PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Japanese markets reopen from the long weekend and will get their first opportunity to react to recent US tariff developments

The reopening of Japanese markets after a long weekend presents a crucial opportunity for investors to gauge sentiment following recent developments in U.S.

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PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Japanese markets reopen from the long weekend and will get their first opportunity to react to recent US tariff developments

US President Trump's administration is likely to face tough legal obstacles if it opposes refunds for the tariffs struck down by the US Supreme Court, according to Bloomberg

US President Trump reportedly considers new national security tariffs after SCOTUS ruling, in which new levies on a half-dozen industries would be issued separately from the new global 15% flat-rate tariff, according to WSJ

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JAPAN

Astellas Pharma (4503 JT) - Co. entered global strategic collaboration worth USD 1.7bln with Vir Biotechnology (VIR) to advance VIR-5500 for prostate cancer, and will obtain exclusive commercialisation rights excluding the US, Co. will lead US commercialisation with Vir retaining a co-promotion option, and will pay USD 335mln in upfront and near-term milestones, with US profit/loss to be split equally, while Vir is eligible to receive up to additional USD 1.37bln in development, regulatory and sales milestones. (Newswires)

Nexon (3659 JT) - Co. board appointed Patrick Soderlund as Executive Chairman. (Newswires)

Panasonic (6752 JT) - Co. is to transfer its US and European TV sales to China's Skyworth, laying off around 12,000 employees worldwide. (Nikkei)

Seven & I (3382 JT) - Seven-Eleven Japan will this year begin supporting regenerative agriculture at a large coffee plantation in Brazil through a partnership with trading house Mitsui & Co (8031 JT). (Nikkei)

Skylark Holdings (3197 JT) - Co. and Watami (7522 JT) are setting up production facilities in Southeast Asia. (Nikkei)

SOUTH KOREA

Doosan Robotics (454910 KS) - Co. is targeting North America to cut losses amid labour shortages. (ChosunBiz)

GS Retail (007070 KS) - Co. will hold a large-scale March discount promotion across its GS25 convenience store chain for the new school term. (ChosunBiz)

Korea Zinc (010130 KS) - Co. set its AGM for March 24 and is advancing a shareholder-focused governance push. (ChosunBiz)

Lotte Corp (004990 KS) - Lotte Group will for now partner with Affinity Equity Partners and re-approach the Korea Fair Trade Commission after the regulator denied Affinity’s acquisition of Lotte Rental last month. (ChosunBiz)

Context

trade policy, especially tariffs. This news could lead to heightened volatility in both Japanese and South Korean equities, as companies across these markets react to potential impacts on their operations and export scenarios. Look for specific reactions from export-oriented sectors and companies directly engaged in the U.S. market.

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