Yamato Holdings Co Ltd (9064.T)
17 Jan 2018
BRIEF-Yamato Holdings To Partner With JD.Com To Ship Products From Japanese Retailers Throughout China - Nikkei
* YAMATO HOLDINGS TO PARTNER WITH JD.COM TO SHIP PRODUCTS FROM JAPANESE RETAILERS THROUGHOUT CHINA , STARTING IN 2018 - NIKKEI Source text : [http://s.nikkei.com/2BKljxm] Further company coverage:
* Yamato Transport has apparently convinced Amazon.com to pay at least 40% more for shipping in Japan - Nikkei
* Books a further 5.2 bln yen charge due to unpaid wage bills (Adds executive comment)
TOKYO, July 31 Yamato Holdings Co, Japan's biggest parcel delivery firm, booked a second straight quarter of losses due in part to hefty payments for unpaid overtime - a quandary that has underscored the challenges of a deepening labour shortage faced by corporate Japan.