The top executive of Japan Post Holdings Co. said Wednesday he is considering resigning in the wake of a probe that uncovered more than 12,000 cases of suspected improper sales of insurance products at two subsidiaries in the five years through March 2019.
“Regarding management responsibility, I will announce it at an appropriate time,” said Masatsugu Nagato, the chief executive of the former state-owned postal and financial services group, at a news conference in Tokyo. “There is a broad range of stakeholders, and each has a different responsibility, so the management will need to discuss the matter thoroughly.”
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.