Maya Patel

SCREEN Holdings ups guidance on back of stellar 9M results

SCREEN Holdings reported robust 9MFY25 results on January 31, 2025, with net sales surging 32.2% YoY to JPY460bn. This growth was driven by increased capital investments in semiconductor miniaturization and packaging technology, spurred by generative AI and digital transformation advancements. Additionally, heightened investment in mature nodes in China and a recovery in display manufacturing bolstered sales. Net profit soared 56% to JPY69.5bn, reflecting the favourable market conditions.

February 26, 2025 at 10:55 am IST

Toei Animation’s earnings up, but shares down

Toei Animation reported an 8.3% y/y increase in net sales to JPY72.7bn, driven by strong performance in streaming rights and licensing, despite a decline in merchandise sales from "The First Slam Dunk." The rise in highly profitable streaming and licensing sales boosted operating profit by 31.5% to JPY23.4bn, leading to a 16% surge in net profit to JPY16.9bn. However, the market reacted negatively, with the share price plummeting over 13% the next day.

February 25, 2025 at 03:05 pm IST

TOMY partnered with DRAGON BALL to launch new products

TOMY Company's “TOMICA” entered into a collaboration partnership with "DRAGON BALL". The collaboration will launch the "Dream TOMICA x DRAGON BALL" series in 2025." The initial products from this collaboration will be "Son Goku's Kintoun" and "Bulma's Capsule No. 9 Motorcycle,". These items are scheduled for release in the spring of 2025 and will be available initially in 13 Asian regions, including Japan, Mainland China, Korea, Hong Kong SAR, Taiwan, Macau, Singapore, Malaysia, Thailand, the Philippines, Indonesia, Vietnam, and Cambodia.

February 24, 2025 at 10:46 am IST

Open Up’s share price boosted following positive 6MFY25 results

Open Up Group recently released its 6MFY25 results on February 7, 2025, wherein sales and profits increased steadily from the prior corresponding period. The company’s share price tracked the positive fundamental performance and surged by about 3% following the release of the results.

February 21, 2025 at 01:53 pm IST

SHO-BOND reports highest-ever operating profit for the first half

SHO-BOND Holdings released its 1HFY25 results on February 10, 2025, reporting a record operating profit JPY10.6bn, up 6% YoY. The company’s net sales rose 6.7% in net sales to JPY45.6bn. Notably, sales from construction projects for the national government grew by 43.2%, while sales to local governments grew by 27.8%, driven by a substantial order backlog at the beginning of FY25.

February 20, 2025 at 11:16 am IST

Dom Development’s subsidiary Euro Styl S.A. launches sale of new flats

Dom Development’s subsidiary, Euro Styl S.A., has launched the sales of the latest stage of the Konstelacja Residential Project in Tri-City on February 6, 2025. The launch comprises of sale of 86 flats in two newly completed buildings (C9-C10) in the Konstelacja project, which is a premium residential project situated in an attractive and peaceful location.

February 19, 2025 at 12:45 pm IST

EClerx Services delivers top-line growth in 3Q

eClerx Services has released its 3QFY25 results on January 29, 2025, wherein it reported steady rise of 13.4% YoY in operating revenue to INR8.5bn. The total delivery headcount grew by 9.2% YoY to 18,514 as of December 31, 2024.

February 18, 2025 at 11:36 am IST

Blue Star’s share price surge following the release of 3Q results

Blue Star announced the release of its 3QFY25 results on January 29, 2025, demonstrating 25.3% YoY rise in revenues to INR28bn. The growth has been fueled by the sustained demand for room AC owing to soaring demand for the festive season. The stock price has surged by about 8% following the release of the third quarter results.

February 17, 2025 at 10:17 am IST

Solar Industries posts solid 3Q results

Solar Industries India reported its 3QFY25 results on February 5, 2025, demonstrating significant outperformance from the prior corresponding period. Sales increased 38% YoY to INR19.7bn, while EBITDA grew 46% to INR5.4bn. Consequently, net income surged by 52% to INR3.4bn.

February 13, 2025 at 10:25 am IST

Rise in AUM for Shriram Finance in 3Q

Shriram Finance has recently released its 3QFY25 results on January 24, 2025. The company has witnessed a decent growth trajectory over the period, with no major concerns on asset quality. AUM registered an increase of 18.8% YoY to reach INR2.5tn, driven by growth in Passenger Vehicles, Farm Equipment, MSMEs and 2-Wheelers.

