Japan Post marked its first anniversary with an air of satisfaction Thursday because its biggest management target over the past year -- eliminating a deficit in mail delivery operations -- has probably been met.
The state-run corporation was created April 1, 2003, to take over the governmental Postal Services Agency's mail delivery, postal savings and "kampo" life insurance services.
Japan Post President Masaharu Ikuta told a news conference in March the entity was likely to register profits in all three business fields in fiscal 2003.