Rank: 11 (Previous rank: N.A.)
CEO: Yoshifumi Nishikawa
Address: 1-3-2 Kasumigaseki
Japan Post Holdings is making its list debut at No. 11 -- no small feat. But take a closer look and you see that the impressive start is part of the Japanese government's orchestrated effort to privatize its 136-year-old postal service.
In 2007, the government split the state-run postal service into four companies -- including a life insurer and bank (savings accounts are available at post offices) -- under the umbrella of Japan Post Holdings. Promoted by former Prime Minister Junichiro Koizumi, the goal is to modernize facilities, then spin them off by 2017. Until then, it remains 100% owned by the Japanese government.
Industry: Insurance: Life, Health (stock)
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|Company||2008 Number of Employees|
|China National Petroleum||1,618,393|