Aso says division of Japan Post into 4 firms should be rev.

Aso says division of Japan Post into 4 firms should be reviewed

Yomiuri

Prime Minister Taro Aso on Thursday called for a review of the current four-company system under Japan Post Holdings Co., questioning its efficiency.

"Is it really efficient to have four separate companies? I believe it's time to review the issue once again," Aso said at the House of Representatives Budget Committee.

When privatization began in October 2007, Japan Post was subdivided into four firms: Japan Post Service Co.; Japan Post Network Co.; Japan Post Bank Co.; and Japan Post Insurance Co.

Aso's comment likely will create a stir because a review of the …