The Japan Post Holdings Co. group has revoked the insurance-selling certificates of 75 post office workers for their improper sales of Japan Post Insurance Co. products, while reprimanding two others. The insurance sellers encouraged customers to buy insurance contracts by giving them false explanations in ...
Abe's two-mask handouts to be delivered by Japan Post starting this week
The government will use Japan Post Co.'s large-scale delivery system to distribute two cloth masks to every household in the country starting this week — part of Prime Minister Shinzo Abe's effort to defeat the novel coronavirus. The masks will be distributed via Japan Post's ...
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 Post Bank Co., ...
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. The plan, announced Thursday, falls in line with the group's moves to review its marketing ...
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. An in-house investigation conducted through Feb. 19 also found sales clerks committed a total of 1,761 violations of the law or ...
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. Legislation is expected to be submitted to the ongoing ordinary session of the Diet to extend the ...
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. In August, the Japan Post Holdings Co. group started to investigate 183,000 Kampo-brand insurance contracts involving 156,000 customers who had possibly been affected by ...
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. About 24,000 undelivered items were found in the man's home in Sagamihara, Kanagawa Prefecture, said the police, who sent his case to prosecutors. "It was too ...
Japan Post delivery crews to go green by adopting electric scooters from Honda
Japan Post Co. said Friday it will introduce electric scooters made by Honda Motor Co. for delivery and other services with the aim of reducing the burden it places on the environment. Japan Post plans to deploy 200 of the e-scooters by the end of ...
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. "We're preparing to open investigations," Masuda said at ...
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. "We are facing the biggest crisis since the foundation (of the postal group)," Masuda, 68, told executives of the ...
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.
