PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: Poll shows Japan’s LDP party is likely to win a landslide victory

JAPAN

Nomura (8604 JT) - Co. Q3 (JPY) fell 9.7% Y/Y to JP 91.6bln (exp. 95.1bln), Co. announced a JPY 60bln buyback. (Newswires)

Takeda (4502 JT) - Co. 9-month (JPY) net rose 2.4% Y/Y to 216.1bln, rev. fell 3.3% Y/Y to 3.4tln. (Newswires)

Toyota (7203 JT) - Co. is to recall more than 161k US vehicles due to the rear-view camera display. (Newswires)

Consumer/Beauty - Bain Capital is to acquire Tsubaki shampoo maker FineToday Holdings in a deal estimated at JPY 200bln. (Nikkei)

Other News

Japanese PM Takaichi said in a speech on Saturday that the yen’s recent depreciation boosted exporters and returns from the government’s foreign exchange fund, while she failed to address concerns regarding the effect on consumer prices. However, she attempted to clarify on Sunday that she was referring solely to the need to build an economic structure that can withstand currency fluctuations, and not to stress the advantages of a weaker currency. (Newswires)

Japan’s LDP party is likely to win a landslide victory and exceed a majority of 233 seats, while the ruling bloc (LDP + Ishin) may win more than 300 seats in the 465-seat parliamentary snap election on February 8th, according to a survey. (Asahi)

Japan and the UK agreed to deepen defence and security cooperation. (Newswires)

SOUTH KOREA

CJ CheilJedang (097950 KS) - Co. launches Matkong soybean snacks as Korea's wellness trend grows. (ChosunBiz)

Other News

Fitch maintained South Korea’s rating at AA-, Outlook Stable. (Yonhap)