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Prime Minister Lawrence Wong announced a S$1.5 billion expansion of Singapore’s equity market support program during his national budget speech, a move designed to reinforce the city-state's standing as a premier global financial hub.
Shares of Meituan tumbled to their lowest level since March 2024 on Thursday after Moody’s Ratings shifted its outlook for the Chinese food-delivery giant to negative. The stock dropped as much as 5.1% in Hong Kong, eventually closing 4.5% lower at HK$84.85, as analysts warned that escalating competition and heavy investment requirements would continue to weigh on the company’s profit margins.
U.S. and European markets climbed on Tuesday morning as investors weighed a mix of corporate earnings and fluctuating energy prices. S&P 500 and Dow futures rose 0.3%, while European benchmarks like the CAC 40 and DAX posted gains of over 1%, signaling a resilient start for Western equities despite volatility in the Asian sector.
Yamato Industry Co. Ltd. (7886.TO) reported a net loss of ¥421 million for the nine months ended December 31, a sharp reversal from the profit recorded during the same period last year. The Japanese manufacturer faced a significant contraction in sales, with revenue falling nearly a third as operational pressures mounted.
Wakachiku Construction Co. Ltd. reported a significant jump in its bottom line for the nine months ended Dec. 31, as a surge in revenue fueled a 21% rise in net profit. The Tokyo-listed firm saw its net income climb to ¥2.60 billion, up from ¥2.14 billion in the prior-year period, according to financial data released under Japanese accounting standards.
HelloFresh shares tumbled 9.3% after the German meal-kit provider announced it would shutter its Italian operations and initiate layoffs in Spain. The retreat highlights the company's struggle to find a path to sustainable profitability in Southern Europe amid broader revenue declines and volatile weather conditions.
EssilorLuxottica shares jumped more than 5% on Thursday following an earnings report that highlighted the explosive success of its smartglasses collaboration with Meta Platforms. The Franco-Italian eyewear giant reported that surging demand for AI-integrated Ray-Ban and Oakley frames drove annual revenue to 28.5 billion euros, signaling a strategic pivot from traditional optics to high-growth wearable technology.
Tokyo-based Image Information Inc. (3803.TO) reported a net loss of ¥208 million for the nine months ended December 31, reversing a year-ago profit despite a significant increase in revenue. The company's latest financial disclosure reveals a widening gap between top-line growth and operational efficiency under Japanese accounting standards.
Shares in Adyen plummeted to a two-year low on Thursday after the Dutch payments firm reported full-year revenue that missed analyst expectations and issued a conservative earnings forecast for the year ahead. The stock dropped 16% in early European trading, reflecting investor anxiety over the company’s near-term growth trajectory despite a significant rise in annual profitability.
Fukuoka-based i3 Systems Inc. (4495.TO) posted a sharp increase in its first-half earnings for the period ending December 31, fueled by double-digit revenue growth and expanding margins. The company’s net profit climbed to ¥432 million, up from ¥280 million in the prior year, as demand for its enterprise solutions continues to scale in the Japanese market.
Envipro Holdings Inc. reported a surge in profitability for the first half of its fiscal year ended December 31, with net income nearly tripling to ¥933 million. While the Japanese environmental services firm faced a decline in overall revenue, a sharp rise in operating efficiency drove the bottom-line growth.
Chiyoda Integre Co. Ltd. reported a contraction in its full-year earnings for the period ending December 31, 2025, as net profit fell to 2.62 billion yen from 3.23 billion yen the previous year. The Tokyo-listed manufacturer faced headwinds across its core metrics, reflecting a broader downturn in operational performance compared to the 2024 fiscal period.
Royal Hotel Ltd. (9713.TO) reported a sharp increase in revenue and operating income for the nine months ended December 31, though net profit remained largely flat compared to the previous year. The Osaka-based hospitality group saw its top-line performance climb to ¥22.42 billion, even as bottom-line growth was tempered by non-operating factors and shifting cost structures.
Tokyo-listed Value HR Co. Ltd. reported a significant climb in annual revenue for the fiscal year ended Dec. 31, crossing the ¥10 billion threshold even as rising operational costs led to a double-digit decline in net profit.
