Japan Post Holdings Co.’s insurance unit plans to buy back up to 29% of its shares for about 439.8 billion yen ($4 billion) as its parent company reduces its stake, giving the insurer more freedom to expand its business. Japan …
Japan Post Holdings Co.’s insurance unit plans to buy back about 300 billion yen ($2.9 billion) of shares from its parent, giving the insurer more freedom to expand its business, according to people with knowledge of the matter. The holding …
The heads of Japan Post Holdings Co Ltd and two affiliates said on Friday they will resign over the improper sales of insurance policies, after the regulator announced administrative punishments against the companies. Japan Post Holdings said it had picked …
Japan’s government is considering holding off on its plan to sell about $10 billion worth of shares in Japan Post Holdings Co. through this fiscal year following scandals involving its insurance unit, according to people familiar with the situation. Concern …
Japan’s financial regulator is considering ordering Japan Post and Japan Post Insurance to suspend sales of insurance policies, the Nikkei Shimbun reported Monday. The Financial Services Agency (FSA) will also seek clarification of responsibility at the Japan Post Group for …
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. The subsidiary, Japan Post Insurance Co., is voluntarily refraining from active product sales amid …
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. In its first sale since its listing in November 2015, Japan Post Insurance …
Japan’s government received orders for all the shares it’s offering in Japan Post Holdings Co. and its banking and insurance units after the first two days of bookbuilding, people with knowledge of the matter said. Investor orders through Oct. 9 …
State-owned Japan Post on Wednesday set indicative price ranges for a trio of initial public offerings in what it hopes to make a ‘must-have’, $12 billion privatization, Japan’s biggest in three decades. In IPOs set for Nov. 4 squarely targeted …
