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November 23, 2024
 

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JAPAN POST INSURANCE

The Bank of Japan’s historic shift this year from radical monetary easing to two interest-rate hikes has sparked volatility in the nation’s securities market as investors speculate on the BOJ’s next move.
BUSINESS / Markets
Oct 17, 2024
Japan Post Insurance markets chief sees Nikkei setting new records after votes
The Nikkei's all-time high, set in July, will probably be "just a passing point,” said Kenichi Kuga, head of global equity and fixed income investment.
Japan Post Insurance, one of the nation’s biggest life insurers, held about ¥60.9 trillion in assets as of the end of March, of which around ¥47.7 trillion were securities, mainly government bonds.
BUSINESS / Markets
Jun 3, 2024
Japan Post goes slow in buying longest bonds after BOJ rate hike
Japan Post forecast in April that the 30-year government bond yield will be 2% at the end of March 2025
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.
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
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.
Japan Times
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
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.
Japan Times
BUSINESS / Companies
Nov 15, 2019
Japan Post Holdings' sales dropped 4.8% for April-September amid insurance scandal
Japan Post Holdings Co. said Thursday its group revenue in the April-September half dropped 4.8 percent from a year earlier to ¥5.96 trillion.
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.
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.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
U.S. aircraft carrier returns to Japan carrying navy’s ‘most capable fighter’
U.S. 7th Fleet Commander Vice Adm. Fred Kacher speaks to reporters shortly after the arrival of aircraft carrier USS George Washington at Yokosuka naval base in Kanagawa Prefecture on Friday.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.

Podcast

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