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Zozo's Profit Climbs 6% in Fiscal Year 2025

Zozo's (TYO:3092) profit attributable to owners of the parent rose 5.7% to 47.93 billion yen for the fiscal year 2025 from 45.35 billion yen a year earlier.The shopping mall operator's basic earnings per share increased to 54.11 yen from 50.90 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales climbed 7.2% to 228.37 billion yen for the full year ended March 31 from 213.13 billion yen in the prior year.The company declared a year-end dividend of 20 yen per share, payable from June 11.For the fiscal year 2026, the company expects attributable profit of 49.7 billion yen, EPS of 56.20 yen, and net sales of 241.9 billion yen.Zozo plans to pay interim and year-end dividends of 20 yen per share each for the year, which is higher than the amount in the year-ago period.

TYO:3092

Asia106d ago

EML Payments Says Regulators Extend Date for Implementation of Required Guarantee Structure

EML Payments (ASX:EML) said the Australian Prudential Regulation Authority (APRA) and Reserve Bank of Australia (RBA) agreed to extend the date for implementation of the required authorized deposit-taking institution guarantee structure, subject to EML Payment Solutions showing "satisfactory progress" towards obtaining the guarantee via periodic reporting, according to a Friday Australian bourse filing.EML Payment Solutions is engaging with several domestic and international financial institutions, as well as legal advisors and trustee service providers, to design the required guarantee structure.The regulators had earlier said that they require the firm to obtain a guarantee from an authorized deposit-taking institution in respect of stored value liabilities for certain EML Payment Solutions programs by Thursday.

ASX:EML

Asia106d ago

Qantas Airways Extends Schedule Changes Through September Quarter, Adds Europe Seats

Qantas Airways (ASX:QAN) and its Jetstar unit are set to extend previously disclosed schedule changes across their international and domestic network into the first quarter of fiscal year 2027, aiming to mitigate the impact of significantly higher fuel prices due to the Middle East conflict, according to a Friday filing with the Australian bourse.On its international network, Qantas will continue to operate more flights between Australia and Europe. Additional Perth-Rome flights have been extended for another three months until the end of October, while flights to Paris will revert to three return flights per week in August, continuing to operate from Sydney through Singapore.The changes come in response to strong demand for travel to Europe, and will provide an additional 2,000 seats to and from the continent each week, Qantas said.The changes also lower the company's previously planned international capacity by 2 percentage points for the September quarter, per the filing.With regards to the domestic network, Qantas said it is extending capacity reductions of 5 percentage points until the end of September, mainly on major capital city routes.

ASX:QAN

Asia106d ago

Bank of China's Q1 Profit Rises 4%, Net Interest Income Up 8%

Bank of China (SHA:601988, HKG:3988) recorded a 4.2% year-over-year increase in attributable profit in the first quarter of 2026 to 56.6 billion yuan from 54.4 billion yuan.Earnings per share was flat at 0.18 yuan, according to a Shanghai Stock Exchange filing on Thursday.Net interest income jumped 7.8% to 116.1 billion yuan from 107.7 billion yuan a year prior.Operating income climbed 8.4% to 178.8 billion yuan.By the end of March, the bank's ratio of non-performing loans shrank to 1.22% from 1.23% at the start of the year. It held a total of 287 billion yuan in non-performing loans.China's fourth-largest bank by assets saw its total assets expand 3.2% in Q1 to 39.6 trillion yuan from 38.4 trillion yuan at the end of 2025.

HKG:3988SHA:601988

Asia106d ago

US, China Officials Hold Talks Ahead of Trump-Xi Meeting

U.S. and Chinese officials held talks on Thursday ahead of a planned May meeting between Presidents Donald Trump and Xi Jinping.In a post on X, U.S. Treasury Secretary Scott Bessent said that his meeting with Vice Premier He Lifeng was "both candid and comprehensive," adding that he raised concerns over "China's recent provocative extraterritorial regulations," which he said are having a chilling effect on global supply chains.The meeting was conducted via video call, which Chinese state media CCTV also described as "candid," according to a Reuters report on Thursday.The discussions came after Beijing introduced new supply chain rules, which triggered concerns among U.S. companies, Reuters said.

