Announcement of the "Japan Post Group Medium-term Management Plan: New Japan Post Group Network Creation Plan 2017" formulated by the Japan Post Group
Japan Post Group has announced the "Japan Post Group Medium-term Management Plan: New Japan Post Group Network Creation Plan 2017" for the period from Fiscal Year 2016 to Fiscal Year 2018, starting from April 1, 2015 and ending on March 31, 2018. The plan is outlined below:
This Medium-term Management Plan, a revised version of the "Japan Post Group Medium-term Management Plan: New Japan Post Group Network Creation Plan 2016," which was published in February 2014, reflects the scheme for the stock listing of Japan Post Holdings and Japan Post Group's two financial companies as well as recent changes in the business environment and other factors.
The Plan remains based on the Group's three medium-term group management policy, which are as follows: "Bolstering the earning power of our three core businesses and strengthening the Group's business foundation," "Fulfilling our obligation to provide universal service," and "Enhancing our corporate value in anticipation of the Group's stock listing."
We, moreover, formulated the new Medium-term Management Plan to overcome the following new three challenges the Group is now facing: "Pursuing greater profitability"; "Improving productivity"; and "Corporate governance and the redistribution of profits to our customers appropriate for listed companies".
Please refer to the attached document for details.