NEOPOST: YAMATO TRANSPORT AND NEOPOST FORMED A JOINT VENTURE


Yamato Transport and Neopost formED a Joint Venture to LAUNCH an open parcel locker network in Japan

Paris, 11 May 2016

Yamato Transport, the Japanese leader in transportation and parcel delivery handling 1.6 billion parcels a year and Neopost, a major player in Shipping Solutions, via its division Neopost Shipping, today announced having formed a joint venture to operate an open network of secure automated parcel lockers for the delivery of parcels in Japan in accordance with the announcement made on 28 January 2016.

The joint venture is 51% owned by Neopost and 49% by Yamato Transport. The intention is to install 5,000 lockers by 2022 in easily accessible places with high footfall. These parcel lockers will be primarily used for unsuccessful home deliveries which currently represent about 20%[1] of Yamato Transport total parcel deliveries.

The pilot phase which started at the end of last year has proved successful. About 1,000 customers used the installed lockers during this trial period, which resulted in a 2% decline in Yamato Transport missed home deliveries. This had a positive impact on both customer service and the environment.
From June 2016, this open locker network will start to be rolled out in the Tokyo Metro stations in cooperation with East Japan Railway Company.

ABOUT NEOPOST

NEOPOST is the number 2 global supplier in Mail Solutions and a major player in the field of Digital Communications and Shipping Solutions. Its aim is to help companies improve the way they manage interactions with their clients and stakeholders. Neopost provides the most advanced solutions for physical mail processing (mailing systems and folders/inserters), digital communication management (Customer Communication Management and Data Quality applications), and supply chain and e-commerce process optimization (from point of sale to delivery, including associated tracking services).
With a direct presence in 31 countries and more than 6,000 employees, Neopost recorded annual sales of €1.2 billion in 2015. Its products and services are sold in more than 90 countries.

 

Neopost is listed in the A compartment of Euronext Paris and belongs to the SBF 120 index.

For more information, please contact:

Gaële Le Men, Neopost Fabrice Baron, DDB Financial
Financial, External & Internal Communication Director Chairman
Tel: +33 (0)1 45 36 31 39 Tel: +33 (0)1 53 32 61 27
E-mail: g.le-men@neopost.com E-mail: fabrice.baron@ddbfinancial.fr

Or visit our web site: www.neopost.c



[1] Source: Japanese Ministry of Land, Infrastructure and Transport


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