Tag - japan-post

 
 

JAPAN POST

Japan Times
BUSINESS
Oct 2, 2019
Deliveries of packages in Japan rose 1.3% in fiscal 2018
The number of packages handled by parcel delivery services in fiscal 2018 increased 1.3 percent from the previous year to 4.31 billion, hitting a record high for the fourth consecutive year, according to transport ministry data released Tuesday.
Japan Times
BUSINESS
Sep 30, 2019
Japan Post CEO vows to restore trust in wake of insurance scandal
Japan Post Holdings Co.'s top executive vowed Monday to restore public trust after thousands of customers were missold insurance policies.
BUSINESS
Sep 14, 2019
Japan Post uncovers nearly 20,000 cases of improper investment trust sales
Japan Post Bank has said that it has found 19,591 cases of improper investment trust sales since April last year.
Japan Times
BUSINESS / Companies
Sep 13, 2019
Japan Post Bank broke rules with sales of investment trust products to thousands of seniors
Japan Post Bank improperly sold investment trust products to elderly customers in violation of its rules in a total of some 20,000 cases, sources have revealed.
Japan Times
BUSINESS / Companies
Aug 31, 2019
FSA to inspect two Japan Post units involved in insurance sales scandal
The Financial Services Agency will conduct on-site inspections of Japan Post Co. and Japan Post Insurance Co. in September over the insurance sales scandal involving the Japan Post Holdings Co. units.
Japan Times
BUSINESS / Companies
Aug 21, 2019
Japan Post reveals 104,000 Aflac policies improperly sold, bringing total from insurance debacle to 287,000
As Japan Post's debacle expands, the problems are being blamed on the postal and financial behemoth's failure to update its customer data management system, sources said.
Japan Times
BUSINESS / Companies
Aug 14, 2019
Japan Post scraps catalog gift quotas after employees spent own money to meet sales targets
Japan Post Co. will not require staff to meet sales targets for gifts marketed in its catalogs after those unable to meet the quota made up for the shortfall from their own pockets.
EDITORIALS
Aug 9, 2019
Address growing problem at Japan Post group
As the top shareholder, the government should look into the group's scandal and explore ways to fix its problems.
Japan Times
BUSINESS
Aug 9, 2019
Japan Post Bank to cap overseas remittances to ¥5 million a day to tackle money laundering
Japan Post Bank Co. and Japan Post Co. will limit the amount of funds that can be sent via their overseas bank transfer service to tackle money laundering.
Japan Times
BUSINESS / Companies
Aug 7, 2019
Japan Post to end Saturday standard mail delivery due to job crunch and drop in demand
A government panel decided to end Saturday delivery for standard mail due to a labor shortage and a drop in demand because of increased use of the internet.
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
Jul 29, 2019
Japan Post workers forged papers to sell insurance policies, internal document reveals
Some post office workers forged documents or engaged in other unlawful practices in selling the products of Japan Post Insurance Co. in fiscal 2018, according to an internal document revealed Monday.
EDITORIALS
Jul 14, 2019
Inappropriate sales by Japan Post Insurance
A probe must be conducted to get to the bottom of the scandal and steps taken to ensure it doesn't happen again.
Japan Times
BUSINESS / Companies
Jul 10, 2019
Japan Post Insurance admits mismanaging over 90,000 policies, including duplicate premium payments
Japan Post Insurance Co. has admitted mismanagement in connection with more than 90,000 insurance policies, the biggest scandal for the country's dominant postal group since its privatization in 2007.
Japan Times
BUSINESS / Companies
Jun 24, 2019
Japan to start testing unmanned vehicles on public roads
The economy ministry plans to start testing unmanned ground vehicles on public roads by the end of March next year through cooperation with private-sector companies, hoping to put them into practical use soon.
Japan Times
BUSINESS / Companies
Jun 24, 2019
Japan Post admits insurance and banking units engaged in improper sales to elderly people
Japan Post Holdings Co. said Monday its insurance and banking units repeatedly sold unsuitable insurance and investment trusts to elderly customers, prompting the financial watchdog to launch an investigation.
Japan Times
BUSINESS / Companies
Jun 19, 2019
Japan Post Bank to cap international transfers to counter money laundering
Japan Post Bank Co. plans to set a limit on over-the-counter international cash transfers of ¥5 million ($46,000) to combat money laundering, sources close to the matter said Tuesday.
Japan Times
BUSINESS
Jun 18, 2019
Japan Post Bank to cap international transfers to counter money laundering
Japan Post Bank Co. plans to set a limit on over-the-counter international cash transfers of ¥5 million ($46,000) to combat money laundering, sources close to the matter said Tuesday.
JAPAN
May 15, 2019
Police find and arrest missing driver of Kyoto post office parcel van
The driver of a post office delivery van carrying dozens of parcels who went missing along with the van last week in Kyoto was arrested Wednesday on suspicion of embezzlement, police said.
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.

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Several support networks have launched to help startup founders in Japan whose native language isn't Japanese.
As Japan's startup ecosystem grows, so does a supportive community of entrepreneurs