• Kyodo News


Japan Post Holdings Inc.’s two financial units could unilaterally stop consigning work to its mail service unit in 2017, dealing a blow to post offices nationwide, sources said Thursday.

Although the two financial companies — Japan Post Bank Co. and Japan Post Insurance Co. — have their own outlets, they use some 24,000 post offices run by the mailing service, Japan Post Network Co., to operate their banking and insurance businesses.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.