Shanghai Composite^SZSE

Asia106d ago

Changjiang Securities' Q1 Profit Jumps 52%

Changjiang Securities' (SHE:000783) attributable profit rose 52% to 1.47 billion yuan in the first quarter from 979.6 million yuan in the year-ago period, according to a Thursday filing with the Shenzhen bourse.Earnings per share at the brokerage increased 53% to 0.26 yuan from 0.17 yuan in the prior-year period.Operating revenue grew 35% year over year to 3.37 billion yuan from 2.50 billion yuan.

SHE:000783

Asia106d ago

Helia Group Says in Q1 Gross Written Premium Falls 32%; Shares Down 4%

Helia Group (ASX:HLI) said its gross written premium was down 32% year over year in the first quarter, according to a Friday Australian bourse filing.The decline reflects the loss of new business with Commonwealth Bank of Australia (ASX:CBA) from Jan. 31 and lower first home buyer volumes due to competition from the Australian Government 5% Deposit Scheme, per the filing.Insurance revenue fell 9% from a year earlier due to lower gross written premium in recent book years.Net investment revenue was negative AU$2 million in the period largely due to realized and unrealized losses on the bond portfolio as interest rates rose and credit spreads widened.In the same filing, the company said it has finalized the submission of data in relation to the three months ended March 31 to the Australian Prudential Regulation Authority on April 30. The data covers Helia Insurance, its main operating entity, and Helia Indemnity, which is in run-off.Helia Group's shares were down 4% in recent Friday trade.

ASX:CBAASX:HLI

Asia106d ago

Tokyo Electric Power's Swings Into Losses in Fiscal 2025

Tokyo Electric Power (TYO:9501) swung to a loss of 454.26 billion yen for the fiscal year ended March 31 from a profit of 161.28 billion yen a year earlier.The power producer logged a basic loss per share of 283.51 yen compared with net income per share of 100.67 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales dropped 7.1% to 6.329 trillion yen for the full year ended March 31 from 6.810 trillion yen in the prior year.For the fiscal year 2026, the company did not provide any forecasts due to the uncertain fuel price outlook.Tokyo Electric Power does not plan to pay any dividends for the year.

TYO:9501

Asia106d ago

ASX Preview: Australian Shares Set to Rise as Oil Prices Ease; ANZ Group Holdings Posts Higher Fiscal H1 Cash Earnings, Operating Income

Australian shares are poised to rise on Friday as oil prices eased from earlier four-year highs amid volatile trading driven by escalating US-Iran tensions and fears over potential disruptions to Middle East crude supplies.Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average rose 1%, 0.9%, and 1.6%, respectively.In the macroeconomy, the Australian manufacturing sector returned to modest growth in April, though the improvement masked growing strain from Middle East-driven supply chain disruptions, surging fuel costs, and continued weakness in orders and production, according to a survey by S&P Global.Australia's home value index edged 0.3% higher in April, registering its slowest pace of growth since January 2025 amid declines in Sydney and Melbourne, according to figures from Cotality.Australia's producer price indexes report is due at 11:30 am Sydney time.In corporate news, ANZ Group Holdings (ASX:ANZ) reported Friday fiscal first-half cash earnings of AU$1.242 per share on operating income of AU$11.2 billion, compared with cash earnings of AU$1.17 on operating income of AU$11 billion a year earlier.ResMed (ASX:RMD) reported Friday fiscal third-quarter non-GAAP earnings of $2.86 per share on revenue of $1.43 billion, compared with earnings of $2.37 on revenue of $1.29 billion a year earlier.Coles Group (ASX:COL) sales revenue for the fiscal third quarter was AU$10.7 billion, up from AU$10.38 billion a year earlier.Australia's benchmark index fell 0.2% or 21.2 points to close at 8,665.80 on Thursday.

