13 of 500
Japan Post Holdings
Japan Post Holdings
13
Rank: 13
Previous rank: 13
CEO: Taizo Nishimuro
Employees: 209,000

State-owned Japan Post Holdings operates in postal, banking, and insurance services. New president Taizo Nishimuro, appointed in June, is focused on getting the company to the public market ahead of the October 2015 IPO target it had set.

With the widespread use of email and low interest rates, the company faces the tough task of improving operational performance that recorded a net operating loss in FY 2011. The company is looking to expand its same-day delivery service and complete the merger of Japan Post Service and Japan Post Network to gain crucial operational efficiency and improve its bottom-line ahead of its IPO.

Headquarters:
1-3-2 Kasumigaseki
Tokyo. 100-8798
Japan
81-3-3504-4411
Website: www.japanpost.jp
Key financials
$ millions
% change from 2011
Revenues
190,859
-9.6
Profits
6,777
14.1
Assets
3,115,883
Stockholder's equity
112,032
Profits as % of
Revenues
3.6
Assets
0.2
From the July 22, 2013 issue

Notes:
Government owned 50% or more.
Figures are for fiscal year ended March 31, 2013.
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Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2013. All companies on the list must publish financial data and report part or all of their figures to a government agency. Figures are as reported, and comparisons are with the prior year’s figures as originally reported for that year. Fortune does not restate the prior year’s figures for changes in accounting. More
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