• Kyodo News


Internal Affairs and Communications Minister Kazuhiro Haraguchi revealed a plan Friday to reorganize the Japan Post group through a merger between group companies in a move seen as a regression in postal privatization.

Streamlining of the group structure would be centered on a merger between state-owned Japan Post Holdings Co., the holding company for the group, struggling mail and parcel delivery unit Japan Post Service Co. and post office operator Japan Post Network Co., according to Haraguchi.

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