Mitsui & Co (8031 JT) FY25/26 (JPY): Net 834bln (prev. 900.4bln Y/Y), Pretax Profit 1.09tln (prev. 1.14tln Y/Y), Revenue 14tln (prev. 14.7tln Y/Y), guides initial FY Net of 920bln
Mitsui & Co's FY25/26 results show a decline in net profit and pretax profit from the previous year, suggesting potential headwinds in their operations.
Nissan Motor (7201 JT) is cancelling its EV production plans at its Mississippi plant
Japan sells JPY 250bln 10-year I/L JGBs: b/c 3.40x, Yield at the Lowest Accepted Price 0.578%
Mitsui & Co (8031 JT) FY25/26 (JPY): Net 834bln (prev. 900.4bln Y/Y), Pretax Profit 1.09tln (prev. 1.14tln Y/Y), Revenue 14tln (prev. 14.7tln Y/Y), guides initial FY Net of 920bln
Indonesian President Prabowo announces the reduction of ride-hailing commission limits to below 10% (prev. 20%)
Ukrainian forces have reportedly launched another attack on Russia's Tuapse oil refinery causing a fire, according to the Kyiv Independent
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The guidance for FY net profit of 920 billion JPY indicates cautious optimism but remains below the previous year's figures, which could impact investor sentiment and sector outlook in Asian equities.
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