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Kasumigaseki

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Kasumigaseki (霞が関, 霞ヶ関 or 霞ケ関) is a district in Chiyoda , Tokyo . Most government ministries are located in the neighbourhood, making its name a metonym for the Japanese bureaucracy , while Nagatachō refers to the elected government or legislative branch. It faces the Imperial Palace to the south, Hibiya Park to the east, and Nagatachō to the west.

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36-792: Japan Post Holdings has its headquarters in Kasumigaseki. Tokuyama Corporation has its headquarters in Kasumigaseki Common Gate West Tower and PricewaterhouseCoopers has offices on the 15th floor of the Kasumigaseki Building . Also in the Kasumigaseki Building has its headquarters the Lixil Group Corporation . At different points of time All Nippon Airways and Mitsui Chemicals had their headquarters in

72-594: A $ 20 million innovation center in Singapore to lead advancements in supply chain solutions. Toll provides logistics, transport and warehouse distribution solutions including: Toll is the first and only service provider to operate a fleet of Super B-doubles on a fixed route in Singapore and operates the Toll Helicopter ambulance rescue services in Australia. The Interstate Parcel Express Company (IPEC)

108-484: A 50% shareholding. In 1998 IPEC was purchased by Toll and rebranded Toll IPEC . In July 2007, Toll Holdings Limited acquired Victorian Express Pty Ltd which provided intrastate express freight services within Victoria. Toll Global Express was a logistics and transportation division of the group. In 2012 it had plans to extend its compressed natural gas -powered fleet to more than 70 trucks. In 2014 it announced

144-470: A 8 percent stake in internet conglomerate Rakuten . Japan Post Holdings has been led by a President and CEO - both roles being held by the same executive - since the company's founding in 2006. The group operates via four main divisions: Privatization of the postal system in Japan was first considered in the 1980s under Prime Minister Nakasone , who, amid concerns about the government deficit , oversaw

180-692: A Dubai-based international freight forwarding company. In 2010 Toll acquired United States freight forwarder Summit Logistics. In 2010 they acquired WT SeaAir and Genesis Forwarding. The acquisitions added significant scale to the Toll Global Forwarding division in Europe. In 2011 Toll acquired SAT Albatros (SAT), a Dubai-based provider of sea-air services. By 2014, Toll had 40,000 team members across 1,200 locations in more than 50 countries, and annual revenue of A$ 6.5 billion. On 18 February 2015, Toll's Board announced that it had accepted

216-403: A commission to examine privatization of the postal system's businesses and in 2002 a package of four bills was passed which established Japan Post as a public corporation. In the following year, he was reelected with a promise to privatize the postal system. In 2004, Koizumi's government announced an ambitious ten-year plan for splitting Japan Post into several privatized entities by 2017. In 2005,

252-419: A framework for a preparation phase, a ten-year transition phase that was revised to start on October 1, 2007, and a post-privatization phase to organize the companies into their final forms. A Cabinet-level Postal Privatization Headquarters would be established to develop and implementation plan to manage privatization and divide the resources of Japan Post between the successor companies. Japan Post Holdings

288-648: A logistics and global freight forwarding network spanning 150 countries, with over 20,000 customers. Toll has more than 16,000 team members across 500 sites. Toll Holdings Pty Limited (also referred to as Toll Group) is an Australian registered company, 100% owned by Japan Post Co., Ltd, which is 100% owned by Japan Post Holdings Co., Ltd which is listed on the Tokyo Stock Exchange. Albert Toll established Toll in Newcastle, Australia, in 1888. The business began by moving coal with horse and cart, and by

324-575: A multi-story logistics facility in Singapore in 2017. In 2020, Toll divested its logistics business in the United States, maintaining its freight forwarding operations; and on 1 September 2021, the Toll Global Express business in Australia and New Zealand was sold to Allegro Funds and rebranded Team Global Express . In 2023, Toll acquired a business in Australia, ASQ, an operator of uncrewed aircraft systems (drone), and became