February 12, 2025 at 09:56 am IST

Breville Group faces heat amid unfavourable US tariffs

Breville shares dipped around 1% to A$37.12 ASX on 5th February, following 10% import tariff levy on Chinese imports. The company has significant exposure to the US market, with almost half of its revenue coming from the US, and nearly all of that revenue is derived from goods manufactured in China. Additionally, Breville has built up inventory in the US since November 2024 to maintain pricing levels and has announced plans to relocate and move around 80% of the 120-volt production out of China by the end of 2025.

February 10, 2025 at 07:52 pm IST

Karur Vysya Bank adds new branches in Tamil Nadu

Karur Vysya Bank inaugurated 4 new branches in Tamil Nadu on January 27, 2025. The new branches will cater to all banking transactions, offering the entire spectrum of banking products and financial services to retail, institutional and consumer clients. The addition of new branches takes the total branch network of the bank to 870.

February 10, 2025 at 03:57 pm IST

HOYA announces share repurchase to improve capital efficiency

HOYA announced a share repurchase program on February 3, 2025, with the goal of improving capital efficiency for shareholders’ benefit. Accordingly, the company plans to repurchase approximately 3mn shares for a consideration of JPY50bn. The repurchase period starts from February 4, 2025, through April 21, 2025.

February 07, 2025 at 12:46 pm IST

Financial Partners Group enters into a partnership agreement with Yume Sports

Financial Partners Group forged a partnership agreement with Yume Sports on February 3, 2025. Yume Sports is the operating company of J2 League club FC Imabari. The partnership will facilitate Financial Partners Group to display advertisements at the club’s home games during the 2025 season.

February 06, 2025 at 08:08 pm IST

Emirates Integrated partners with Nokia to deploy commercial 5G Cloud RAN

Emirates Integrated Telecommunications, in partnership with Nokia have deployed the first commercial 5G Cloud RAN solution in the Middle East and Africa region. The UAE based telecom company would take support and utilize the Finnish telecommunications group’s flexible anyRAN approach to expand its 5G network and offer new services in the region.

February 05, 2025 at 03:02 pm IST

U-Next Holdings completes acquisition of Netmove Corporation

U-Next Holdings completed the acquisition of Netmove Corporation from SBI Sumishin Net Bank, Ltd. on December 2, 2024. The transaction, which makes NetMove Corporation a wholly owned subsidiary of the company, will involve inheriting the acquiring business of SBI Sumishin Net Bank through a company split.

February 04, 2025 at 06:06 pm IST

MoU between Chugai, SoftBank and SB for joint research using generative AI

Chugai Pharmaceutical, SoftBank Corp and its subsidiary, SB Intuitions have recently signed a Memorandum of Understanding to conduct joined research aimed at innovating clinical development processes in new drug development using generative AI. The MoU, effective January 30, 2025, aims to make substantial improvements in the productivity of clinical development processes and accelerate new drug development.

February 03, 2025 at 02:02 pm IST

Leadership changes in Sony to enhance long-term growth story

Sony Group has announced the appointment of Hiroki Totoki as its Chief Executive Officer, with effect from April 1, 2025. The announcement made on January 29, 2025, states that the group is pivoting to a new management structure to support its long-term growth. Totoki will succeed Kenichiro Yoshida, who will continue to be the Chairman of the company.

January 31, 2025 at 06:28 pm IST

First half growth fueled by ongoing demand for Sohgo Security

Sohgo Security Services released its 1HFY25 results on November 6, 2024. Net sales increased 6.9% YoY to JPY263.2bn, aligning with consensus estimates. Following the announcement, the company’s stock price reacted strongly, rising over 6% on November 7 to reach a high of JPY1129.5.

January 31, 2025 at 10:22 am IST

Guidance upgrade for MIURA driven by acquisition and demand for marine boilers

MIURA has updated its FY25 guidance on the back of strong demand for marine boilers from customers outside Japan. The revision in guidance was further made to include the revenue of the acquired Cleaver-Brooks, Inc. in May 2024. As a result, the company now anticipates revenue to be JPY257bn, compared to prior guidance of JPY175.5bn.

January 30, 2025 at 01:57 pm IST

Terumo launches its Injection Filter Needle under INFINO

Terumo announced the global launch of the Terumo Injection Filter Needle on January 15, 2025. This marks an initial step of the INFINO? development program. Indicated for hypodermic as well as for intravitreal injections, the Injection Filter Needle features an integrated polyamide 5-micrometer mesh filter to prevent particles from being injected.

January 29, 2025 at 04:58 pm IST