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词条 Postal service privatization
释义

  1. Germany

  2. Portugal

  3. Japan

  4. United Kingdom

  5. References

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Several countries have undergone or are in various stages of privatizing their national postal service:

Germany

  • Deutsche Post

Privatized in 2000. As of early 2005, 20% of outstanding shares were owned by the German government. In the finance community, Deutsche Post is often cited as a privatization success story for investors, although for German citizens, it has resulted in rate increases. Also, Deutsche Post lags far behind in efficiency—its carriers deliver less than a fifth of the mail volume than their counterparts in the USPS.

Portugal

  • CTT Correios de Portugal, S.A.

CTT has become a public limited company in 1991, and in December 2013 the shares were listed on Euronext Lisbon.[1]

Japan

  • Japan Post

Japan Post was created in April 1, 2003 as a government-owned corporation as their first step toward complete privatization of their postal system under the leadership of the pro-business conservative Liberal Democratic Party (Japan) whose party advocates smaller government and reducing the size of government debt.

On January 23, 2006, Japan Post Holdings Co.,Ltd. was created as the holding company of separate entities of the government-owned postal system including postal savings and insurance.

In 2007, a series of steps were taken for smooth transition of privatization.

On September 10, 2007, the Japanese Prime Minister authorized the start of complete privatization of Japan Post under a smooth transition plan.:

On September 28, 2007, all sales of postal services were halted temporarily

On September 30, 2007, all the ATMs for Japan Post Banking services were shut down and marked the end of government ran postal system in Japan.

On October 1, 2007, a new dawn of privatized postal corporation was begun with Japan Post Holdings, Co., Ltd. as the stock holding company of three new companies that day, Japan Post, Japan Post Bank, and Japan Post Insurance.

Further plans were in place to move to the second phase of privatization by selling off government-owned shares and IPO in the Tokyo Stock Exchange. However, the proposal faced fierce opposition by the opposition party coalition of the centre-left Social Democratic Party and the Democratic Party. These plans were put on hold in as the opposition won the Japanese general election, 2009 by running on the platform against the IPO of Japan Post. However, by the end of 2011, the popularity of the opposition party took a nosedive due to the poor government response to the 2011 Tōhoku earthquake and tsunami, and the conservative LDP won the parliamentary elections again in the Japanese general election, 2012. A complete reversal of public opinion regarding postal privatization ensued as the LDP moved forward with their former plans to IPO, with the promise of a portion of profits and proceeds from the first IPO will go to aid the victims and rebuilding of the Tohoku earthquake.

Japan Post began their IPO at the Tokyo Stock Exchange on November 4, 2015, and its stock surged 26% on what was noted to be the largest IPO offering in the Tokyo Stock Exchange at that time, with the Japanese government selling off their first round of shares, raising $11 billion for earthquake aid.[2] The second round of the Japanese government sold of additional $12 billion of shares in September 2017.[3]

The process of complete privatization of Japan Post is undergoing as the Japanese government continues to sell off their shares in subsequent sales [4] and privatization has led to more openness of bookkeeping, accounting methods and detailed fiscal result becoming readily accessible to the public through Japan Post's corporate profiles [5]

United Kingdom

  • Royal Mail

A first class stamp in Great Britain costs 60% more than a first class stamp in the United States.

References

1. ^{{cite web |url=http://www.ctt.pt/fectt/export/download/investidores/Offering_Memorandum.pdf |title=Archived copy |accessdate=2014-04-21 |deadurl=yes |archiveurl=https://web.archive.org/web/20140423042149/http://www.ctt.pt/fectt/export/download/investidores/Offering_Memorandum.pdf |archivedate=2014-04-23 |df= }}
2. ^https://www.bloomberg.com/news/articles/2015-11-04/japan-post-poised-to-jump-on-debut-after-year-s-biggest-ipo
3. ^https://www.reuters.com/article/us-japan-post-sharesale/japan-to-sell-12-billion-of-japan-post-holdings-growth-potential-under-scrutiny-idUSKCN1BM0V8
4. ^https://www.japanpost.jp/en/ir/stock/index09.html
5. ^https://www.japanpost.jp/en/ir/library/earnings/
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1 : Postal system

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