360-688: A proposal from Japan Post to acquire all of Toll's shares. Japan Post was looking to Toll to grow its global logistics operations and expansion across Asia. On 13 May 2015, Toll shareholders voted in favour of the acquisition. On 28 May 2015, Toll formally became a division of Japan Post. Toll remained headquartered in Melbourne and retained the Toll brand in Australia and around the world. Toll continued to grow in Asia, investing AU$ 228 million in Toll City,

396-420: A range of industries including retail and consumer, grocery, healthcare, automotive, industrial, energy, government and defence. The company operates 500 plus warehouse facilities and a transportation fleet of more than 44,000 vehicles, vessels, plant and equipment. Toll specialises in customised supply chain solutions, supported by innovation centre control tower systems across the region. In 2022, Toll opened

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432-517: A ¥40bn ($ 360m) loss for its first full financial year as a listed company , due to losses from Toll Group , which it controversially acquired in 2015. In September 2017, the Japanese government announced its sale of $ 12 billion worth of Japan Post Holdings Co. Ltd. stock. It was the first sale since the 2015 IPO of the postal company and its two units, Japan Post Bank Co. Ltd. and Japan Post Insurance Co. Ltd.. That sale also raised $ 12 billion, which

468-570: Is also a constituent of the Nikkei 225 and TOPIX Large70 indices. The company was founded on 23 January 2006, although it was not until October 2007 that it took over the functions of Japan Post . There were plans to fully privatize the company, but were subsequently put on hold. As of 2013 , it ranked thirteenth in the Fortune Global 500 list of the world's largest companies. On April 25, 2017, Japan Post Holdings said it would have

504-507: Is one of the largest freight forwarders on the Asia to Australia, New Zealand, and USA corridors. In 2023, Toll Global Forwarding managed around 500,000 air and ocean freight shipments. Toll provides warehousing and transportation contract logistics across the Asia Pacific region, including Australia, Singapore, Malaysia, Indonesia, Vietnam, Thailand, India, China, Taiwan and Korea. Toll provides end-to-end supply chain services for

540-582: Is the zoned elementary of Kasumigaseki 1-3 chōme . There is a freedom of choice system for junior high schools in Chiyoda Ward, and so there are no specific junior high school zones. The current official spelling of the district's name is 霞が関 , with が in hiragana; before 1967, it was spelled 霞ヶ関 , with a small ヶ. The name of the Tokyo Metro station is spelled " 霞ケ関 ", with a large ケ. All three spellings can still be found by various institutions in

576-725: The Two Airlines Policy using a chartered Air Express Holdings Bristol Freighter , where it connected with trucks to Melbourne. IPEC had already purchased a Douglas DC-4 in England, however the Federal Government would not allow it into Australia. The Cowra service ceased in 1967. In 1977 IPEC imported two Argosys followed by a further two in 1978. In 1979, IPEC commenced operating services between Melbourne, Sydney and Brisbane using chartered East-West Airlines Fokker F27 Friendships . A Douglas DC-9

612-583: The Indian Sub-Continent. In this period, Toll acquired ST Logistics, a standalone subsidiary business in Singapore, which supports the Singapore Government with logistics in healthcare, defence, and homeland security. In 2008 Toll acquired BALtrans Logistics. In 2009 Toll acquired Express Logistics Group, one of New Zealand's largest freight forwarding companies. In the same year Toll acquired Logistic Distribution Systems (LDS),

648-504: The Kasumigaseki Building. In July 1978, when Nippon Cargo Airlines first began, it operated within a single room inside All Nippon Airways 's space in the Kasumigaseki Building. At one time Cantor Fitzgerald had an office in the Toranomon Mitsui Building in Kasumigaseki. Chiyoda Board of Education  [ ja ] operates public elementary and junior high schools. Kōjimachi Elementary School (千代田区立麹町小学校)

