Japan Post reported a 1% drop in total revenue in 2018, with postal service growth offset by declines for financial services, retail and international logistics.

Driven by steady growth for parcels and express volumes and improved yields, Japan Post recorded 5% postal revenue growth for the year. However, revenue for financial service subsidiaries fell 2% in 2018. Weaker performance for Japan Post Insurance is also expected for 2019, following a suspension of new policy sales in Q4. For more details download the latest IPC Carrier Intelligence Report for Japan Post.

 

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.