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Postal life insurance to sell other firms' products even before IPO

TOKYO, Japan - Josuke Shindo, chairman-designate of a postal life insurance firm that will emerge on the privatization of Japan's postal system in October 2007, speaks during an interview with Kyodo News in Tokyo. He said that the firm, tentatively called Kampo Life Insurance, will seek to sell other insurers' products even before its initial public offering.

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Businessmen to head 4 postal entities after privatization

TOKYO, Japan - The government on July 11 announced the appointment of private-sector businessmen as chief executive officers of the four companies to be created through the privatization of postal services in October 2007. File photos show (clockwise from top right) Josuke Shindo, CEO of the postal insurance company, Shigeo Kawa, CEO of the company in charge of over-the-counter services at post offices, Norio Kitamura, CEO of the mail delivery service company, and Koji Furukawa, CEO of the postal savings bank. (Kyodo)

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Postal life insurance to sell other firms' products even before

TOKYO, Japan - Josuke Shindo, chairman-designate of a postal life insurance firm that will emerge on the privatization of Japan's postal system in October 2007, speaks during an interview with Kyodo News in Tokyo. He said that the firm, tentatively called Kampo Life Insurance, will seek to sell other insurers' products even before its initial public offering. (Kyodo)