Japanese IT services firm System Support Inc. reported a significant climb in its first-half earnings for the period ended December 31, driven by robust revenue growth and improved operating margins. Net profit for the group reached ¥1.01 billion, up from ¥792 million in the same period a year earlier, as the company capitalizes on steady demand for enterprise systems.
Toho Acetylene Co. Ltd. reported a marginal decline in its nine-month financial performance for the period ending December 31, 2024, as operating and net profits softened amid a slight contraction in revenue. The Japanese industrial gas provider saw its net income fall to 830 million yen, down from 863 million yen in the same period a year earlier.
Singapore’s benchmark FTSE Straits Times Index (STI) breached the 5,000-point threshold for the first time on Thursday, marking a significant milestone in the city-state’s aggressive push to revitalize its equity market. Driven by robust corporate earnings and government-led stimulus, the index climbed 0.6% to reach 5,016.84 by midday, cementing its status as a resilient hub for global capital amid regional volatility.
Matsui Construction Co. Ltd. reported a sharp rise in profitability for the nine months ending December 31, with net income surging to ¥3.65 billion despite a slight decline in top-line revenue. The results highlight a significant improvement in operational efficiency for the Japanese builder compared to the same period last year.
Tokyo-based Takashima & Co. Ltd. reported a net profit of ¥1.15 billion for the nine months ended December 31, representing an 18.5% increase even as consolidated revenue faced a slight year-on-year decline.
Tokyo-based mobile retailer Bell-Park Co. Ltd. reported a sharp increase in annual earnings for the fiscal year ended December 31, with net profit climbing to ¥4.13 billion. The results reflect a strong period of growth for the independent distributor, which saw its top-line revenue expand by more than 11% year-over-year.
Suruga Bank Ltd. reported a sharp increase in net profit for the nine months ending Dec. 31, as the Japanese lender capitalized on rising revenues. The bank’s net income reached ¥23.90 billion, up from ¥18.37 billion in the prior-year period, according to financial data released under Japanese accounting standards.
Shiseido Co. shares surged more than 16% on Thursday, marking their sharpest single-day rally in over 17 years. The jump follows a robust earnings report where the Japanese cosmetics leader exceeded profit guidance and issued an aggressive outlook for the coming fiscal year.
Tomoe Corp. (1921.TO) reported a sharp contraction in its bottom line for the nine months ended Dec. 31, with net profit falling to ¥1.62 billion from ¥14.41 billion in the prior-year period. The Tokyo-listed firm saw declines across all major financial metrics, reflecting a significant correction from the previous year’s performance.
Shares of Singapore’s StarHub plummeted on Thursday after the telecommunications provider reported a nearly 50% drop in second-half profit and issued a cautious 2026 forecast that dampened hopes for a market recovery.
Chikaranomoto Holdings, the Japanese operator behind the global Ippudo ramen chain, reported a net profit of ¥1.57 billion for the nine months ended December 31, a nearly 10% increase from the previous year. While the company saw a healthy rise in top-line revenue, tightening margins weighed on operating performance during the period.
Toyo Engineering Corp. reported a significant reversal in its financial performance for the nine months ending December 31, swinging to a net loss of ¥17.49 billion as revenue sharply declined compared to the previous year.
SBI Insurance Group Co. Ltd. reported a significant jump in net profit to 2.90 billion yen for the nine months ended December 31, as the Japanese insurer capitalized on a double-digit expansion in total revenue.
Osaka-based Shikibo Ltd. reported a more than twofold increase in net profit for the nine months ended Dec. 31, according to its latest financial filing, even as operating income faced significant headwinds.
Nikken Kogaku Co. Ltd. reported a 15.2% increase in net profit for the first nine months of the fiscal year, bolstered by a significant expansion in top-line revenue. The Tokyo-listed company earned ¥220 million for the period ending Dec. 31, up from ¥191 million a year earlier, as it successfully converted higher sales into bottom-line growth.
