PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Earnings from Panasonic, MUFG, Hyundai Engineering & Construction & Lotte Chemical
JAPAN
Aisin (7259 JT) - Co. will spend roughly JPY 32bln building production facilities at two locations in India. (Nikkei)
Dai Nippon Printing (7912 JT) - Co. plans to begin sales of photo printers and automotive parts in India next month. (Nikkei)
Mitsubishi UFJ Group - Co. Q3 (JPY) net rose 6% Y/Y to 520.6bln, 9-month profit rose 3.7% Y/Y to 1.81tln. (Newswires)
Panasonic (6752 JT) - Co. 9-month (JPY) net profit 125bln (prev. 288bln Y/Y), net revenue 5.88tln (prev. 6.40tln Y/Y), Co. lowers FY26 net profit guidance to 240bln from 260bln, Co. unit Panasonic Avionics to partner with China’s Spacesail Constellation for IFC capacity. (Newswires)
Toyota (7203 JT) - Co. plans to make around 30% more hybrid vehicles in 2028 compared with current production levels and expand their manufacturing in the US. (Nikkei)
Tech - Japanese chipmaker Rapidus topped USD 1bln in private investment as IBM (IBM) seeks to join. (Nikkei)
Other News
US, EU, and Japan will sign an MoU within 30 days to strengthen critical minerals supply chains. (Newswires)
SOUTH KOREA
Hyundai Engineering & Construction (000720 KS) - Co. 2025 (KRW) net profit 559.1bln (prev. loss 766.2bln Y/Y). (Yonhap)
LG Uplus (032640 KS) - Co. Q4 (KRW) operating profit rose 20% Y/Y to 170.5bln. (ChosunBiz)
Lotte Chemical (011170 KS) - Co. 2025 (KRW) net loss 2.49tln (prev. loss 1.82tln Y/Y). (Yonhap)
Geopolitical - South Korean Defence Ministry proposed to the US a joint and partial management of the southern half of the Demilitarised Zone (DMZ) separating the two Koreas. (Yonhap)