Tag - japan-post

 
 

JAPAN POST

The government may sell stakes in some major firms, including NTT, to fund its growing defense spending.
BUSINESS
Aug 3, 2023
Raising the stakes: Japan may sell shares to fund defense spending
Selling government stakes in some of Japan's biggest firms won't be straightforward, given the need for consensus and changes to laws.
BUSINESS / Companies
Jun 20, 2023
Yamato and Japan Post announce tie-up for mailbox and small parcel deliveries
The two companies are working together to tackle anticipated truck driver shortages, expected when overtime work restrictions come into effect in April next year.
Japan Times
BUSINESS
Mar 6, 2023
Kuroda’s decade at the BOJ changed how Japan’s banks make money
Investors prepare for an eventual normalization of monetary policy with BOJ Gov. Haruhiko Kuroda, who introduced negative interest rates, set to hand over the reins.
Japan Times
BUSINESS
Oct 6, 2021
Japan to sell 27% of Japan Post to raise reconstruction funds
The planned sale would represent a stake of about 27%, lowering the government's ownership to one third, the minimum allowed by law.
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
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.
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 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
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.
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
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.
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
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.
BUSINESS
Dec 16, 2019
Irregularities suspected in sales of around 10,000 Japan Post insurance policies
The number is far bigger than the 6,327 contracts highlighted in an interim report in September on inappropriate sales practices at the group.
BUSINESS / Companies
Dec 14, 2019
FSA to punish Japan Post group by year-end over inappropriate sales practices
Japan Post Insurance Co. and Japan Post Co. are soon expected to release reports on in-house probes that the financial watchdog will use to assess the managers involved.
BUSINESS / Companies
Nov 21, 2019
Japan Post to resume marketing of savings products after suspension due to irregularities
Japan Post Co. said Wednesday that it will resume marketing activities for savings products offered by Japan Post Bank Co. on Monday, following a suspension due to sales irregularities involving Japan Post Insurance Co.

Longform

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