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Position within Japan Post group
Life insurance business, carried out by Japan Post Insurance, is one of the three main businesses of Japan Post Group.
In view of its universal service obligation, Japan Post Holdings aims to dispose of its entire equity interest in Japan Post Insurance and Japan Post Bank as soon as possible, in accordance with the Postal Service Privatization Act.
Universal Service Obligations
Under the Postal Service Privatization Act, Japan Post Holdings and Japan Post Co. are obligated to provide universal services, which include providing mail services and certain banking and life insurance services through Japan Post Co.’s post office network in a manner that preserves equal and convenient access to such services across Japan.