Japan Post Holdings
Takanori Ishikawa (Gen. Mang. of the Investor Relations Office)
Maki Hirohisa (Exec. Officer & Sr. GM of HR Department)
Summary
Japan Post Holdings Co., Ltd. provides postal, banking, and insurance services in Japan. The company engages in the postal, banking counter, and insurance counter operations; sale of documentary stamps, petroleum, and catalog products; operations consigned by local government entities; and provision of other bank, and life and non-life insurance agency services. It also provides domestic distribution and delivery; and merchandise sale services, as well as international air cargo transport and agency services. In addition, the company offers Yu-Pack, Yu-Mail, and other parcel delivery; deposits, lending, securities investment, remittances, mortgages, and credit cards; freight forwarding and other logistics; and asset management services. Further, it provides truck cargo transportation, automobile and machinery maintenance, vehicle maintenance and management, post office advertisements posting, automobile liability insurance agency, and express services. Additionally, it offers contracting, hotel management, management, investment, account overdraft guarantee, temporary staffing, office cleaning, telemarketing, and digital-related services. The company also engages in the planning, development, and sale of direct mail; and commissioning of design, development, maintenance, and operation of information systems. In addition, it owns, leases, and manages real estate; develops residential and commercial land; consults, plans and develops business systems and basic technologies; operates 3 Teishin hospitals and 2 hotels; and holds and rents buildings, condominiums, and stores. Japan Post Holdings Co., Ltd. was founded in 1871 and is headquartered in Tokyo, Japan.
History
The company was founded on 23 January 2006, 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. As of 2013, it ranked thirteenth in the Fortune Global 500 list of the world's largest companies.On April 25, 2017, Japan Post Holdings said it would have a ¥40bn loss for its first full financial year as a listed company, due to losses from Toll Group, which it controversially acquired in 2015.In September 2017, the Japanese government announced its sale of $12 billion worth of Japan Post Holdings Co. Ltd. stock. It was the first sale since the 2015 IPO of the postal company and its two units, Japan Post Bank Co. Ltd. and Japan Post Insurance Co. Ltd.. That sale also raised $12 billion, which was used for the repair and reconstruction of places that were destroyed by an earthquake and tsunami in 2011.In December 2019, the heads of Japan Post Holdings announced that they will resign over the improper sales of insurance policies, after the regulator announced administrative punishments against the companies. The company said that Hiroya Masuda, a former minister of Internal Affairs and Communications, has been appointed as successor to current CEO Masatsugu Nagato.In March 2021, Japan Post Holdings announced that it would invest 150 billion yen and take 8 percent stake in internet conglomerate Rakuten.
Mission
We declare our intent to implement three improvements under the headings ""Refine"", ""Expand"", and ""Connect"", utilizing both our large growth potential and our reliable brand, and served by our extensive network.
Key Team
Mr. Kenji Fukumoto (Managing Exec. Officer)
Mr. Noboru Ichikura (Managing Exec. Officer)
Mr. Susumu Tanaka (Managing Exec. Officer)
Tsutomu Shomura (Managing Exec. Officer)
Satoru Tatebayashi (Managing Exec. Officer)
Akihito Nishiguchi (Managing Exec. Officer)
Kenji Ogata (Managing Exec. Officer)
References
Takanori Ishikawa (Gen. Mang. of the Investor Relations Office)
Maki Hirohisa (Exec. Officer & Sr. GM of HR Department)