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Yamato Holdings' high-tech fulfillment center in Tokyo's Ota Ward.
Economy

Logistics giant emerges as unexpected savior for central bank

Bank of Japan hopes others follow Yamato Transport and raise prices

MAKOTO NAKANISHI, Nikkei staff writer | Japan

TOKYO -- Surprisingly, the most talked-about company at the Bank of Japan right now is a logistic company. A planned rate hike by Yamato Transport has raised hopes that Japan's largest parcel shipper will encourage other businesses to also raise prices and help the country achieve its longtime inflation goal.

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