Budweiser Brewing Co. APAC saw its stock price slide as much as 5.2% on Thursday after reporting a 33% collapse in annual net profit, driven largely by persistent volume declines across its core Chinese market.
Tokyo-listed cybersecurity provider Asgent Inc. (4288.TO) has successfully pivoted back to profitability, reporting a net income of ¥151 million for the nine months ending December 31. The result marks a decisive recovery from the ¥207 million loss recorded during the same period last year, driven by a significant expansion in top-line revenue.
RenaissanceRe Holdings Ltd. announced a 2.5% increase to its quarterly dividend alongside a new $750 million share repurchase authorization on Wednesday, reinforcing its commitment to shareholder returns. The Bermuda-based reinsurer's board approved the measures as the company leverages a strong capital position in a hardening insurance market.
Great-West Lifeco Inc. announced a 10% increase to its quarterly dividend on Wednesday, raising the payout to C$0.67 per share as the Canadian insurer continues to return capital to investors.
Strata Skin Sciences shares plummeted 49% in after-hours trading Wednesday following the medical technology firm's announcement that it will suspend Nasdaq operations on Feb. 19. The company intends to deregister its stock to eliminate the high costs of public compliance and focus on stabilizing its balance sheet.
BHAV Acquisition, a Cayman Islands-based blank-check company, filed with the Securities and Exchange Commission on Wednesday to raise $100 million in an initial public offering. The move signals a targeted search for a merger partner within the high-growth robotics and electric vehicle sectors.
Japanese wellness and beauty firm MTG Co. Ltd. reported a significant jump in earnings for its first fiscal quarter ended December 31, driven by a nearly 45% increase in revenue. The company posted a net profit of ¥3.95 billion, up from ¥2.38 billion a year earlier, signaling a robust start to its 2025 fiscal year.
Tech and commodity stocks experienced a volatile after-hours session on Wednesday, with Cognex surging on restructuring plans while Cisco and AppLovin faced sell-offs over margin and growth concerns.
Shares of Orora jumped more than 8% on Thursday after the Australian packaging giant reported a first-half earnings beat and a A$200 million share buyback. The rally reflects renewed investor confidence in Saverglass, the premium glass manufacturer acquired in 2023, which finally posted volume growth after a prolonged post-acquisition slump.
Industrial technology firm Crane NXT announced a 6% increase to its quarterly dividend on Wednesday, raising the payout to 18 cents per share as it bolsters its commitment to shareholder returns.
Origin Energy shares jumped on Thursday after the utility giant lifted its annual earnings forecast for its core energy retail division. Management cited a significant performance boost in its electricity business, prompting a guidance increase that exceeded market expectations and pushed the stock toward a 2026 high.
Australian online furniture retailer Temple & Webster saw its stock price crater by as much as 26% on Thursday following a disappointing first-half earnings report. Despite a 20% surge in revenue, the company’s bottom line suffered from aggressive discounting, leading to an earnings miss that caught investors off guard for the second time in two months.
ATN International has reached an agreement to sell 214 wireless towers and related assets in the southwestern United States to an affiliate of Everest Infrastructure Partners for up to $297 million in cash. The deal, announced Wednesday, marks a strategic pivot for the digital infrastructure firm as it seeks to deleverage its balance sheet and reinvest in core operations.
Delica Foods Holdings Co. Ltd. reported a dramatic increase in net profit for the nine months ending December 31, with earnings climbing to ¥1.12 billion from ¥125 million a year earlier, fueled by steady revenue gains and significantly improved margins.
Singapore Telecommunications (Singtel) posted a 43.5% rise in third-quarter net profit, reaching S$1.89 billion (US$1.50 billion) for the period ending Dec. 31. The result was bolstered by a massive one-time gain from the partial divestment of its stake in Indian associate Bharti Airtel, signaling a shift in the group’s capital allocation strategy.
