Japan Post reportedly set to announce trillion-yen share sale

Japan Post reportedly set to announce trillion-yen share sale

Japan Post is set to announce plans for a share sale by the government, according to local sources. A report published by Singapore’s Straits Times today (6 September) said that “people with knowledge of the matter” have indicated that Japan’s Ministry of Finance plans to offer between one trn and 1.4 trn yen of Japan Post Holdings shares to local and overseas investors by the end of this month.

However, these informed sources reportedly added that the process could be delayed if the Korean diplomatic situation deteriorates further.

Meanwhile, Japan Post has reported that it will raise the fees for its door-to-door parcel delivery service by an average 12% from next March.

 

 

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KEBA is an internationally successful high-tech company with headquarters in Linz (Austria) and subsidiaries worldwide. KEBA is active in the three operative business areas: Industrial Automation, Handover Automation and Energy Automation. The company has been developing and producing for more than 50 years according to […]

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