Rank: 11 (Previous rank: N.A.)
CEO: Yoshifumi Nishikawa Employees: 233,400 Address: 1-3-2 Kasumigaseki Tokyo, 100-8798 Country: Japan Website: www.japanpost.jp 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)
|
...What Readers Say
They speak out on Japan Post Holdings and other 500 companies...
|
Company | 2008 Number of Employees |
---|---|
Wal-Mart Stores | 2,100,000 |
China National Petroleum | 1,618,393 |
State Grid | 1,537,000 |
Company | 2008 Profits ($ millions) |
---|---|
Exxon Mobil | $45,220 |
Gazprom | $29,864 |
Royal Dutch Shell | $26,277 |