ASX 200ASX:ANZASX:COLASX:RMD

Asia106d ago

Japan Airlines' Full-Year Profit Rises 29%

Japan Airlines' (TYO:9201) profit attributable to owners of the parent grew 29% to 137.6 billion yen for the fiscal year 2025 from 107 billion yen a year earlier.The airline's basic earnings per share increased to 306.96 yen from 245.09 yen a year ago, according to a Tokyo bourse filing on Thursday.Revenue climbed 9.1% to 2.013 trillion yen for the year ended March 31 from 1.844 trillion yen.It declared a final dividend of 50 yen per share, payable from June 24.For the fiscal year 2026, the company expects attributable profit of 110 billion yen and revenue of 2.095 trillion yen.

TYO:9201

Asia106d ago

Otsuka's Profit Jumps 15% in Q1

Otsuka's (TYO:4768) profit attributable to owners of the parent climbed 15% to 16.7 billion yen for the first quarter, from 14.5 billion yen a year earlier.The office equipment company's basic earnings per share increased to 44.01 yen from 38.22 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales rose 9.3% to 344.8 billion yen for the three months ended March 31 from 315.5 billion yen in the prior-year period.For the year ending Dec. 31, the company expects attributable profit of 61.1 billion yen, basic EPS of 161.21 yen, and net sales of 1.311 trillion yen.Otsuka plans to pay interim and year-end dividends of 50 yen and 45 yen per share, respectively, for the year, which is higher than the amount paid in the year-ago period.

TYO:4768

Asia106d ago

SkyCity Entertainment Cuts Fiscal Year 2026 Underlying EBITDA Guidance to NZ$180-NZ$190 Million, Initiates Further Cost Savings

SkyCity Entertainment Group (ASX:SKC, NZE:SKC) said it now expects underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) for fiscal year 2026 between NZ$180 million and NZ$190 million, down from previous guidance of NZ$190 million to NZ$210 million, according to a Thursday New Zealand bourse filing.The guidance cut is based on trading conditions experienced since the recent fuel price increases and remains broadly consistent for the remainder of the year, the filing added.The company said it has exceeded its previously disclosed target of NZ$10 million in cost savings for fiscal year 2026 and is now initiating additional cost-saving initiatives across its operations and corporate functions, engaging external advisors to support the process.Under its asset monetization program, SkyCity has entered into a non-binding heads of agreement for the sale of the 99 Albert Street office building and investment properties on Victoria Street, with financial terms confidential, while also seeking expressions of interest from potential investors in acquiring The Grand Hotel, the filing added.SkyCity noted that the Online Casino Gambling Act 2026 comes into effect on May 1, with the Department of Internal Affairs (DIA) advising that it anticipates issuing licences from early 2027.The company's New Zealand shares fell 2% in recent Thursday trade.

ASX:SKCNZE:SKC

Asia106d ago

GEM's Q1 Profit Rises 2%, Revenue Up 5%

GEM's (SHE:002340) net profit attributable to shareholders in the first quarter rose 2.2% to 522.4 million yuan from 511.3 million yuan a year earlier, according to a Shenzhen bourse filing on Thursday.Earnings per share were flat year on year at 0.10 yuan.The waste resource comprehensive utilization company's operating revenue increased 5.1% to 9.98 billion yuan from 9.50 billion yuan in the preceding year.

SHE:002340

Asia106d ago

Scentre Group Completes Over $1 Billion Tender Offer for Subordinated Notes Due 2030

Scentre Group (ASX:SCG) completed its $1.31 billion tender offer for non-call subordinated notes due 2030, with about $1.17 billion successfully tendered, according to a Friday Australian bourse filing.The settlement is scheduled for May 5, after which the company plans to redeem the remaining notes at par, with liquidity expected to be around AU$3.2 billion post-redemption, per the filing.The company maintained its 2026 target for funds from operations of at least AU$0.2373 per security, reflecting a minimum 4% annual growth, and also expects distributions to increase by 4% to AU$0.1843 per security, the filing added.

