Japan Post Holdings

From Wikipedia, the free encyclopedia
  (Redirected from Japan Post Group)
Jump to: navigation, search
Japan Post Holdings Co., Ltd.
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[edit]

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[edit]

The group operates via four main divisions:[8]

References[edit]

  1. ^ a b c "Global 500 2014". Fortune. 31 March 2014. Retrieved 25 October 2014. 
  2. ^ a b "Japan Post Group Annual REPORT 2011" (PDF). Japan Post Holdings. 31 March 2011. Retrieved 25 October 2014. 
  3. ^ a b "Japan Post Holdings". Global 500. Fortune. Archived from the original on 6 December 2010. Retrieved 31 December 2010. 
  4. ^ "About Japan Post Archived 2010-04-12 at the Wayback Machine.." Japan Post Holdings. Retrieved on April 24, 2010.
  5. ^ "Corporate Profile". Japan Post Holdings. 1 July 2010. Retrieved 31 December 2010. 
  6. ^ "Japan Post Holdings". Fortune Global 500. 2013. Archived from the original on 2013-12-11. 
  7. ^ Lewis, Leo (April 25, 2017). "Japan Post warns of losses after blow from Toll". Financial Times. Retrieved April 30, 2017. 
  8. ^ "Index of Postal Freedom: Japan". Consumer Postal Council. Retrieved 31 December 2010. 

External links[edit]