Rank: 13 (Previous rank: 9)
CEO: Jiro Saito Employees: 237,000 Address: 1-3-2 Kasumigaseki Tokyo, 100-8798 Country: Japan Website: www.japanpost.jp 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. Subscribe to Fortune Magazine |
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Interactive: Where the money is
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| Company | 2011 Number of Employees |
|---|---|
| Wal-Mart Stores | 2,200,000 |
| China National Petroleum | 1,668,072 |
| State Grid | 1,583,000 |
| Company | 2011 Profits ($ millions) |
|---|---|
| Gazprom | $44,459.6 |
| Exxon Mobil | $41,060 |
| Industrial & Commercial Bank of China | $32,214.1 |
