Japan Postal Agency
was a Japanese statutory corporation that existed from 2003 to 2007, offering postal and package delivery services, banking services, and life insurance. It's the nation's largest employer, with over 400,000 employees, and runs 24,700 post offices throughout Japan. One third of all Japanese government employees work for Japan Post. As of 2005, the President of the company was Masaharu Ikuta, formerly Chairman of Mitsui O.S.K. Lines Ltd. Japan Post ran the world's largest postal savings system and is often said to be the largest holder of personal savings in the world: with ¥224 trillion ($2.1 trillion) of household assets in its ''yū-cho'' savings accounts, and ¥126 trillion ($1.2 trillion) of household assets in its ''kampo'' life insurance services; its holdings account for 25 percent of household assets in Japan. Japan Post also holds about ¥140 trillion (one fifth) of the Japanese national debt in the form of government bonds. On October 1, 2007, Japan Post was p ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Japan Post Logo
Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north toward the East China Sea, Philippine Sea, and Taiwan in the south. Japan is a part of the Ring of Fire, and spans an archipelago of 6852 islands covering ; the five main islands are Hokkaido, Honshu (the "mainland"), Shikoku, Kyushu, and Okinawa. Tokyo is the nation's capital and largest city, followed by Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kobe, and Kyoto. Japan is the eleventh most populous country in the world, as well as one of the most densely populated and urbanized. About three-fourths of the country's terrain is mountainous, concentrating its population of 123.2 million on narrow coastal plains. Japan is divided into 47 administrative prefectures and eight traditional regions. The Greater Tokyo Area is the most po ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Masaharu Ikuta
is a Japanese businessman from Kobe. He graduated from Keio University in 1957. He was the former CEO of Mitsui O.S.K. Lines, and served as the president of the Japan Postal Agency 2003 to March 2007. He was named the honorary consul to the Republic of Mauritius in 2002, and he is a member of the Trilateral Commission The Trilateral Commission is a nongovernmental international organization aimed at fostering closer cooperation between Japan, Western Europe and North America. It was founded in July 1973 principally by American banker and philanthropist David .... since 1998 he served as an independent non-executive director of Dah Sing Financial Holdings Ltd. References 1935 births Japan Post Holdings Japanese chief executives Keio University alumni Living people People from Kobe {{Japan-business-bio-stub ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Liberal Democratic Party (Japan)
The , frequently abbreviated to LDP or , is a conservativeThe Liberal Democratic Party is widely described as conservative: * * * * * List of political parties in Japan, political party in Japan. The LDP has been in power almost continuously since its foundation in 1955—a period called the 1955 System—except between 1993 and 1994, and again from 2009 to 2012. In the 2012 Japanese general election, 2012 election, it regained control of the government. After the 2021 Japanese general election, 2021 and 2022 Japanese House of Councillors election, 2022 elections it holds 261 seats in the House of Representatives (Japan), House of Representatives and 119 seats in the House of Councillors (Japan), House of Councillors, and in coalition with Komeito since 1999, a governing majority in both houses. The LDP is often described as a big tent conservative party, with several different ideological factions. The party's history and internal composition have been characterized by intense ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Junichiro Koizumi
Junichiro Koizumi (; , ''Koizumi Jun'ichirō'' ; born 8 January 1942) is a former Japanese politician who was Prime Minister of Japan and President of the Liberal Democratic Party (LDP) from 2001 to 2006. He retired from politics in 2009. He is the sixth-longest serving Prime Minister in Japanese history. Widely seen as a maverick leader of the LDP upon his election to the position in 2001, he became known as a neoliberal economic reformer, focusing on reducing Japan's government debt and the privatisation of its postal service. In the 2005 election, Koizumi led the LDP to win one of the largest parliamentary majorities in modern Japanese history. Koizumi also attracted international attention through his deployment of the Japan Self-Defense Forces to Iraq, and through his visits to the Yasukuni Shrine that fueled diplomatic tensions with neighbouring China and South Korea. Koizumi resigned as Prime Minister in 2006. Although Koizumi maintained a low profile for several years ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Prime Minister Of Japan
The prime minister of Japan (Japanese: 内閣総理大臣, Hepburn: ''Naikaku Sōri-Daijin'') is the head of government of Japan. The prime minister chairs the Cabinet of Japan and has the ability to select and dismiss its Ministers of State. The prime minister also serves as the civilian commander-in-chief of the Japan Self Defence Forces and as a sitting member of the House of Representatives. The individual is appointed by the emperor of Japan after being nominated by the National Diet and must retain the nomination of the lower house and answer to parliament to remain in office. The position and nature of this title allow the holder to reside in and work at the Prime Minister's Official Residence in Nagatacho, Chiyoda, Tokyo, close to the National Diet Building. Fumio Kishida is the current prime minister of Japan, replacing Yoshihide Suga on 4 October 2021. As of , there have been 102 prime ministers. Designation Abbreviations In Japanese, due to the special ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Privatization
