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Yamato set to build up parcel locker network

Posted By iant On September 13, 2017 @ 4:32 pm In Companies,News | No Comments

In a section of the review [1] outlining plans for structural reforms, Yamato said: “Going forward, we will persist with efforts to further develop our “last mile” network, including open-type parcel lockers and convenience store delivery, primarily in urban areas, as well as the establishment of networks that specialize in mailbox services and services that address the needs of customers who wish to send packages outside of operating hours. In doing so, we aim to realize further growth in the Delivery Business.”

As previously reported, Yamato teamed up with Neopost to establish the joint venture parcel locker company Packcity Japan in May 2016.

Yamato gave update on the parcel locker strategy in the annual review: “By the end of the fiscal year ending March 31, 2018, we intend to establish a total of 3,000 parcel lockers, primarily in the Tokyo metropolitan area. In the second half of the fiscal year, we will further enhance the convenience and usability of this service in such ways as incorporating a feature that allows users to not only receive packages but also send them.”

Click here [1]to view the Yamato annual review.

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[1] review: http://www.yamato-hd.co.jp/investors/library/annualreport/pdf/2017/ar2017_00.pdf