Will there be any changes in services at post offices under the just-started 10-year process of privatizing the postal system?

There may be few big changes in the initial stage. But individual investors will at least have to rethink where they should put their money because privatization deprives postal savings of the myth of safety backed by the government, analysts say.

Japan Post, the public postal service company, was split Monday into four firms under a holding company as the first step in the privatization process. The four units are in charge of mail delivery, postal savings, insurance and over-the-counter services.