Japan Post eyes corporate business
The steadily diversifying Japan Post will expand its business scope yet again with a joint venture in delivery of corporate documents. Its partner will be a wholly owned subsidiary of Mitsubishi UFJ Trust and Banking Corp., which already provides similar services, sources said. The public postal corporation will compete for the service with Yamato Transport Co. and other distribution companies, which are aggressively expanding delivery of corporate documents.
The plan to form a joint venture with Mitsubishi UFJ Daiko Business Co. is expected to be announced this month, sources said.
