AGC (5201 JT) FY (JPY) net 69.2bln (prev. loss 94.0bln Y/Y)
Asahi Glass Co Ltd reported a significant recovery, achieving a net profit of JPY 69.2 billion for the fiscal year, a reversal from a loss of JPY 94.0 billion the previous year.
South Africa Trade Minister says they signed a framework economic partnership with China, while the agreement will be followed by an early harvest agreement by end of March 2026, which will then see China provide duty-free access to South African exports
RBI maintains Repurchase Rate at 5.25%, as expected, via unanimous decision and maintains neutral policy stance
AGC (5201 JT) FY (JPY) net 69.2bln (prev. loss 94.0bln Y/Y)
Subaru (7270 JT) 9-month (JPY) net 83.1bln (prev. 317.4bln Y/Y)
Kobe Steel (5406 JT) 9-month (JPY) net 84.3bln (prev. 116.9bln Y/Y)
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This positive shift signals a potential turnaround story for the company, which could bolster investor confidence and may influence sentiment within the broader Asian equities market, particularly in industrials and materials.
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