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POST

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.
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.
Japan Times
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.
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.
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
JAPAN
Sep 3, 2019
Japan's Shukan Post apologizes after being blasted for discrimination toward South Koreans
A weekly magazine's editorial department has apologized for what has been widely slammed as discriminatory coverage of South Koreans, with the magazine having branded them as pathologically quick-tempered and insisted that Tokyo cut ties with Seoul because the neighbor is "troublesome."
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 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.

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