Japanese postal service privatization. It ceased to be wholly owned by the government on November 4, 2015 when the government listed 11% of its holdings on the Tokyo Stock Exchange .