684-715: The area. 35°40′31″N 139°45′11″E  /  35.675173°N 139.752999°E  / 35.675173; 139.752999 Japan Post Holdings Japan Post Holdings Co., Ltd. ( 日本郵政株式会社 , Nippon Yūsei kabushiki gaisha ) is a Japanese publicly traded conglomerate headquartered in Kasumigaseki , Chiyoda , Tokyo . It is mainly engaged in postal and logistics business, financial window business, banking business and life insurance business. The company offers letters and goods transportation services, stamp sales, deposits, loans, and insurance products. On November 4, 2015, Japan Post Holding ( TYO : 6178 )

720-468: The fiscal year which ended in March 2021. On October 6, 2021, the final stage of a difficult privatisation process which had begun in 2005 was completed after with the sale of a $ 9 billion tranche of shares. This accounted for up to $ 1.03 billion of its shares in the business. However, the Japanese government still holds the largest share of stock in the company. Toll Group Toll Group operates

756-412: The government to maintain indefinite control over Japan Post Holdings by stipulating a minimum of one-third shares to be owned by the government and removing targets for shares sold in the banking and insurance services units. In late 2012, incoming Prime Minister Shinzo Abe reemphasized progress towards privatization as part of his Abenomics plan for economic reform and growth. It was also hoped that

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792-1025: The majority shareholder in its joint venture in Dubai, CWT-SML. Today, Toll has dual headquarters in Melbourne and Singapore, with contract logistics operations across the Asia Pacific and a global freight forwarding business. In 2023, the company had 10,00 team members globally, 20,000 customers, and revenue of AU5.6 billion. In October 2024, Pel-Air was purchased from Regional Express Holdings . Toll provides international freight forwarding and supply chain management services that range from airport-to-(air)port and door-to-door freight forwarding movements to complex supply chain services and project movements involving over-dimensional, out-of-gauge, and heavy haulage cargo. Headquartered in Singapore, Toll Global Forwarding operates in four regions: Australia and New Zealand; Asia; Europe, Middle East, and Africa; and North America. It has 90 sites in 28 markets which, combined with an agent network, services more than 150 markets. It

828-416: The mid-1980s, Toll-Chadwick had evolved into one of Australia’s most significant transport companies, operating beyond the nation’s capital cities. Toll was purchased by its management team in 1986 by Toll’s first Chairman, Peter Rowsthorn and Toll’s Managing Director at the time, Paul Little. The duo developed the business through acquiring modest, strategically located transport companies. In 1993, Toll

864-520: The original plan. At the end of 2019, the government had a 57% ownership stake in Japan Post Holdings, which still owns 90% of Japan Post Bank and Japan Post Insurance. In April 2021, Japan Post Holdings agreed to sell part of its unprofitable Australian logistics company Toll Holdings for only 7.8 million Australian dollars. The offer was accepted despite the fact that Toll Holdings had lost 67.4 billion yen, or roughly $ 624 million, for

900-479: The postal system. Benefits of privatization that were touted by supporters included efficiency of the financial sector, reducing political influence in the use of postal savings, and reducing bureaucratic mismanagement of funds. Detractors, including the postal lobby were concerned that privatization would shrink the universal availability of postal services in Japan, losing to job losses and the closing of rural post offices. Prime Minister Koizumi quickly established

936-702: The privatization of three major public corporations: the Japanese National Railways , Nippon Telegraph and Telephone (NTT) , and Japan Tobacco . These discussions did not proceed, and in 1997 the issue of privatizing Japan Post Bank specifically was raised again under Prime Minister Hashimoto . This time, opposition from within the ruling and opposition parties resulted only in reforms aimed at improving financial discipline that fell short of actual privatization. In 2001, during an economic downturn in Japan, LDP politician Junichiro Koizumi took office with significant public support to privatize

