Tag: Japan

Yamato Transport’s 1st-half net profit jumps 2.5-fold

Posted by | Nov 10, 2004 | |

Japan’s largest parcel delivery service company Yamato Transport Co. said Tuesday its group net profit in April-September soared 2.58 times from a year before to 16,569 million yen. The brisk result in the first six months of fiscal 2004 was attributable to sales growth and pension-related gains, Yamato Transport officials said. The company saw an increase in costs to beef up its services to survive competition with Japan Post, a public corporation. But it could reduce costs in many other segments, the officials said.

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Yamato Transport and DHL Global Mail team up for cross-border mail delivery

Posted by | Nov 2, 2004 | |

DHL Global Mail and Japan’s top door-to-door mail and parcel delivery company, Yamato Transport Co., Ltd. (Yamato) have joined forces to offer an international mail delivery service in Japan to customers world wide. DHL Global Mail, the international mail subsidiary of Deutsche Post World Net, formerly known as Deutsche Post Global Mail has relaunched under the DHL brand in October and runs the world´s largest mail network. Yamato Transport launched its mail service, Kuroneko Mail, nationwide in March 1997. Since then, the service has enjoyed rapid growth servicing major publishers and catalogue companies. Yamato currently delivers 100 million Kuroneko Mail items per month in Japan, in addition to its domestic courier service. The new collaboration will enable DHL Global Mail to offer mail and publication distribution in Japan to their customers worldwide.

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DHL Global Mail to launch partnership with Japan’s Yamato Transport

Posted by | Nov 1, 2004 | |

Deutsche Post World Net AG’s international mail unit DHL Global Mail is planning to launch a partnership with Japan’s Yamato Transport Ltd, a spokesman for Deutsche Post said, confirming a report to be published in Die Welt newspaper tomorrow. Yamato, which is Japan’s largest private mail service provider, will deliver international letters and magazines in Japan for DHL, while DHL will distribute Yamato’s mail internationally, competing directly with state-owned Japan Post.

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DHL to expand operations in Japan via Chubu Airport

Posted by | Oct 29, 2004 | |

Germany’s DHL International Ltd. said Friday it is aiming to expand its business in Japan by capitalizing on the opening of Chubu International Airport, a new international gateway to central Japan, in February 2005. Under its business plan through the end of 2005, DHL plans to increase its number of international parcel delivery transactions in Japan by utilizing the international cargo and passenger flights of its affiliated or partner airlines to and from the new airport, which is under construction on reclaimed land off Nagoya. Air Hongkong, an affiliate of DHL, will fly a cargo plane to and from Chubu International Airport. Northwest Airlines and Germany’s Lufthansa, both of which are DHL partner airways, will also cooperate with the German company.

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Technical problems threaten to delay privatisation of Japanese post office

Posted by | Oct 28, 2004 | |

Privatisation of Japan’s postal service could be delayed two years by the technical difficulties of developing a new computer system needed to split the business into four units. Masaharu Ikuta, president of Japan Post, said in an interview with the Financial Times that tenders for a new system – needed to split the giant organisation into mail-delivery, savings, insurance and counter services – could not go out until late 2005, meaning work would not start until 2006. IT consultants at IBM, Accenture, NTT Data and Nomura Research Institute estimate that it would then take three to five years to build the system, he said. “I reported to the prime minister (Junichiro Koizumi) that from those experts’ opinions, it would be difficult to start the system from April 1, 2007,” Mr Ikuta said. “If the system fails the moment it is inaugurated, it would be a nightmarish event right across the Japanese archipelago.”

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