Japan Post raises postage prices for letters and postcards in Oct to boost profitability amid falling demand.
Japan Post to raise postage prices for letters and postcards in Oct, aiming to boost profitability amid falling demand. Postage rates will increase to 110 yen for standard-size letters (25g or less) and 85 yen for postcards, marking the first postage hike since 1994 for letters and 2017 for postcards. Japan Post's postal business incurred an operating loss of 21.1 billion yen in fiscal 2022 due to falling demand.
June 16, 2024
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