The government has sold approximately 250 billion yen worth of shares held by Japan Post.
The gain on the sale will be 3 trillion yen including the amount sold so far, and we plan to use it to finance the reconstruction of the Great East Japan Earthquake.
The government has stipulated by law that the gain on the sale of Japan Post shares will be used to finance reconstruction after the Great East Japan Earthquake, and plans to secure 4 trillion yen by 2027.
On the 11th, the government sold the shares of Japan Post Holdings, worth 249.9 billion yen, in response to the purchase of its own shares by Japan Post Holdings.
The total gain on the sale of the government will be 3 trillion yen, which is the amount of the two shares sold and the share buyback of Japan Post.
The government hopes to make an additional sale by 2027, taking into account the company's management and stock price conditions, and secure a gain on the sale of approximately 1 trillion yen.