The LDP has drafted its Postal Service reform proposal, and having been developed by a committee, the thing appears to have fallen prey to all-things-to-all-people syndrome:

Having duly recorded the multiplicity of opinions [Gulp!–SRK], ranging from the argument that the current single-agent handling of mails, postal savings, and insurance functions should be maintained to opposition to privatization in its entirety, the committee hammered out a proposal in which post offices will be arranged as they are currently and will be uniformly charged with providing postal savings and insurance services nationwide. Mindful of opposing voices within the party, the committee also decided to forgo the use of the word privatization in the proposal.

Later in the (brief, as yet) report, the Nikkei explains that “the summary of points for debate released by the committee last month was predicated on privatization; however, because opposition within the party was so strong, the committee retreated into the wording ‘postal reform,’ which does not imply that the organization will be split into separate corporations or changed in other specific ways.” So we’re not privatizing the thing, just…rearranging it. Somehow. How, exactly, we’ll tell you later.



The plan to priva…ACK!…reform Japan Post has been dragging out for a while now, and with this latest development, painful but necessary changes to its operations don’t look as if they’re going to be coming any time soon. Good thing much of the household wealth of the country doesn’t hang in the balance, or anything!

This entry was posted on Friday, December 17th, 2004 at 10:58 and is filed under Japan Post, misc. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.