Tag - japan-post

 
 

JAPAN POST

Japan Times
BUSINESS / Companies
Sep 29, 2021
Government may start process to sell ¥950 billion stake in Japan Post this week
The sale was expected in 2019 but became difficult after the value of Japan Post shares fell sharply following a scandal over improper sales practice at its insurance unit.
Japan Times
JAPAN
Jun 29, 2021
Japan Post to honor Tokyo Olympics medalists with golden mailboxes
Every time a Japanese athlete wins a gold medal, an ordinary red mailbox will be replaced by a golden one, government and postal service officials have said.
Japan Times
LIFE / Lifestyle
May 2, 2021
Navigating Japan Post: Mail during the time of COVID-19
Japan Post provides a handy lifeline to those wanting to connect with family and friends in Japan or overseas.
Japan Times
JAPAN
Apr 7, 2021
Former head of Nagasaki post office may have swindled over ¥1 billion
According to an internal probe, the man in his 60s fraudulently collected money from customers after telling them the payments were for deposits or insurance premiums.
Japan Times
BUSINESS / Companies
Mar 15, 2021
Rakuten sees biggest surge in 18 years after Tencent and Japan Post invest
The e-commerce pioneer is looking to expand its capabilities in artificial intelligence, financial technology and mobile networks.
Japan Times
BUSINESS / Companies
Mar 12, 2021
Rakuten to raise $2.2 billion as Japan Post and Tencent buy stakes
The Japanese e-commerce pioneer has benefited from a boom in online shopping during the pandemic, but faces stiff competition from Amazon.com Inc.
Japan Times
BUSINESS
Dec 20, 2020
Japan Post hopes demand for New Year's greetings cards rises amid pandemic
Online orders have increased about 20% from the previous year as people are refraining from going outside due to COVID-19, Japan Post said.
Japan Times
BUSINESS
Dec 16, 2020
Japan Post insurer plans $2.9 billion buyback to cut owner stake
Japan Post Insurance is seeking to rebuild its business after a sales scandal last year ended with the resignation of senior management and a regulatory penalty.
Japan Times
BUSINESS / Companies
Nov 5, 2020
Japan Post considers selling courier business of Australia's Toll
Japan Post Holdings Co. said Thursday it is exploring a potential sale of the struggling courier division of its Australian logistics subsidiary Toll Holdings Ltd.
Japan Times
JAPAN / Crime & Legal
Oct 15, 2020
Japan's top court rules against denying allowances to fixed-term employees
The top court's judgment in favor of nonregular workers came two days after its rulings against them in two other cases.
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.

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