"Japan Post Plans $4 Billion Sale of Shares in Japan Post Bank"
Japan Post Holdings is planning to sell shares in Japan Post Bank, which could total some 600 billion yen ($4.02 billion), according to two sources familiar with the matter. The sale would give Japan Post Bank more freedom to do business as restrictions intended to protect private companies would be relaxed. The move comes as corporate governance reforms are accelerating in Japan, with companies under pressure to increase free-float share ratios.
- The loosening of ties between Japan Post and its subsidiaries could have significant implications for the Japanese economy's reliance on state-backed enterprises.
- What role might government ownership stakes play in shaping Japan's corporate governance landscape beyond 2025?