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2011 Tōhoku Earthquake And Tsunami
The occurred at 14:46 JST (05:46 UTC) on 11 March. The magnitude 9.0–9.1 (M) undersea megathrust earthquake had an epicenter in the Pacific Ocean, east of the Oshika Peninsula of the Tōhoku region, and lasted approximately six minutes, causing a tsunami. It is sometimes known in Japan as the , among other names. The disaster is often referred to in both Japanese and English as simply 3.11 (read in Japanese). It was the most powerful earthquake ever recorded in Japan, and the fourth most powerful earthquake in the world since modern record-keeping began in 1900. The earthquake triggered powerful tsunami waves that may have reached heights of up to in Miyako in Tōhoku's Iwate Prefecture,Yomiuri Shimbun evening edition 2-11-04-15 page 15, nearby Aneyoshi fishery port (姉吉漁港)(Google map E39 31 57.8, N 142 3 7.6) 2011-04-15大震災の津波、宮古で38.9 m…明治三陸上回るby okayasu Akio (岡安 章夫) and which, in the Sendai area, traveled at a ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Money
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment. Money was historically an emergent market phenomenon that possess intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar. Contexts which erode public confidence, such as the circulation of counterfeit money or domestic hyperinflation, can cause good money to lose its value. ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Government
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The major types of political systems in the modern era are democracies, monarchies, and authoritarian and totalitarian regimes. Historically prevalent forms of government include monarchy, aristocracy, timocracy, oligarchy, democracy, theocracy, and tyranny. These forms are not always mutually exclusive, and mixed govern ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ministry Of Finance (Japan)
The is one of the cabinet-level ministries of the Japanese government. The ministry was named the until 2001. The Ministry is headed by the , who is a member of the Cabinet and is typically chosen from members of the Diet by the Prime Minister. Overview The Ministry originated in the 6th century, when the was established as a state treasury in ancient Japan. When a modern system of government was introduced after the Meiji Restoration, the was established as a government body in charge of public finance and monetary affairs. It is said that new ministry employees are subtly reminded that the Ōkura-shō predates by some 1269 years when the new Constitution was imposed on the nation by the U.S. occupation forces in 1947. The Ministry has long been regarded as the most powerful ministry in the Japanese government. After various financial scandals revealed in the 1990s, however, the Ministry lost its power over banking supervision to a newly established Financial Services Ag ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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2005 Japan General Election
General elections were held in Japan on 11 September 2005 for all 480 seats of the House of Representatives of Japan, the lower house of the Diet of Japan, almost two years before the end of the term taken from the last election in 2003. Prime Minister Junichiro Koizumi called the election after bills to privatize Japan Post were voted down in the upper house (which cannot be dissolved), despite strong opposition within his own Liberal Democratic Party (Japan) (LDP). The election handed a landslide victory to Koizumi's LDP, with the party winning 296 seats, the largest share in postwar politics and the first time the LDP had won an overall majority on its own in the House of Representatives since 1990. With its partner, New Komeito, the governing coalition then commanded a two-thirds majority in the lower house, allowing them to pass legislative bills over the objections of the upper house and (though the government did not attempt this) to approve amendments to the Constitution ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Postal Service Privatization
Several countries have undergone or are in various stages of privatizing their national postal service: Germany * Deutsche Post :Privatized in 2000. As of early 2005, 20% of outstanding shares were owned by the German government through the KfW-Bankengruppe. Portugal * CTT Correios de Portugal, S.A. :CTT has become a public limited company in 1991, and in December 2013 the shares were listed on Euronext Lisbon. Japan * Japan Post :Japan Post was created in April 1, 2003 as a government-owned corporation as their first step toward complete privatization of their postal system under the leadership of the pro-business conservative Liberal Democratic Party (Japan) whose party advocates smaller government and reducing the size of government debt. :On January 23, 2006, Japan Post Holdings Co., Ltd. was created as the holding company of separate entities of the government-owned postal system including postal savings and insurance. :In 2007, a series of steps were taken for smo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |