Founded in 2006 and headquartered in Tokyo, Japan Post Holdings handles the management strategy of its group companies that provides postal, banking, and insurance services.
It operates through the following segments: Postal Logistics, Banking and Finance, Life Insurance, and others segment that includes accommodation and hospital businesses. The subsidiaries of the parent group are strongly inter-connected in such a way that the Postal Logistics, and Finance segments are supported by Japan Post Co Ltd.
Banking services are offered by the other main subsidiary Japan Post Bank Co, Ltd Life Insurance segment services being linked to Japan Post Insurance Co, Ltd.
After the Japan Post divestment and entry into other allied sectors like banking and insurance under the parent company, the company made profits and efficient utilization of manpower and other resources. Within a decade of divestment and diversification, it has been ranked #13 among the fortune 500 companies. The company holds a revenue of $129.68 billion and a profit of $4.39 billion in the financial year ending 2015.
Japan Post Holdings’ customer centricity with the aid of modern technology and applications has helped the company focus on delivering the services in a safe, reliable, and convenient manner keeping in mind the motto of refining the delivery process, continuous growth and connectivity to the last mile. It has a vast network of 24,511 post offices all over the world and with a backbone infrastructure of this kind that assists in transforming them from a postal service company to a universal bank providing a vast array of services ranging from postal services to insurance and a lot many products of customers interest in between.