Gov't expects to raise up to Y1.3 trillion in Japan Post share sale

They need the money.  But if other privatized post offices are any guide, this will lead to a rise in cost and reduction in service.

The Government itself will buy half of these or more.

Proposing shares on the market while JP is not econmically doing well is a sign of deadend for the government. Bad omen.

Why sell off one its best assets, and while the budget is in deficit

Another frantic attempt to save the Abenomics from a crash?

And of course not one yen will be used to pay down the one-thousand-two-hundred-trillion yen of debt Japan's taxpayers are sitting on.