Japan Post will leverage its nationwide network of 24,000 post offices to expand contracts with local governments for administrative services such as issuing resident certificates. From next fiscal year, approximately 65 billion yen in national government subsidies will be allocated annually to maintain the post office network, and the revised Postal Privatization Law has designated the provision of public services as a core business of Japan Post. Japan Post aims to secure contracts with 600 municipalities by fiscal 2028. In Niimi City, Okayama Prefecture, the citizen center counter has been abolished and services entrusted to four post offices, while in Beppu City, Oita Prefecture, Japan Post has been selected as the designated manager of a public hall and will relocate a post office there. The mail and logistics business has posted an operating loss for three consecutive years, and with the two financial companies supporting performance, there is an urgent need to establish a sustainable management foundation that does not rely on state funds.
JAPAN POST HOLDINGS Co., Ltd.Japan Post expands contracts with local governments for administrative services, securing new revenue streams from 600 municipalities by 2028.