Tag: Japan

Japan Post, Lawson to start joint delivery from October

Posted by | Sep 26, 2006 | |

Japan Post and major convenience store chain Lawson Inc. said Tuesday they will start delivering each other’s items, such as mail and merchandise like boxed meals and drinks, from October in Kochi Prefecture.

The two firms said their cooperation is aimed at cutting distribution costs and is part of their environmental measures as the joint delivery will enable the firms to reduce the number of necessary trucks.

As the first step, the two firms will start the joint delivery in some areas in Kochi Prefecture for about a year on a trial basis, with an eye on expanding the areas in the future.

Japan Post and Lawson estimate the joint operation can cut their distribution costs by about 20 percent.

For the joint operation, the two firms will use refrigerating trucks to deliver merchandise from Lawson’s distribution centers to the company’s convenience stores as well as mail from base post offices to smaller post offices.

When coming back, the trucks will carry mail and empty cases of merchandise.

The two firms plan to run two services of the joint delivery per day.

For convenience store chains eyeing opening outlets in rural areas, how to cut distribution costs has been an important issue to resolve.

Lawson is now considering setting up new outlets utilizing the joint delivery system.

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Japan's major parcel deliverer to end deals with UPS

Posted by | Sep 25, 2006 | |

Yamato Transport Co. will start its own international delivery service as a replacement for a service deal with United Parcel Service starting on Oct. 1, the company said on Monday.

Yamato, the leading private parcel delivery service company in Japan, is ready to launch its own service, which it says will be up to 60 percent cheaper than UPS.

The Tokyo-based company expects that there is enough demand for it services, including the shipment of business documents and free sample distribution. It aims to deliver 3 million parcels, and 10 percent of the international small cargo market.

In its new service, the company set prices by dividing the world into four areas and weight into seven areas, from one kilogram up to 25. Delivery of a one-kilogram parcel from Tokyo to any city in Asia will be as much as 1,600 yen, as opposed to the UPS “deputy” delivery for 4,000 yen, the company said. Delivery will take three to seven days.

(116.44 yen = 1 USD)

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Aeon, Japan Post say to expand cooperation

Posted by | Sep 25, 2006 | |

Japanese retailer Aeon Co. and Japan Post [JP.UL] said on Monday they would expand their cooperation in delivery services and postcard sales, a move that could grow into an alliance in financial operations.

Aeon, the country’s second-biggest retail conglomerate after Seven & I Holdings , and Japan Post had already joined forces in some areas, including handling of the national postal service provider’s Yu-Pack parcel post at the retailer’s Ministop convenience store chain outlets.

Aeon’s shopping centres and stores also house seven post offices, and that number is increasing.

Japan Post, which has a network of nearly 25,000 post offices and some USD3 trillion in assets, is scheduled to be gradually privatised from next year, intensifying competition with rivals such as parcel delivery firm Yamato Holdings Co. .

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Japan Post to reduce mail collection frequency

Posted by | Sep 22, 2006 | |

Japan Post will reduce the frequency of its mail collection from mailboxes to cut costs, the first major overhaul in its mail collection operations in 13 years, it was learned Friday.

Subject to the step are mailboxes supervised by some 900 large post offices across Japan, excluding those in Tokyo’s densely populated 23 wards, Japan Post officials told Jiji Press.

Specifically, for mailboxes from which mail is collected three times or more a day, the first collection service of the day will be omitted from Oct. 16, the officials said.

Japan Post, which is outsourcing part of its mail collection operations in urban areas, hopes that the streamlining measure will reduce its annual commission payments by 3 billion yen, the officials said.

In the year that ended in March this year, the government-affiliated corporation’s mail collection and delivery outsourcing costs came to 184.4 billion yen, up 8.6 pct from the previous year. Of the total, 23 billion yen was for mail collection from mailboxes.

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Financial services race to grow on Japan Post privatization: S&P

Posted by | Sep 14, 2006 | |

Standard & Poor’s Ratings Services predicted Wednesday that financial services competition in Japan could intensify if Japan Post expands its banking operations after its privatization starting in October 2007.

The postal system will be divided into four entities — mail delivery services, post office network, savings and insurance firms — under a holding company upon the privatization.

The savings firm, though starting as the world’s largest bank with assets totaling 227 trillion yen, is not expected to expand its share of the savings and lending markets over the coming few years, S&P said.

But competition is expected to intensify in sales of financial instruments and other fee-generating services, which have been a strategic focus for Japanese banks and provide a great growth potential for the postal savings firm, the U.S. rating agency said.

In response to the postal savings firm’s possible foray into such services, commercial banks will seek to maintain competitive advantages in product lineups and consulting services, it said.

Another option for them would be to ally with the postal savings firm to utilize a nationwide network of post offices, S&P said, noting that some trust banks are reportedly considering cooperation with post offices in trust banking services.

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