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6. Japan Post Holdings
Japan Post Holdings
Rank: 6 (Previous rank: 11)
CEO: Jiro Saito
Employees: 229,134
Address: 1-3-2 Kasumigaseki
Tokyo  100-8798
Country: Japan
Website: www.japanpost.jp
Japan Post Holdings Co. climbed five notches on our list, despite a turbulent 2009: Japanís new government scrapped plans to privatize the agency that combines mail delivery with banking and insurance services. In 2007, a previous administration split Japan Post into four parts -- banking, insurance, mail delivery and over-the-counter-services -- to make it easier to sell to private hands by 2017. But the new administration scaled the plan back as part of an effort to stem privatization and also dropped a proposed public offering.

It remains to be seen what Japanís leadership has in store for Japan Post (the nation has had five prime ministers in three years). The current government wants to expand the agencyís financial services menu, but private banks and insurance companies, who fear it could distort competition, are crying foul.

-- N.T.

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Is Japan Post Holdings a great company, or what?
  $ millions % change from 2008
Revenues 202,196.1 1.8
Profits 4,849.0 15.2
Assets 3,196,010.7 --
Stockholders' equity 98,087.6 --
Profits as % of  
Revenues 2.4
Assets 0.2
From the July 26, 2010 issue
Government owned 50% or more.
Figures are for fiscal year ended March 31, 2010.
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Rank # of Global 500 Companies
U.S. 139
Japan 71
China 46
Company 2009 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,649,992
State Grid 1,533,800
Company 2009 Profits
($ millions)
Gazprom $24,556
Exxon Mobil $19,280
Industrial & Commercial Bank of China $18,832
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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