Rank: 13 (Previous rank: 9)
CEO: Jiro Saito
Address: 1-3-2 Kasumigaseki
The once state-run postal service had a solid 2011, with net profit for the fiscal year soaring 11.9% over the previous year to 468.9 billion yen -- the most since Japan privatized its system in 2007.
Though 2011 profits rose, much of that was driven by cutting costs, as the company continued to struggle with with a national decline in mail volume. While Japan Post cut bonuses substantially, its overall operating revenue fell by 4.6% to 16.66 trillion yen.
The company features mail delivery, banking, insurance and over-the-counter services divisions. While net profit rose for Japan Post Bank, profits fell for Japan Post Insurance Co. And Japan Post Service saw net losses. -- N.H.T.
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|Company||2011 Number of Employees|
|China National Petroleum||1,668,072|