Yamato Holdings’ revenue growth accelerated in 2016, driven by higher parcel volumes for its Delivery Business. However, revenue per parcel continued to fall, with growth in volumes from large customers outstripping consumer volume growth. Increased volumes, as well as staff shortages, led to a decline in profitability for 2016. Yamato is seeking to improve delivery profitability and plans to launch a network of 3,000 parcel locker terminals by March 2018. For more details, download the IPC Carrier Intelligence Report for Yamato Holdings. If your company has not yet subscribed to IPC’s Carrier Intelligence Reports, please visit this page or email us at market.intelligence@ipc.be.