Restrictions on the Scope of Operations and Deposit Limits under the Postal Service Privatization Act and Related Laws
First written in FY2017. 4 of 7 entries say "Mitigated", first in FY2019. Latest entry: FY2026.
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- FY2026MitigatedAnnual report
「JAPAN POST HOLDINGS Co.,Ltd. notified the Minister for Internal Affairs and Communications on 27 June 2025 that it had disposed of at least half of its shares in the Bank. Accordingly, approval procedures for new businesses have not been required since that date, and the regime has changed to a notification system (*).」
It reconfirms that, following the reduction of JAPAN POST HOLDINGS Co.,Ltd.'s ownership interest, the regime for new businesses has already changed from an approval system to a notification system. - FY2026-H1MitigatedAnnual report
「JAPAN POST HOLDINGS Co.,Ltd. notified the Minister for Internal Affairs and Communications on 27 June 2025 that it had disposed of at least half of its shares in the Bank. Accordingly, approval procedures for new businesses have not been required since that date, and the regime has changed to a notification system (*).」
Following the reduction of JAPAN POST HOLDINGS Co.,Ltd.'s ownership interest below 50%, the regime for new businesses changed from an approval system to a notification system. Some restrictions on the scope of business under the Postal Service Privatization Act were eased. - FY2025MitigatedAnnual report
「As a result, regulatory approval is no longer required to commence a new business. Instead, the Bank must notify the Prime Minister and the Minister for Internal Affairs and Communications that it will commence the new business and provide details of that business.」
JAPAN POST HOLDINGS Co.,Ltd.'s voting interest is expected to fall below 50%, and the new-business regulatory regime is expected to change from an approval system to a notification system. - FY2022-Q1RestatedAnnual report
「Meanwhile, the percentage of shares in the Bank held by JAPAN POST HOLDINGS Co.,Ltd. is one of the requirements for easing regulations imposed under the Postal Service Privatization Act that are not imposed on other banks. If JAPAN POST HOLDINGS Co.,Ltd. does not make an additional disposal of shares in the Bank, the easing of these regulations may not proceed as expected, and the Bank may not achieve greater management flexibility.」
The relationship between JAPAN POST HOLDINGS Co.,Ltd.'s disposal of shares and the scope of business, regulatory easing and management flexibility continues to be described. - FY2019MitigatedAnnual report
「Based on the Cabinet Order partially amending the Order for Enforcement of the Postal Service Privatization Act promulgated on 13 March 2019, the deposit limits changed as set out below, effective 1 April 2019, the date on which the amended order came into force.」
The deposit limits for ordinary deposits and time deposits were each set at ¥13 million, effective 1 April 2019. - FY2019-Q3Formalization of the deposit limit reviewAnnual report
「The limits for ordinary deposits and time deposits will be set separately, at ¥13 million each. The changes are targeted for implementation from April 2019.」
Following the views of the Postal Service Privatization Commission, a proposal was presented to review the deposit limits by setting the limits for ordinary deposits and time deposits at ¥13 million each, with implementation targeted for April 2019. - FY2017First statedAnnual report
「Compared with other banks, our management has limited freedom to expand our business and undertake other initiatives. In principle, we are also unable to make a bank our subsidiary or accept deposits from a single customer in excess of the deposit limit. Regulations under the Postal Service Privatization Act may affect our business, business strategy and management plan, including our growth strategy, as well as our operating results and financial condition.」
It states that the Postal Service Privatization Act imposes restrictions on business expansion, the ownership of subsidiaries, deposit limits and other matters, which could affect the growth strategy and management plan.