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The network was set up primarily for Japan Post's postal finance systems, which include its savings accounts. Yucho ATMs are also linked internationally to the Cirrus, China UnionPay and PLUS interbank networks, and also accept Visa, MasterCard, American Express, Diners Club, Japan Credit Bureau and China UnionPay credit cards through those ...
Japan Post ran the world's largest postal savings system and is often said to be the largest holder of personal savings in the world: with ¥224 trillion ($2.1 trillion) of household assets in its yū-cho savings accounts, and ¥126 trillion ($1.2 trillion) of household assets in its kampo life insurance services; its holdings account for 25 ...
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The outside of a Japan Post Bank branch in Akita, Japan. In 2019, Japan Post Bank was managing ¥205 trillion of assets. It oversaw approximately 120 million customer accounts, who had access to services in almost 24,000 branches across Japan, most of which are contracted post offices officially belonging to the Japan Post Service. [2]
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
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
On April 25, 2017, Japan Post Holdings said it would have a ¥40bn ($360m) loss for its first full financial year as a listed company, due to losses from Toll Group, which it controversially acquired in 2015. [11] In September 2017, the Japanese government announced its sale of $12 billion worth of Japan Post Holdings Co. Ltd. stock.
The nation of Japan currently possesses one of the most advanced communication networks in the world. For example, by 2008 the Japanese government 's Internal Affairs and Communications Ministry stated that about 75 million people used mobile phones to access the Internet , said total accounting for about 82% of individual Internet users.