PRE-MARKET JAPANESE AND SOUTH KOREAN STOCK NEWS: Earnings deluge
JAPAN
Dentsu (4324 JT) - Co. FY (JPY) net loss 192.2bln (prev. loss 10.7bln Y/Y). (Newswires)
Fuji Electric (6504 JT) - Co. 9-month (JPY) net rose 48.7% Y/Y to 55.4bln. (Newswires)
Fujitsu (6702 JT) - Co. expects US President Trump’s trade tariffs to hit its North American operations this year. (Nikkei)
Japan Post Bank (7182 JT) - Co. 9-month (JPY) net rose 17% Y/Y to 308.4bln. (Newswires)
Japan Post Holdings (6178 JT) - Co. 9-month (JPY) net rose 19.4% Y/Y to 265bln. (Newswires)
Japan Post Insurance (7191 JT) - Co. 9-month (JPY) net rose 29.6% Y/Y to 84.4bln. (Newswires)
Kirin (2503 JT) - Co. 9-month (JPY) net fell 48.3% Y/Y to 58.2bln. (Newswires)
Kobe Steel (5406 JT) - Co. forms a China JV producing automotive aluminium panels with Baoshan Iron & Steel (600019 CH) and Baowu Aluminum. (Newswires)
Mitsubishi HC Capital (8593 JT) - Co. 9-month (JPY) net rose 8% Y/Y to 87.0bln. (Newswires)
MS&AD Insurance (1878 JT) - Co. 9-month (JPY) net rose 122.3% Y/Y to 626.1bln. (Newswires)
Olympus Corp (7733 JT) - Co. 9-month (JPY) net fell 67.5% Y/Y to 76.4bln. (Newswires)
SoftBank (9984 JT) - Co. cut its passive stake in Alibaba (9988 HK) to 8% as of end-December 2024 from 11.8% as of end-September 2024. (Newswires)
Sompo (8630 JT) - Co. 9-month (JPY) net rose 18.2% Y/Y to 381.9bln. (Newswires)
Tokio Marine (8766 JT) - Co. 9-month (JPY) net rose 73% Y/Y to 895.2bln. (Newswires)
Zenhoren (5845 JT) - Mitsubishi UFJ Financial Group (8306 JT) unit is to offer JPY 1,000/shr vs last close JPY 758/shr to buy Zenhoren shares and aims to hold a 50.26% stake in the Co. (Newswires)
SOUTH KOREA
Naver (035420 KS) - Co. unit is to invest in Studio Lab which is an AI-powered e-commerce content startup. (Newswires)
Other News
South Korean acting President asked a business delegation visiting the US to find opportunities to work with the Trump administration and noted that the Industry Minister and Trade Minister will visit the US in the near future to discuss cooperation. (Newswires)
South Korean Foreign Minister Cho requests seeking mutually beneficial solution to US tariff issue. (Newswires)
16 Feb 2025 - 23:47- EquitiesResearch Sheet- Source: Newswires
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