Tokyo-based media firm All About Inc. reported a consolidated net loss of 164 million yen for the nine months ending Dec. 31, as a slight dip in revenue offset incremental improvements in the company’s operating efficiency.
G-Tekt Corp. reported a significant decline in its nine-month earnings for the period ending Dec. 31, as the Japanese automotive parts manufacturer grappled with cooling revenue and tightening margins. Net profit for the group fell to ¥6.29 billion, down from ¥8.92 billion in the same period last year, reflecting a broader slowdown in industrial demand.
Konoike Transport Co. Ltd. reported a decline in net profit for the nine months ended December 31, even as the Japanese logistics firm saw its top-line revenue and operating income climb. The company posted a net profit of ¥12.49 billion, down from ¥13.80 billion in the same period last year, reflecting a tightening of margins despite increased business volume.
QD Laser Inc. reported a significant narrowing of its nine-month net loss for the period ending Dec. 31, 2024, as the Japanese photonics specialist saw a steady uptick in top-line growth. The Tokyo-listed company reduced its net deficit to ¥223 million, down from a ¥328 million loss in the same period a year earlier, according to its latest financial filing.
Sakurai Ltd (7255.TO) reported a sharp rise in nine-month net profit to ¥166 million, fueled by a successful return to operating profitability and steady revenue growth through Dec. 31.
French pharmaceutical giant Sanofi has appointed Merck KGaA chief executive Belen Garijo to succeed Paul Hudson, following a board decision not to renew Hudson’s mandate. Garijo, a former Sanofi veteran, will take over the top role on April 29, as the company looks to instill greater operational rigor and accelerate its long-term strategic goals.
TV Asahi Holdings Corp. reported a significant increase in net profit to 27.40 billion yen for the nine-month period ending December 31, outperforming the 19.26 billion yen earned during the same timeframe last year.
Japanese logistics provider Zero Co. Ltd. (9028.TO) saw its net profit decline to ¥3.04 billion for the first half of the fiscal year ending December 31, 2024, as a contraction in revenue weighed on the group's bottom line.
Origin Co. Ltd. (6513.TO) reported a sharp downturn for the first nine months of its fiscal year, swinging to a net loss of ¥1.14 billion as operating margins evaporated. The Japanese manufacturer saw its performance falter across all key financial metrics compared to the previous year, according to its latest earnings disclosure for the period ending December 31, 2024.
Nihon Plast Co. Ltd. reported a nine-month net profit of ¥1.54 billion, growing its bottom line despite a year-on-year decline in revenue and operating income.
Japanese automotive seating specialist Tachi-S Co. Ltd. reported a net profit of ¥5.10 billion for the nine-month period ending December 31, nearly matching its prior-year performance despite a significant contraction in group revenue.
Central Automotive Products Ltd. reported a net profit of ¥7.21 billion for the nine months ended December 31, marking a significant increase from the ¥6.46 billion recorded during the same period last year. The Osaka-based company saw growth across all primary financial metrics, underpinned by a double-digit rise in top-line revenue.
Japanese industrial supplier O-Well Corp. (7670.TO) reported a 6.5% increase in net profit for the nine months ended December 31, despite a slight contraction in overall revenue. The company posted a net income of ¥829.00 million, up from ¥778.00 million in the prior-year period, according to its latest financial disclosure.
Inui Global Logistics Co. Ltd. reported a sharp decline in its nine-month bottom line ending December 31, with net profit tumbling to ¥611 million from ¥4.32 billion in the same period last year. Despite the earnings pressure, the Japanese logistics firm managed a slight uptick in revenue, signaling a significant squeeze on operating margins.
Kycom Holdings Co. Ltd. posted a steady climb in its bottom line for the nine months ending December 31, with net profit reaching ¥351 million as the Japanese firm expanded its revenue base.
Japanese pharmaceutical wholesaler Suzuken Co. Ltd. reported a net profit of ¥31.01 billion for the nine months ended Dec. 31, according to its latest financial filing, narrowly outpacing the previous year’s performance despite a contraction in operating income.