PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Earnings from Japan Tobacco, KDDI, Nexon, Nissan, Rakuten & SoftBank

Dentsu (4324 JT) - Co. is reportedly to post a record net loss for fiscal year ended December 2025. (Nikkei)

Honda (7267 JT) - Co. partnership negotiations with Nissan Motor (7201 JT) in areas such as autonomous driving and US production have been tripped up by disagreements over specifics. (Nikkei)

Japan Tobacco (2914 JT) - Co. FY (JPY) net rose 185% Y/Y to 510.2bln, net sales rose 13% Y/Y to 3.47tln. (Newswires)

KDDI (9433 JT) - Glancy Prongay Wolke & Rotter LLP announced it has commenced an investigation on behalf of KDDI investors concerning the Co.’s possible violations of the federal securities laws. (Newswires)

Nexon (3659 JT) - Co. FY25 (JPY) net fell 31.7% Y/Y to 92.1bln, rev. rose 6.5% Y/Y to 475.1bln. (Games Industry)

Nissan (7201 JT) - Co. Q3 (JPY) oper. profit fell 44% Y/Y to 17.5bln (exp. loss 81bln), 9-month loss 250.2bln (prev. profit 5.2bln Y/Y), 9-month net sales fell 6.2% Y/Y to 8.58tln, Co. expects losses to deepen as restructuring continues. (Newswires/Nikkei)

Rakuten (4755 JT) - Co. FY (JPY) net loss 177.9bln (prev. loss 162.4bln Y/Y), rev. rose 9.5% Y/Y to 2.5tln. (Newswires)

Softbank (9984 JT) - Co. 9-month (JPY) net rose around 400% Y/Y to 3.17tln, net sales rose 7.9% Y/Y to 5.72tln. (Newswires)

Toyota Industries (6201 JT) - Toyota Motor (7203 JT) extended the bid for the group’s forklift maker until March 2nd after Elliott's opposition. (Newswires)

IPO News - Japan's PayPay app, which is backed by SoftBank (9984 JT), is set to go public on the Nasdaq in a USD 19.6bln IPO next month. (Nikkei)

Hanssem (009240 KS) - Co. FY25 (KRW) net fell 69.4% Y/Y to 46.3bln, sales fell 8.6% Y/Y to 1.74tln. (Yonhap)

Hybe Co (352820 KS) - Co. FY25 (KRW) oper. profit fell 72.9% Y/Y to 49.9bln, rev. rose 17.5% Y/Y to a record 2.65tln. (Yonhap)

Moody's affirmed South Korea at Aa2; Outlook Stable, while it sees its economy growing 1.8% this year. (Yonhap)