The government’s plan to sell over $10 billion worth of shares in Japan Post Holdings Co. has been clouded by a scandal at its insurance unit. Japan Post was founded in 1871 and joined the EMS Cooperative in 1999 and is one of its founding members. This site uses Cascading Style Sheets (CSS) for visual layout. Official Japan Post Holdings Global Site. EMS is delivered seven days of the week reaching circa 127 million consumers and businesses across Japan. Japan Post, which runs a bank, a life-insurance company and a unit that delivers the mail in Japan, said it may have victimized more than 100,000 customers by selling them disadvantageous products. Company profile page for Japan Post Insurance Co Ltd including stock price, company news, press releases, executives, board members, and contact information All Pages. "Regarding management responsibility, I will announce it at an appropriate time," Nagato told reporters last week. Japan Post Holdings Co.'s insurance unit is conducting a secondary sale of shares held by its parent worth 409 billion yen ($3.7 billion) in a global Japan Post Holdings Co. said Friday its three leaders will resign en masse to take responsibility for the scandal involving a huge number of faulty sales of insurance products, vowing to restore the public's damaged trust in the former state-owned postal and financial giant. BRIEF-Japan Post Insurance receives approval regarding development of new insurance business View the latest Japan Post Insurance Co. Ltd. (7181) stock price, news, historical charts, analyst ratings and financial information from WSJ. Cover,Japan Post Group Overview [PDF:1,963kb]. Improper sales practices for Japan Post Insurance Co. products may have disadvantaged 60,000 more customers than previously known, sources have said. Japan Post Group Annual Report 2014 [PDF:7,935kb]. If your browser does not support stylesheets, the use of structured semantic markup ensures that the content of each page is still readable and clearly structured. Official Japan Post Holdings Global Site. Tadasu Matsuo, head of alternative investments at Japan Post Insurance (JPI), has joined HarbourVest Partners as a managing director where he will co-lead Japan coverage alongside Tatsuya Kubo., North Asia, People, LPs, Japan, Japan Post Insurance, HarbourVest Partners, Appointments Check rates and delivery days. Japan Post Insurance Co Ltd. June 19, 2017 / 3:56 AM / 3 years ago. The Japan Post group likely violated the law or internal rules while selling about 10,000 insurance contracts, according to sources. Japan Post Holdings Co.’s top executive vowed to restore public confidence in the postal giant, which has been rocked by a scandal over missold insurance. Customers can easily access EMS at approx. Official Japan Post Holdings Global Site. JAPAN POST INSURANCE Co., Ltd. (Chiyoda-ku, Tokyo; SENDA Tetsuya, Director and President, CEO, Representative Executive Officer) hereby present a report as in the attached, on the progress of the “Investigation of Rewritten Dedicated to Providing the Public with the Best Possible Services [PDF:3,510kb] (Operations of Japan Post Group Companies, Business Performance) Japan Post Insurance on LinkedIn, Twitter & YouTube. It had over 400,000 employees and ran 24,700 post offices throughout Japan and was the nation's largest employer. Sitemap (Japanese Version Only) ... Handling of mail in Asian countries/territories during the Lunar New Year period: January 8, 2020 [Back to normal] Delay of mail delivery to Indonesia: Back to International Mail Top. Japan Post Holdings Co., Ltd. (日本郵政株式会社, Nippon Yū-sei Kabushiki-gaisha) is a Japanese publicly traded conglomerate headquartered in Kasumigaseki, Chiyoda, Tokyo.It is mainly engaged in postal and logistics business, financial window business, banking business and life insurance business. A company panel looked at 183,000 suspected cases of improper sales at Japan Post Insurance and Japan Post and found that of those, 12,836 are suspected of violating a law or in-house rules as of Dec. 15. Japan Post Insurance has 3,706 competitors including The Mediterranean & Gulf Insurance & Reinsurance (Saudi Arabia), Allianz SE (Germany) and Axa (France). If your browser does not support stylesheets, the use of structured semantic markup ensures that the content of each page is still readable and clearly structured. Latest news about Japan Post Insurance. This site uses Cascading Style Sheets (CSS) for visual layout. Japan Post Holdings Co.’s insurance unit is conducting a secondary sale of shares held by its parent worth 409 billion yen ($3.7 billion) in a global offering. 24,000 post offices across the country. The most important insurance news, in your inbox every business day. Features of International Parcel Post There are three shipping types: Airmail, Surface mail and Economy Air (SAL). Calculate by destination, type of articles and weight. Japan Post Insurance Co., Ltd. (株式会社かんぽ生命保険, Kabushiki-gaisha Kanpo Seimei Hoken), is a Japanese life insurer that was established on October 1, 2007, with the privatization of Japan Post Life Insurance (簡易保険, Kan'i Hoken, lit. An investigation by the Japan Post group has found some 9,000 cases of improperly sold insurance, the Yomiuri Shimbun reported on Sunday, adding the group will release the findings on Dec. 18. IR News of Japan Post Insurance (FY2020) December 16, 2020: Notice Regarding Media Article: December 14, 2020 (Update on the Previous Disclosure) Progress of the Business Improvement Plan: December 3, 2020 (Update on the Previous Disclosure) Progress of the Business Improvement Plan and other initiatives: November 26, 2020 Japan Post was a government-owned corporation in Japan, that existed from 2003–2007, offering postal and package delivery services, banking services, and life insurance. News from Japan. In Au 7 of 9 Major Japan Life Insurers Post Lower 1st-Half Profits. Japan Post Insurance had said in August it possibly sold a total of about 183,000 insurance policies that could have been disadvantageous to policy holders, over the five years through fiscal 2018. A discount that offers a 10% to 20% available depending on the number of articles posted. "Simple Insurance").It is part of the Japan Post Holdings group. Japan Post Insurance on Wikipedia, Google News & Yahoo Finance. Selected Pages. The investigation is ongoing. Tokyo, July 19 (Jiji Press)--Nippon Life Insurance Co. has asked Japan Post Co. to suspend temporarily the commissioned sales of one of its insurance products, it was learned Friday.