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Government to Release Up to 990 Million Extra Japan Post Shares (News)

Tokyo, Sept. 11 (Jiji Press)—The Japanese government will additionally sell up to 990,099,100 shares in Japan Post Holdings Co., or 22% of the company's outstanding shares, the Finance Ministry said Monday. Proceeds from the sale are expected to total ¥1.3 trillion. The company's stock finished at ¥1,321 on the Tokyo Stock Exchange's first section on Monday. The government plans to spend the…

Japan Post to Raise Mail Rates for First Time in 23 Years (News)

Tokyo, May 31 (Jiji Press)—Japan Post Co., a unit of Japan Post Holdings Co., will raise mail rates on Thursday, the first full-fledged hikes since January 1994, excluding markups for consumption tax increases. The rate for standard postcards will be increased by ¥10 to ¥62. Rates will also go up for other services, such as envelopes and postal items for "Yu-Mail" deliveries. Meanwhile, Japa…

Timeline for November 2015

Prime Minister Abe meets with President Park Geun-hye of South Korea, the Mitsubishi Regional Jet makes its maiden flight, and the Osaka Restoration Association enjoys double success in local elections. These are the top Japan-related stories of November 2015.

“Takuhai” Delivery Service

With a single phone call or trip to a nearby convenience store customers can arrange for a delivery service to pick up their package and deliver it at a specific day and time. Such takuhai services can be used to send a variety of items, including frozen or refrigerated articles as well as large-sized objects, making them an indispensable aspect of life in Japan.

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