Tag - japan-post-holdings

 
 

JAPAN POST HOLDINGS

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
Jul 31, 2019
Japan Post Insurance policies affected by sales scandal double to 180,000
The sum roughly doubled from the previously recognized number of 93,000 after the company checked all of its new 10 million contracts concluded over the five years through fiscal 2018.
Japan Times
BUSINESS / Companies
Apr 5, 2019
Japan Post to sell up to 30% of outstanding shares in its insurance unit
Japan Post Holdings Co. said Thursday that it will sell up to 30 percent of its outstanding shares in subsidiary Japan Post Insurance Co. by the end of this month.
Japan Times
BUSINESS / Companies
Mar 12, 2016
Japan Post chief Nishimuro to quit; successor likely to come from banking unit
Japan Post Holdings Co. President Taizo Nishimuro is set to step down, with the head of the postal group's banking unit likely to succeed him.
BUSINESS
Nov 2, 2015
Japan Post's IPO a decade in the making
The opening of sales Wednesday of shares in Japan Post, whose origins date back to 1871, has been a decade in the making.
Japan Times
BUSINESS
Nov 2, 2015
With massive IPO of Japan Post, the nation seeks to shake decades of torpor
As Japan prepares this week for the biggest initial public offering in the world since Alibaba Group Holding Ltd. in September 2014, the government hopes that the ¥1.5 trillion privatization of the postal service will help revive the country from its 20-year slump.
Japan Times
BUSINESS
Sep 11, 2015
Japan Post valued at ¥12.61 trillion; listing set for Nov. 4
Japan Post Holdings Co. and its banking and insurance units will begin trading on the Tokyo Stock Exchange on Nov. 4, the bourse said Thursday, in what will be the largest initial public offering in the country in nearly 30 years.
Japan Times
BUSINESS
Jun 27, 2015
Japan Post units plan simultaneous IPOs
The bank and insurance arms of financial giant Japan Post are planning to apply for simultaneous IPOs in October.
BUSINESS / Companies
May 29, 2015
Japan Post names ex-Goldman's Sago to head asset management
Japan Post Holdings Co. hired Katsunori Sago, a former Goldman Sachs Group Inc. executive in the country, as head of asset management at its banking unit as it reallocates its portfolio.
Japan Times
BUSINESS
Mar 19, 2015
LDP pushes for higher deposit cap for postal giant before IPO
The ruling Liberal Democratic Party wants to raise the deposit limit at state-owned Japan Post Holdings Co.'s lending arm before a planned initial public offering later this year, according to a lawmaker who is backing the change.
Japan Times
JAPAN / Society
Jan 6, 2015
Help at hand for dementia patients
They would enter the bank and ask for their cash. Yuriko Asahara, behind the counter, would check where they would stash it — in the side pocket of a handbag or perhaps deep down in a shoulder bag.

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