TOKYO -- Yamato Holdings, Japan's leading parcel delivery company, is likely to report a consolidated operating profit of about 5 billion yen ($46 million) for the six-month period through September, an 80% tumble from the year-earlier period as it struggles to cope with rising labor costs and stagnant order growth.
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Japan's Yamato likely to report 80% profit decline
Labor costs pull at delivery company in six-month period through September
Japan's leading parcel delivery company is struggling with stagnant demand for services that recently went up in price.
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