From:  Richard Susilo  
Date:  Tue May 8, 2003  12:03 pm
Subject:  Pos Jepang Bongkar Paket
Dan Kekayaan Pos Jepang (Baca Berita Nikkei di bawah)

Kini (jelasnya tak tahu) Pos Jepang mulai membongkar paket pos yang datang 
dari luar Jepang, termasuk EMS, lalu diberikan cap khusus.

Lihat gambar berikut.

Hal ini dampak dari teror dunia dan saya perkirakan baru mulai dilakukan 
tahun ini pembongkarabn paket pos di Jepang. tetapi setelah dibongkar, 
mereka menutup dengan sangat rapi.

Richard Susilo
From:  "Susilo Richard" 
Date:  Tue Apr 1, 2003  12:17 am
Subject:  Japan Post Set To Compete More Fiercely With Private Firms

Tuesday, April 1, 2003 
Japan Post Set To Compete More Fiercely With Private Firms 

TOKYO (Nikkei)--Japan Post, formerly known as the Postal Service Agency, 
will start operations Tuesday with the largest shares of the nation's 
markets for land transport as well as savings and insurance services.

The public entity, which will continue to enjoy special tax and other 
treatment, is poised to break into the areas of business where its 
private-sector counterparts are leading. This will pose a considerable 
threat to private companies as viable entities.

In the mail delivery business, Japan Post and private-sector carriers such 
as Yamato Transport Co. (9064) will try to break into each other's areas of 

Japan Post will this month start offering a new service that falls 
somewhere between a mail delivery service and a package delivery service. 
Senders can mail correspondence and other items in a special envelope sold 
for 500 yen, without attaching a postage stamp or worrying about the weight 

Private companies will, in turn, bolster their direct mail service that 
competes directly with Japan Post's personal correspondence delivery 
service. Yamato Transport will effectively cut prices for its direct mail 
delivery starting Tuesday. Sagawa Express Co. and Nippon Express Co. (9062) 
are considering similar measures as well.

Nonetheless, private-sector carriers face considerable restrictions in 
their direct mail service. They are, for instance, prohibited from handling 
direct mail that does not specify receivers' names.

In the financial industry, private firms are voicing opposition to the 
expansion of Japan Post's savings and life insurance operations, 
complaining that competition with Japan Post is not taking place on a level 
playing field. For example, Japan Post is exempted for the time being from 
making contributions to state coffers, which are equivalent to corporate 

Private life insurers, in particular, are dead-set against the growth of 
the public entity.

While life insurers have been hit hard financially by the ongoing stock 
market downturn, Japan Post's predecessor increased the value of individual 
policies in force on the back of the government's creditworthiness, raising 
its market share of the domestic life insurance market to 11.9% in fiscal 
2001. Its total assets accounted for more than 80% of combined 
individual-policy assets at all commercial life insurers.

Japan Post "will compete for the same customers as private firms, but it 
will play by different rules than us," complains Shinichi Yokoyama, 
chairman of the Life Insurance Association of Japan.

In contrast, major banks are moving to strengthen cooperative ties with 
Japan Post. Sumitomo Mitsui Banking Corp., for example, will ally with the 
new entity in letting their customers use each other's ATMs. Quite a few 
banks seem eager to use Japan Post's 24,000 post offices nationwide and tap 
into the postal savings totaling more than 200 trillion yen.

But regional financial institutions with smaller asset bases remain 
critical of Japan Post, fearing that the public entity will continue to 
steal business from the private sector. They are particularly worried that 
competition will heat up further if Japan Post decides to bolster its 
postal savings services, which are popular in regional cities.

Meanwhile, companies in other areas of business are preparing to forge an 
alliance aggressively with Japan Post. The prime example is convenience 
store operators like Lawson Inc. (2651).

According to a Japan Franchise Association survey, 52.2% of consumers in 
large metropolitan areas want convenience stores to offer mail delivery 
services at night. To tap this demand from customers, Lawson has set up 
mailboxes at some 7,600 outlets nationwide since January. It also plans to 
open stores in some post offices in the greater Tokyo area by this June.

(The Nihon Keizai Shimbun Tuesday morning edition)
From:   "Richard Susilo"  
Date:  Tue Apr 1, 2003  8:08 am
Subject:  Japan Post Account Lifts BOJ Deposit Balance To Record Y34tln


Tuesday, April 1, 2003 
Japan Post Account Lifts BOJ Deposit Balance To Record Y34tln 

TOKYO (Nikkei)--The Bank of Japan on Tuesday guided the outstanding 
balance of current-account deposits -- placed with the central bank 
by private banks -- to a record 33.70 trillion yen, about 2.8 
trillion yen higher than the previous day.

Japan Post, which took over postal operations from the Postal 
Services Agency on April 1, opened its account with the BOJ on the 
same day. This factor, coupled with social security-related payments 
made by the government to the private sector through banks, also 
helped boost the outstanding balance.

Japan Post's deposit balance and social security-related payments, 
totaling 6 trillion yen, are estimated to have flowed into the money 

At regular monetary operations in the early morning and shortly after 
noon, the BOJ drained a total of 2.5 trillion yen worth of funds from 
the money market.

At its policy board meeting on March 5, the central bank agreed that 
Japan Post will pool its deposits -- the equivalent of reserve 
deposits by banks -- at the BOJ.

At the same time, the central bank decided to raise the daily target 
for the overall balance of current-account deposits by 2 trillion yen 
to 17-22 trillion yen, starting April 1, expecting some 2 trillion 
yen of daily deposits added by Japan Post.

In reality, however, the postal authority is likely to have deposited 
a larger amount of money on Tuesday than the BOJ had expected.

(The Nihon Keizai Shimbun Tuesday evening edition)