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Tag - japan-post-insurance

 
 

51³Ô¹ÏÍø POST INSURANCE

The bill enacted by parliament on Friday calls on Japan Post, the mail and parcel delivery company wholly owned by Japan Post Holdings, to improve its operational efficiency through digital technologies and make more effective use of business resources.
BUSINESS / Companies
Jun 19, 2026
Bill to revise postal laws clears parliament
The development paves the way for the government to provide subsidies to preserve the nationwide post office network.
Japan Post Insurance CEO and President Kunio Tanigaki
BUSINESS / Companies
Mar 4, 2026
Japan Post Insurance to shift to high-yield bonds, CEO says
The life insurer expects the Bank of Japan to raise interest rates again as soon as April.
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.
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.
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.
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.
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.

Longform

For many people, utility poles and power lines have become such a familiar part of Japan¡¯s landscape that they often go unnoticed.
Why Japan¡¯s utility poles won¡¯t be disappearing anytime soon

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