Our annual ranking of the world's largest corporations

13 of 500
13. Japan Post Holdings
Japan Post Holdings
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.

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  $ millions % change from 2010
Revenues 211,018.9 3.5
Profits 5,938.8 21.4
Assets 3,550,395.7 --
Stockholders' equity 120,879.1 --
Profits as % of  
Revenues 2.8
Assets 0.1673
From the July 23, 2012 issue
Government owned 50% or more.
Figures are for fiscal year ended March 31, 2012.
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Rank # of Global 500 Companies
U.S. 132
China 73
Japan 68
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
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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