Japan Post Bank merges investment arms to form new asset manager

JP Asset Management will be the surviving entity.

Japan Post Bank is establishing Japan Post Bank Asset Management by merging two of its investment-focused companies.

Japan Post Bank Asset Management will be created from an absorption-type merger, where JP Asset Management will be the surviving entity, and Japan Post Investment Corporation will be absorbed, according to a press release.

JP Asset Management focuses on investment trusts for individual retail customers, whilst Japan Post Investment primarily engages in private equity investments for institutional investors.

Japan Post Bank will hold 50% of voting rights, Japan Post 25%, and officers and employees of the new asset management firm will hold the remaining 25%.

The merger is effective 1 April 2026. Its stated capital is JPY1.25b (approximately $8.17m).