Japan Post Holdings
In September 2017, the Japanese government announced its sale of $12 billion worth of Japan Post Holdings Co. Ltd. stock. It was the first sale since the 2015 IPO of the postal company and its two units, Japan Post Bank Co. Ltd. and Japan Post Insurance Co. Ltd.. That sale also raised $12 billion, which was used for the repair and reconstruction of places that were destroyed by an earthquake and tsunami in 2011.