PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Japanese PM Takaichi's landslide election victory

JAPAN

Isetan Mitsukoshi (3099 JT) - Co. 9-month (JPY) net rose 10.3% Y/Y to 51.3bln, rev. fell 2.7% Y/Y to 406.3bln. (Newswires)

KDDI (9433 JT) - Co. announced that it has decided to postpone the disclosure of its earnings report for the third quarter of the fiscal year ending March 2026, and that the disclosure of the earnings report for the third quarter of the fiscal year. (Newswires)

Mitsui Fudosan (8801 JT) - Co. 9-month (JPY) net rose 52.7% Y/Y to 219.8bln, rev. rose 18.2% Y/Y to 1.98tln. (Newswires)

Other News

Japanese PM Takaichi’s LDP party won a landslide victory at the snap election on Sunday with NHK exit polls showing the party alone is set for a majority with 274-328 seats and the coalition (LDP + Ishin) could win 302-366 seats in the 465-seat lower house, while a super majority of at least 310 seats would allow them to bypass or override the upper house on legislation. (Newswires)

Japanese PM Takaichi said they will speed up consideration for sales tax cuts and will submit the bill if the government council approves the sales tax cut, while she reiterated that a weak yen has both merits and demerits, and noted her goal is to build a resilient country against forex swings. Furthermore, she said they will continue with responsible, proactive fiscal policy and reiterated to place importance on fiscal sustainability, as well as noted that she is thinking of making major changes to the current cabinet. (Newswires)

SOUTH KOREA

Samsung C&T (028260 KS) - Samsung C&T revamps Beanpole Golf with new identity and functional line. (ChosunBiz)

Samsung Electronics (005930 KS) - Co. is to begin mass production of HBM4 chips later this month. (Yonhap)