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July 28, 2024
 

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POST

A Yamato Transport delivery center in Funabashi, Chiba Prefecture. Japan's parcel delivery firms are expanding drop-off services amid a rise in their redelivery rate and a shortage of truck drivers.
BUSINESS
Jul 12, 2024
Availability of parcel drop-off services increasing in Japan
The services are expected to help reduce redeliveries to lessen the heavy burden on delivery vehicle drivers.
Japan Post Bank will expand investment into long-term government bonds to take advantage of rising yields.
BUSINESS / Companies
Jun 20, 2024
Japan Post Bank to buy more bonds in light of BOJ taper plan
Japan Post Bank has ramped up investment in JGBs with the balance of holdings totaling ¥5.15 trillion as of March, expanding 1.5-fold from levels in December last year.
Yamato Transport drivers push carts loaded with parcels for distribution in Sapporo.
BUSINESS / Companies
Jun 14, 2024
Japan logistics firms work to reduce parcel redeliveries
The government aims to lower the rate of parcel redeliveries from 10% in fiscal 2022 to 6% in fiscal 2024.
Postage rates in Japan are set to increase to ¥110 from ¥84 for standard-size letters weighing 25 grams or less and to ¥85 from ¥63 for postcards.
JAPAN
Jun 14, 2024
Japan Post announces October postage hike
Rates will increase to ¥110 from ¥84 for standard-size letters weighing 25 grams or less, and to ¥85 from ¥63 for postcards.
Postage rates for sealed letters and other documents are expected to be raised by 30% as early as October, the first rise in 30 years aside from when prices increased along with consumption tax hikes.
JAPAN
Jun 7, 2024
Postage rate hikes seen denting New Year's card tradition in Japan
The tradition of sending New Year's greetings on postcards began in 1873 with the introduction of postcards.
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
Demonstrators surround a cardboard cutout of Indian Prime Minister Narendra Modi during a protest outside the Indian Consulate in Toronto after Canadian Prime Minister Justin Trudeau raised the prospect of New Delhi's involvement in the murder of Sikh separatist leader in the country last September.
ASIA PACIFIC / Politics
Apr 30, 2024
India’s spy chief cleared plot to kill Sikh activist, report says
An alleged plot to kill a U.S. citizen and Sikh activist on American soil last year was approved by senior-level members of India’s intelligence agency, including its chief at the time, the Washington Post reported, citing people familiar with the matter it didn’t identify.
Fujitsu has held more than £3.4 billion ($4.3 billion) of active contracts with parts of the British state while £1.4 billion of those were awarded after a 2019 court ruling which associated the firm with the wrongful prosecution of hundreds of local branch post office managers for theft and fraud.
BUSINESS
Feb 11, 2024
Fujitsu got £3.4 billion in U.K. contracts despite Post Office row
A committee said £1.4 billion of those contracts were awarded after a 2019 court ruling connected Fujitsu with hundreds of wrongful prosecutions.
Fujitsu apologized for its role in the wrongful conviction of more than 900 subpostmasters in the U.K. who used its accounting software.
BUSINESS / Companies
Feb 1, 2024
Fujitsu promises better quality control after U.K. scandal
The Tokyo-based technology company is the subject of an inquiry into a glitch in its Horizon accounting software used by the U.K. Post Office.
A Japan Post delivery truck. Certain parcels will take longer to arrive under changes set to begin in April.
BUSINESS / Companies
Jan 31, 2024
Japan Post announces delayed timeframes for express deliveries
The changes come as part of an effort to cope with stricter regulations on truck drivers’ working hours.
The Alumy website, which offers a service for companies that want to connect with individuals who have quit their jobs
BUSINESS / Companies
Dec 31, 2023
More Japanese companies move to rehire former employees
Previously, it had been widely believed that quitting a job means completely severing the relationship with the employer.
The planned increases for Japan's postal fees will be the first in 30 years, apart from revisions made in relation to consumption tax hikes.
BUSINESS / Economy
Dec 18, 2023
Japan plans stamp price hike for letters to ¥110 from ¥84
Japan Post's standard postcards will also have their price increased from ¥63 to ¥85 under government's proposed plan in response to losses.
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.
Japan Times
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
WORLD
Apr 19, 2023
China readying supersonic spy drone unit, leaked U.S. assessment shows: report
The Washington Post said it obtained the assessment from classified files allegedly posted online by a member of the Massachusetts Air National Guard, who was arrested last week.
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
JAPAN
Feb 26, 2023
Rural post offices begin hosting unmanned shops to help older residents
Some 3,000 of the roughly 24,000 post offices nationwide have embraced the service, stocking vegetables, daily necessities and other items.
Japan Times
JAPAN
Feb 22, 2023
Japan Post retiring cheap postcards amid digital shift
For years, the company's international aerograms and postcards have allowed senders in Japan to convey messages to people abroad for just ¥90 and ¥70, respectively.
Japan Times
JAPAN / Crime & Legal
Feb 17, 2023
Post office in Saitama robbed by man with knife, leaving two workers injured
The robber, who was reported to have been wearing a hood, entered Kawaguchi Namiki Post Office at around 1:40 p.m. before demanding that a teller give him money.
Japan Times
JAPAN
Feb 12, 2023
Japan eyes stockpiling disaster supplies at post offices
The government is considering using post offices to stockpile emergency supplies with an eye to delivering them to evacuation areas in the event of disasters.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

Podcast

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As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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JNTO promotes sustainable tourism initiatives

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