Japan Post intends to promote companies listed at the same time

According to Japan's "Daily News" reported, Japan post is on target for the spring of 2015, stock listing plan. Then, under the banner of the postal savings bank and simple life insurance two financial companies will also be listed. Japan Post said, as soon as possible to improve the profitability of listed group indispensable. The parent company and the subsidiary company is also listed as Japan Post, considering two financial subsidiaries listed to promote development of postal reform.
The Japanese government to hold all the shares of Japan post. At the same time, the Japan Post and respectively hold two financial companies and Japanese postal company 100% of the shares. In the trans Pacific Partnership Agreement (TPP) of the Japan US agreement in advance, America said Japanese government hold all the shares of Japan Post worry.
Announced in October last year, Japan Post listing plan, a policy studies two financial subsidiary stock sales to sell shares after more than half of Japan post. In June this year President Nishimuro Yasumi president said, through financial subsidiaries listed can more effectively promote the development of postal privatization. Therefore, to modify the program instructions.
The net assets of Japan Post 2013 March period of 12.44 trillion yen. If the sale of government shares held by the 2/3, there will be approximately 7 trillion yen into the Treasury, which will be listed alongside NTT's Department of government enterprise.
Japan Post in February next year before making new listing plan, a pressing matter of the moment is to coordinate with finance department, Ministry of finance.
MYEX Minya Express International
2013-12-12