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Saka becomes new Japan Post Holdings president

TOKYO, Japan - Japan Post Holdings Co. Deputy President Atsuo Saka speaks at a press conference in Tokyo on Dec. 19, 2012, after the company decided the same day to promote him to president, replacing Jiro Saito.

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Saka becomes new Japan Post Holdings president

TOKYO, Japan - Japan Post Holdings Co. Deputy President Atsuo Saka (R) speaks at a press conference in Tokyo on Dec. 19, 2012, after the company decided the same day to promote him to president, replacing Jiro Saito (L).

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Japan Postal union demands passage of postal reform bill

CHIBA, Japan - Japan Post Holdings Co. President Jiro Saito (R) and Japanese Trade Union Confederation President Nobuaki Koga attend a national convention of the Japan Postal Group Union in the city of Chiba on June 9, 2010. The postal union called for the enactment of the postal reform bill to scale back postal privatization during the current Diet session.

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JP to make 65,000 nonregular employees into full-time workers

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito speaks about the company's plan to award regular-worker status to some 65,000 of 200,000 nonregular employees during a press conference in Tokyo on May 7, 2010. Saito said the plan is aimed at helping to stabilize employment in line with a bill to scale back the planned privatization of state-backed postal services.

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Gov't approves Japan Post's plan for FY 2010

TOKYO, Japan - Internal Affairs and Communications Minister Kazuhiro Haraguchi (L) hands over to state-owned Japan Post Holdings Co. President Jiro Saito documents authorizing Japan Post's business plan for fiscal 2010, on March 31, 2010, at the Internal Affairs and Communications Ministry in Tokyo. Japan Post plans to report falls in both revenue and net profit in fiscal 2010.

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New Year's card delivery starts

TOKYO, Japan - Communications minister Kazuhiro Haraguchi (R) and Japan Post Holdings Co. President Jiro Saito (L) attend an annual ceremony to start the delivery of nearly 2.1 billion New Year's cards nationwide at a post office in Tokyo's Nihombashi district Jan. 1, 2010.

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Japan Post chief speaks at press conference

TOKYO, Japan - Jiro Saito, president of Japan Post Holdings Co., speaks at a press conference at the company's head office in Tokyo on Nov. 27, 2009. Saito said the state-owned postal and financial group needs to review its fund management portfolio.

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Saito formally becomes Japan Post head

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito (R) shakes hands with internal affairs minister Kazuhiro Haraguchi at the Ministry of Internal Affairs and Communications in Tokyo on Oct. 28, 2009. Saito formally assumed the post the same day.

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Saito formally becomes Japan Post head

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito speaks at a press conference at the company's head office in Tokyo on Oct. 28, 2009. Saito formally assumed the post the same day.

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Saito formally becomes Japan Post head

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito speaks at a press conference at the company's head office in Tokyo on Oct. 28, 2009. Saito formally assumed the post the same day.

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Saito formally becomes Japan Post head

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito (R) shakes hands with internal affairs minister Kazuhiro Haraguchi at the Ministry of Internal Affairs and Communications in Tokyo on Oct. 28, 2009. Saito formally assumed the post the same day.

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Saito formally becomes Japan Post head

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito (R) shakes hands with internal affairs minister Kazuhiro Haraguchi at the Ministry of Internal Affairs and Communications in Tokyo on Oct. 28, 2009. Saito formally assumed the post the same day.

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Ex-Vice Finance Minister Saito tapped as Japan Post chief

TOKYO, Japan - Former Vice Finance Minister Jiro Saito, who has been picked as Japan Post Holdings Co. president to succeed Yoshifumi Nishikawa, speaks during a news conference in Tokyo on Oct. 21.

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Kamei taps former vice finance minister Saito to succeed Nishikawa

TOKYO, Japan - Shizuka Kamei, state minister in charge of postal reform, speaks during a press conference at the Financial Services Agency on Oct. 21, 2009, saying he will appoint former Vice Finance Minister Jiro Saito as Japan Post Holdings Co. president to succeed Yoshifumi Nishikawa.

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Vice finance minister Saito to succeed Nishikawa

TOKYO, Japan - File photo shows portrait of former Vice Finance Minister Jiro Saito who is appointed as Japan Post Holdings Co. president to succeed Yoshifumi Nishikawa.