972-493: The resulting package of six privatization bills was defeated in the upper house of the Japanese Diet , and Koizumi called a snap election focused on postal privatization. He won the election in a landslide, receiving a public mandate for his privatization plans and defeating members of his own party who were opposed. The privatization package passed a few weeks later. The Postal Privatization Law passed in 2005 laid out

1008-570: The sale of shares could raise funds for rebuilding after the Great East Japan Earthquake . One result was the expediting of the IPO process for Japan Post companies. In 2015, a triple IPO was conducted where Japan Post Holdings, Japan Post Bank and Japan Post Insurance each had about 10% of their shares offered for sale in the Tokyo Stock Exchange for the first time. Privatization is ongoing slowly, having already fallen short of

1044-483: The sale were to be used to reduce government debt. The plan for privatization did not proceed smoothly, and after having been subject to a variety of external factors that still continues to this day. In 2009, the Democratic Party of Japan took power and halted the initial public offering for Japan Post companies. In 2012, the administration went further in blunting some aspects of privatization, allowing

1080-526: The time of Albert's death at 95 in 1958, Toll was running a range of fleet trucks from five different locations. National Minerals purchased the business in 1959. It then became a part of mining conglomerate Peko Wallsend a decade later. Peko Wallsend utilised the Toll transport business for all its transporting needs, making Toll a popular domestic carrier across the country. The business changed name to Toll-Chadwick when its new owners wanted to blend their businesses and start using containerised shipping. By

1116-580: Was established in January 1954 and operated two Peugeot utility vehicles on express parcel services from Adelaide to Melbourne . By 1968 it was operating in all Australian capital cities. In 1963, IPEC commenced operating interstate air freight services from Melbourne to Launceston service commencing with Douglas DC-3s chartered from Brain & Brown operating three services per night. In 1966 IPEC began operating another interstate air freight service between Brisbane and Cowra that contravened

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1152-653: Was listed on the Australian Securities Exchange . After its listing on the ASX, Toll progressively built its reach and service capabilities via a program of strategic acquisitions. In the process, Toll expanded its operations in logistics and freight forwarding across the Asia-Pacific region. Toll’s acquisition of SembCorp Logistics (SembLog) in 2006 significantly increased Toll’s market presence and reach across South East Asia, Greater China and

1188-553: Was listed on the Tokyo Stock Exchange as part of a "triple IPO" ( initial public offering ) with shares offered as well in Japan Post Bank ( TYO : 7182 ) and Japan Post Insurance ( TYO : 7181 ). About 10% of the shares in each company were offered. In October 2021, the Japanese government abandoned its majority ownership of the company, while also still maintaining the most stock. Japan Post Holdings

1224-516: Was purchased in 1982. In October 1979, IPEC purchased British freight company Sayer Transport Group. In December 1980 it purchased Skypack International with operations in 26 countries. IPEC owned the Angus & Robertson publishing business until selling it to News Corporation in May 1981. In 1983 Skypack International was sold to Thomas Nationwide Transport . In 1983 Mayne Nickless purchased

1260-405: Was to start as a state-owned holding company for Japan Post Bank , Japan Post Insurance , Japan Post Network , and Japan Post Service and gradually sell off its shares through 2017. The original plan was for the government to retain about a one-third ownership share of Japan Post Holdings, and for Japan Post Holdings to sell all its shares in its banking and insurance subsidiaries. Proceeds from

1296-598: Was used for the repair and reconstruction of places that were destroyed by an earthquake and tsunami in 2011. In December 2019, the heads of Japan Post Holdings announced that they will resign over the improper sales of insurance policies, after the regulator announced administrative punishments against the companies. The company said that Hiroya Masuda , a former minister of Internal Affairs and Communications, has been appointed as successor to current CEO Masatsugu Nagato. In March 2021, Japan Post Holdings announced that it would invest 150 billion yen or US$ 1.38 billion and take

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