Japan Post: From Government-Owned to Privatized Postal Service

  • Published on : 02/03/2024
  • by : Japan Experience
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Japan Post, the nation's largest employer with over 400,000 employees and 24,700 post offices, has undergone a major transformation in recent years. The privatization of this government-owned corporation, which offered postal, banking, and insurance services from 2003 to 2007, was initiated by Prime Minister Junichiro Koizumi to improve efficiency and reduce government spending. This reform has been one of the biggest for state-owned enterprises in Japan, with significant impacts on productivity, service quality, and diversification.

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