ASX:SCG

Asia106d ago

Daito Trust Construction's Profit Edges Up 5.5% in Fiscal Year 2025

Daito Trust Construction's (TYO:1878) profit attributable to owners of the parent rose 5.5% to 99.03 billion yen for the fiscal year 2025 from 93.86 billion yen a year earlier.The construction firm's earnings per share increased to 298.96 yen from 285.22 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales increased 7.7% to 1.985 trillion yen for the full year ended March 31 from 1.842 trillion yen in the prior year.In a separate filing, the company raised its final dividend to 82 yen per share, from the initial forecast of 74.60 yen, payable from June 27.For the fiscal year 2026, the company expects attributable profit of 108 billion yen, basic EPS of 326 yen and net sales of 2.050 trillion yen.Daito Trust Construction plans to pay interim and year-end dividends of 81 yen and 82 yen per share, respectively, for the fiscal year ending March 31, 2027.

TYO:1878

Asia106d ago

Collins Foods Confirms Partnership Arrangement Condition Met for Taco Bell Transition

Collins Foods (ASX:CKF) said conditions precedent for the transition of 20 Taco Bell restaurants to a new partnership arrangement between an affiliated company of Taco Bell and Restaurant Brands Australia have been satisfied, according to a Friday Australian bourse filing.The company said the transaction remains subject to other customary conditions, including landlord consents, a store-based employment threshold, and Australian Competition and Consumer Commission (ACCC) clearance, with completion expected between June and August, depending on regulatory approval timelines.

ASX:CKF

Asia106d ago

NZX Q1 Revenue Rises 5%

NZX (NZE:NZX) reported first-quarter revenue of NZ$32.7 million, up 5% from NZ$31.1 million in the year-ago period, according to a Friday filing on the bourse.The number of total listed securities on the exchange as of March 31 fell 1.8% year over year to 323, per the filing.

NZE:NZX

Asia106d ago

Avita Medical Appoints CEO, Chair

Avita Medical (ASX:AVH) has appointed Cary Vance as chief executive, effective immediately, according to a Friday Australian bourse filing.Vance has been acting as interim CEO since October 2025, per the filing.The company also appointed Jan Stern Reed as chair with immediate effect, the filing added.

ASX:AVH

Asia106d ago

Chengxin Lithium Returns to Profit in Q1

Chengxin Lithium (SHE:002240) reported a net profit attributable to shareholders of 464 million yuan in the first quarter, reversing the year-ago attributable loss of 154.7 million yuan, according to a Shenzhen bourse filing on Tuesday.Earnings per share were 0.51 yuan against the loss per share of 0.17 yuan a year earlier.The lithium company's operating revenue surged 379% to 3.28 billion yuan from 686.2 million yuan in the previous year.

SHE:002240

Asia106d ago

Mineral Resources Signs Investment, Shareholders Deals With South Korea's Posco Holdings for Lithium JV

Mineral Resources (ASX:MIN) signed investment and shareholders agreements with South Korea's Posco Holdings, enabling Posco to take a 30% stake in a newly incorporated joint venture (JV), LithCo, according to a Friday filing with the Australian bourse.LithCo will hold Mineral Resources' existing 50% interests in the Wodgina and Mt Marion lithium mines, both located in Western Australia, per the filing.The transaction remains subject to final long-form agreements, offtake and marketing arrangements, and regulatory approvals, including foreign investment review board and merger clearances, the filing said.Completion is now anticipated in the first half of 2027, taking into account the approval timelines and the necessary corporate restructuring to form the joint venture, the filing added.

ASX:MIN

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