Asahi (TYO:3333) reported a 1.4% year-on-year increase in net sales for May, according to a Wednesday filing on the Tokyo Stock Exchange.
Customer numbers inched up 0.8% during the period from April 21 to May 20, while sales per customer gained 0.7%, indicating growth was driven primarily by footfall.
At existing stores, sales increased 0.4%, with customer numbers slipping 0.2% and spending per customer up 0.6%.
Nippon Life Insurance will invest about 1.5 trillion yen in private credit and structured credit strategies through Blackstone over the next five years, the companies said Wednesday.The allocation is part of a broader partnership between the two firms, which also covers real estate and asset management capabilities.
NMDC (NSE:NMDC, BOM:526371) said it has set iron ore prices effective June 3, according to a Wednesday filing on Indian bourses.Baila Lump (65.5%, 10-40 mm) has been priced at 5,700 Indian rupees per ton, while Baila Fines (64%, -10 mm) have been fixed at 4,850 rupees per ton, the filing said.Shares of the company rose over 1% in recent trade.
French industrial gases company Air Liquide plans to invest nearly 200 million euros in a new nitrogen production unit in South Korea to support SK Hynix's (KRX:000660) new packaging and testing fab "P&T7", situated in Cheongju, Air Liquide said in a Wednesday release.The Cheongju facility is an industrial project dedicated to the advanced packaging of high-bandwidth memory (HBM).Air Liquide's new facility will supply high-purity gases and high-purity compressed air to the fab and is expected to commence operations in late 2027, the report said.