Japan Post’s parcel delivery orders hit record in fy ’04
The number of parcels delivered by Japan Post under its “Yu-Pack” service grew to a record 215 million in fiscal 2004, which ended in March, backed by the public enterprise’s redoubled order-taking efforts, it was learned Tuesday.
The figure easily eclipsed the previous all-time high of 184.72 million parcels delivered in fiscal 1970.
Japan Post, as a result, has likely increased its share in the nation’s door-to-door parcel delivery service market to 7.1 pct from around 6 pct.
In a bid to beat private-sector rivals that have steadily expanded their market shares, Japan Post announced rate cuts last autumn and employed major convenience store operator Lawson Inc. as an agent to accept parcels on its behalf.
With more convenience store chains following suit, Japan Post, which the government plans to break up and privatize in stages, will have a network of 13,000 convenience stores operating round-the-clock for its Yu-Pack service by this autumn. It is aiming for a market share of 10 pct in fiscal 2005.
