Profit at Japan Post rises 6.5%
Japan Post Holdings Co. group net profit rose 6.5% to 450.2bn yen in the year ended March 31 as profits from financial operations made up for losses in its postal business, reports Nikkei.
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Japan’s privatisation scale back prompts international talks
Japan, the US, and the EU will hold talks on 21 May in Geneva to discuss “level playing field concerns” regarding anticipated changes to Tokyo’s postal privatisation plans, reports Kyodo.
Read MoreJapan Post looks boost full-time workers
Japan Post could move 65,000 temporary workers on to permanent contracts.
Read MoreJapan Post forecasts operating loss for 2010
Japan Post is expecting an operating loss of 16.3bn yen ($173.7m) in fiscal 2010, according to media reports.
Read MoreDHL opens 38 new SERVICEPOINTS across Japan
DHL will open 38 additional SERVICEPOINT locations across Japan on 15 March, bringing the total number of DHL SERVICEPOINTS in the country to 175.
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