PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Nintendo (7974 JT) Q3 (JPY) oper. income 155.21bln (exp. 180.7bln), 9-month net rose 51.3% Y/Y to 358.9bln, 9-month net sales rose 99.3% Y/Y to 1.9tln

Nintendo's latest quarterly results show a significant miss on operating income compared to expectations, which could raise concerns about the sustainability of their growth momentum given the sharp decline in Switch sales.

Newsquawk StaffPublished On the live feed at 3 more headlines followed before this page went public
Newsquawk headlinesUTC

Australia sells AUD 1.1bln 4.25% 2036 bonds, b/c 3.73, avg. yield 4.9012%

New Zealand ANZ Commodity Price Index MM (Jan) +2.0% (Prev. -2.1%)

PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Nintendo (7974 JT) Q3 (JPY) oper. income 155.21bln (exp. 180.7bln), 9-month net rose 51.3% Y/Y to 358.9bln, 9-month net sales rose 99.3% Y/Y to 1.9tln

PRE-MARKET AUSTRALIAN STOCKS NEWS: Amcor (AMC AT) Q2 (USD) EBITDA rose 83% Y/Y to 826mln, net sales rose 68% Y/Y to 5.4bln

Fed Governor Miran resigned on Tuesday from his position as Chair of Council of Economic Advisers, Barron's reports citing a White House official

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.

JAPAN

Fast Retailing (9983 JT) - Co. January same-store sales including online sales rose 14% Y/Y. (Newswires)

Honda (7267 JT) - American Honda sales rose 1.9% Y/Y to 98,594 units. (Honda)

IHI Corp (7013 JT) - Co. plans to invest JPY 20bln over the next three years to increase production of nuclear power plant components. (Nikkei)

Mazda (7261 JT) - Co. North America January sales fell 14% Y/Y to around 29k units. (Newswires)

Mitsubishi Electric (6503 JT) - Co. Q3 (JPY) net fell 20.5% Y/Y to 108.8bln, rev. rose 66.7% Y/Y to 1.4tln, 9-month net income 298.3bln (prev. 248.1bln Y/Y), 9-month sales 4.16tln (prev. 4.00tln Y/Y). (The AI Journal/S&P Capital IQ)

Nitto Boseki (3110 JT) - Co. aims to offer an upgraded version of its in-demand glass fibre cloth crucial to AI chips, as early as 2028. (Nikkei)

Nintendo (7974 JT) - Co. Q3 (JPY) oper. income 155.21bln (exp. 180.7bln), 9-month net rose 51.3% Y/Y to 358.9bln, 9-month net sales rose 99.3% Y/Y to 1.9tln, 9-month Switch sales fell 66% Y/Y, while Switch 2 sales reached over 17mln units since its release last June, Co. sees FY net sales 2.25tln (exp. 2.37tln). (Newswires)

Toyota Motor (7203 JT) - Co. January US sales rose 8.1% Y/Y to 176.8k units. (Newswires)

SOUTH KOREA

Hanwha Aerospace (012450 KS) - Co. proposed ground defence solutions to Canada’s defence procurement minister. (Yonhap)

Hyundai Mobis (012330 KS) - Co. forms global alliance for next-generation display technologies. (Yonhap)

Innocean Worldwide (214320 KS) - Co. Q4 (KRW) oper. profit rose 7% Y/Y to 45.7bln. (Newswires)

Kiwoom Securities (039490 KS) - Co. 2025 net income rose 33.5% Y/Y to KRW 1.11tln. (Yonhap)

LG Electronics (066570 KS) - Co. is to unveil next-generation component technologies at AHR Expo 2026. (Newswires)

SK Innovation (096770 KS) - SK On is in talks with a US defence firm to supply batteries for unmanned underwater vehicles powered by AI. (Yonhap)

BoK Minutes - BoK Minutes noted one board member said further rate cuts should only be considered after risks related to FX and housing markets ease, while, another member said the current interest rate is appropriate to meet the medium inflation target, and achieve financial stability. Furthermore, a board member said monetary policy should continue to focus on supporting economic growth and achieve financial stability. (Newswires)

Other News

South Korea and US top diplomats reaffirmed cooperation on civil nuclear power, nuclear-powered subs and shipbuilding. (Yonhap)

Context

However, the substantial year-on-year increase in net income and sales highlights strong performance in their broader portfolio, indicating potential resilience as they adapt to market changes. The downward revision in full-year sales guidance suggests cautious sentiment going forward, and could impact investor outlook on the stock.

Related headlines

The whole workspace, free to try.

Try it free