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Japan Postal union demands passage of postal reform bill

CHIBA, Japan - Japan Post Holdings Co. President Jiro Saito (R) and Japanese Trade Union Confederation President Nobuaki Koga attend a national convention of the Japan Postal Group Union in the city of Chiba on June 9, 2010. The postal union called for the enactment of the postal reform bill to scale back postal privatization during the current Diet session. (Kyodo)

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JP to make 65,000 nonregular employees into full-time workers

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito speaks about the company's plan to award regular-worker status to some 65,000 of 200,000 nonregular employees during a press conference in Tokyo on May 7, 2010. Saito said the plan is aimed at helping to stabilize employment in line with a bill to scale back the planned privatization of state-backed postal services. (Kyodo)

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Gov't approves Japan Post's plan for FY 2010

TOKYO, Japan - Internal Affairs and Communications Minister Kazuhiro Haraguchi (L) hands over to state-owned Japan Post Holdings Co. President Jiro Saito documents authorizing Japan Post's business plan for fiscal 2010, on March 31, 2010, at the Internal Affairs and Communications Ministry in Tokyo. Japan Post plans to report falls in both revenue and net profit in fiscal 2010. (Kyodo)

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New Year's card delivery starts

TOKYO, Japan - Communications minister Kazuhiro Haraguchi (R) and Japan Post Holdings Co. President Jiro Saito (L) attend an annual ceremony to start the delivery of nearly 2.1 billion New Year's cards nationwide at a post office in Tokyo's Nihombashi district Jan. 1, 2010. (Kyodo)

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Japan Post chief speaks at press conference

TOKYO, Japan - Jiro Saito, president of Japan Post Holdings Co., speaks at a press conference at the company's head office in Tokyo on Nov. 27, 2009. Saito said the state-owned postal and financial group needs to review its fund management portfolio. (Kyodo)

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Saito formally becomes Japan Post head

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito (R) shakes hands with internal affairs minister Kazuhiro Haraguchi at the Ministry of Internal Affairs and Communications in Tokyo on Oct. 28, 2009. Saito formally assumed the post the same day. (Kyodo)

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Saito formally becomes Japan Post head

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito (R) shakes hands with internal affairs minister Kazuhiro Haraguchi at the Ministry of Internal Affairs and Communications in Tokyo on Oct. 28, 2009. Saito formally assumed the post the same day. (Kyodo)

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Saito formally becomes Japan Post head

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito (R) shakes hands with internal affairs minister Kazuhiro Haraguchi at the Ministry of Internal Affairs and Communications in Tokyo on Oct. 28, 2009. Saito formally assumed the post the same day. (Kyodo)

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Saito formally becomes Japan Post head

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito speaks at a press conference at the company's head office in Tokyo on Oct. 28, 2009. Saito formally assumed the post the same day. (Kyodo)

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Saito formally becomes Japan Post head

TOKYO, Japan - Japan Post Holdings Co. President Jiro Saito speaks at a press conference at the company's head office in Tokyo on Oct. 28, 2009. Saito formally assumed the post the same day. (Kyodo)

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Ex-Vice Finance Minister Saito tapped as Japan Post chief

TOKYO, Japan - Former Vice Finance Minister Jiro Saito, who has been picked as Japan Post Holdings Co. president to succeed Yoshifumi Nishikawa, speaks during a news conference in Tokyo on Oct. 21. (Kyodo)

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Ex-vice finance minister Saito to succeed Nishikawa

TOKYO, Japan - File photo obtained by Kyodo News on Oct. 21, 2009 of former Vice Finance Minister Jiro Saito, who is appointed as Japan Post Holdings Co. president to succeed Yoshifumi Nishikawa. Saito, 73, is currently Tokyo Financial Exchange Inc. president and chief executive officer. (Kyodo)

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Vice finance minister Saito to succeed Nishikawa

TOKYO, Japan - File photo shows portrait of former Vice Finance Minister Jiro Saito who is appointed as Japan Post Holdings Co. president to succeed Yoshifumi Nishikawa. (Kyodo)

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Kamei taps former vice finance minister Saito to succeed Nishikaw

TOKYO, Japan - Shizuka Kamei, state minister in charge of postal reform, speaks during a press conference at the Financial Services Agency on Oct. 21, 2009, saying he will appoint former Vice Finance Minister Jiro Saito as Japan Post Holdings Co. president to succeed Yoshifumi Nishikawa. (Kyodo)