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The mammoth institution, which sells three main products postal services, savings and insurance is supposed to become a leaner, profit-seeking operation.For Japan's beleaguered banks and life insurers, this is scary.
But in the distressed times that have reshaped Wall Street into a land of leaner profits, it is unlikely that the class of 2008 will see the eye-popping, multimillion-dollar paydays of years past.
Although slow in coming Japanese refer to the last ten years as the lost decade many companies are making strides in transforming themselves from seeming to be oblivious to shareholder returns into leaner, profit-oriented businesses.
The latter reported its first full-year profit since the outbreak of the financial crisis, but the bank's shares fell 6.4% due to leaner profits than anticipated for the fourth quarter.
While Mr. Weitzman touts the drug card as a boon to county residents, pharmacists argue that the price breaks eat into already lean profit margins.
The auto industry is coming back, and the Big Three — Chrysler, Ford and General Motors — are now leaner, generating profits despite lower annual sales.
What was once a secluded refuge from the pressures of the business world is now a far leaner, more profit-oriented company where nobody can count on a lifetime job.
The rise of B corps is a reminder that the idea that corporations should be only lean, mean, profit-maximizing machines isn't dictated by the inherent nature of capitalism, let alone by human nature.
Bond guru behind world's largest mutual fund predicting U.S. economy will experience prolonged period of lackluster growth, lean corporate profits.
Within three years RBS will have to sell its insurance unit, its commodities activities (some of which JPMorgan bought on February 16th), its credit-card payments business and some branches in England.The plan is that by 2011 the bank will be smaller, leaner and in profit.
Sales of bottled water, on which Coke has begun to lean heavily for profit increases, have also begun to slow.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com