Japan Post announces long-awaited plan to list shares in Tokyo

Customers use an ATM at a branch of Japan Post in the Ginza shopping district of central Tokyo on Dec26, 2014. -- PHOTO: AFP
Customers use an ATM at a branch of Japan Post in the Ginza shopping district of central Tokyo on Dec26, 2014. -- PHOTO: AFP

TOKYO (AFP) - Japan Post on Friday confirmed a long-awaited plan to list its shares in Tokyo with the government-owned firm set for what could be one of the world's biggest initial public offerings.

Japan Post, along with its insurance and banking units, would launch the IPO in the middle of the 2015 fiscal year, which begins in April, but it declined to comment on the size of the sale.