Tag - japan-post-co

 
 

JAPAN POST CO

Japan Times
BUSINESS / Companies
Oct 7, 2020
You've got mail: Japan Post delivery robot debuts in Tokyo
Using built-in cameras and sensors, the robot operated on a sidewalk in Chiyoda Ward, dodging obstacles such as utility poles, and crossed an intersection.
Japan Times
BUSINESS / EXPLAINER
Sep 25, 2020
How to steal ¥28 million: Lessons learned from the Docomo swindle
Japan's largest mobile phone carrier made headlines after its e-money service was used to defraud people who weren't NTT Docomo customers.
JAPAN / Crime & Legal
Sep 24, 2020
Stolen money via Japan Post account breaches rises to ¥60 million
Japan Post Bank Co. said Thursday the amount of money stolen from customers' accounts due to a series of security breaches of seven electronic payment services has ballooned to about ¥60 million ($570,000).
Japan Times
BUSINESS
Sep 12, 2020
Yoshifumi Nishikawa, who led Japan's banking sector shakeup, dies at 82
Yoshifumi Nishikawa, a former chief of Sumitomo Mitsui Banking Corp. who spearheaded a major shakeup of Japan's banking sector in the early 2000s, has died, sources said Friday. He was 82.
BUSINESS
Aug 27, 2020
In wake of insurance scandal, new Japan Post chief says sales of policies to resume
Japan Post said an additional 642 workers, including salespeople, are now subject to disciplinary measures related to the insurance scandal.
Japan Times
BUSINESS
Mar 25, 2020
Japan Post gets proposal to cut 10,000 jobs amid falling revenue
Japan Post Holdings Co. has received a proposal by a group company to cut 10,000 jobs, as the scandal-hit company seeks to offset deteriorating earnings in the financial business by slashing labor costs, a source close to the matter said Monday.
Japan Times
BUSINESS / Companies
Mar 13, 2020
Japan Post group to halve recruits in 2021 after insurance scandal
Japan Post Holdings Co. plans to hire 2,055 new graduates in April 2021, less than half of some 4,300 slated to start working for the postal service group next month.
Japan Times
BUSINESS / Companies
Feb 28, 2020
Over 1,400 Japan Post workers improperly sold insurance products, probe finds
The Japan Post Holdings Co. group said Thursday it had confirmed Japan Post Insurance Co. products were sold improperly by 1,447 post office workers.
Japan Times
BUSINESS
Feb 6, 2020
Government to get five more years to sell its shares in Japan Post and Tokyo Metro
The government plans to extend the deadline for selling shares in Japan Post Holdings Co. and Tokyo Metro Co. by five years from fiscal 2022, sources have said.
Japan Times
BUSINESS / Companies
Feb 1, 2020
Japan Post to probe more insurance contracts as sales scandal grows
Japan Post Holdings Co. says it will look into 220,000 more insurance contracts — signed by around 60,000 customers — that are suspected of being part of a widening scandal involving improper sales.
Japan Times
BUSINESS
Jan 30, 2020
Japan Post Insurance misconduct may have hit 60,000 more customers
Improper sales practices for Japan Post Insurance Co. products may have disadvantaged 60,000 more customers than previously known, sources have said.
Japan Times
JAPAN
Jan 23, 2020
Japanese postman failed to deliver — 24,000 times, police say
A 61-year-old postman failed to deliver thousands of postal items that he kept at his home instead, police said Thursday.
Japan Times
JAPAN / Media / MEDIA MIX
Jan 11, 2020
Japan Post Holdings drags its heels on insurance sales scandal
On Dec. 27, the top three executives of Japan Post Holdings Co. announced they would be resigning on Jan. 5 over the insurance sales scandal that first came to light more than a year and a half ago. The announcement comes on the heels of an order from the Financial Services Agency for subsidiaries of the firm to halt sales of insurance products for three months starting Jan. 1.
Japan Times
BUSINESS / Companies
Jan 10, 2020
New Japan Post chief vows to probe leak from ministry on insurance scandal
Hiroya Masuda, the new president at Japan Post Holdings Co., vowed Thursday to investigate a leak to the group of information about administrative punishments that were under consideration in relation to its improper sales of insurance products.
Japan Times
BUSINESS / Companies
Jan 6, 2020
New Japan Post chief vows to regain trust as ex-bureaucrats take reins after scandal
New Japan Post Holdings Co. President Hiroya Masuda pledged Monday to regain the public's trust in the former state-owned postal group now being rocked by scandal.
Japan Times
BUSINESS / Companies
Dec 27, 2019
Execs quit as Japan Post units ordered to halt insurance sales for three months
Japan Post Holdings CEO Masatsugu Nagato, Japan Post Insurance President Mitsuhiko Uehira and Japan Post President Kunio Yokoyama are all resigning over the scandal.
Japan Times
BUSINESS / Companies
Dec 26, 2019
Former minister Hiroya Masuda to lead Japan Post after insurance scandal
Hiroya Masuda, a former minister of internal affairs and communications, will replace Masatsugu Nagato as president of Japan Post Holdings Co., effective early next year, a source familiar with the plan said Thursday.
Japan Times
BUSINESS / Companies
Dec 25, 2019
Three Japan Post Group leaders expected to resign over insurance sales scandal
Japan Post Holdings is expected to convene a meeting to discuss the resignations and successor candidates Friday. Former internal affairs minister Hiroya Masuda may replace Masatsugu Nagato as president.
EDITORIALS
Dec 24, 2019
Amakudari and Japan Post Holdings
The government needs to probe whether a recent bureaucratic leak is part of a broader and deeper collusion.
EDITORIALS
Dec 22, 2019
Rebuild system of governance at Japan Post group
The Japan Post group needs to overhaul the organizational culture that was to blame for the illicit practices.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores