The rise added to signs of resilience, as higher energy costs continue to threaten the country’s tentative economic recovery.
Excerpt from The Wall Street Journal. Original publication ↗
Source: The Wall Street Journal
For the current year, the firm says it expects net profit of ¥3.57 trillion, up from its previous projection in August of ¥3.25 trillion.
The Tokyo-based company now expects ¥1.87 trillion in operating income for the year through March, raising its guidance by 15%.
South Korean defense stocks rode a wave of global rearmament for the past two years, but they have plunged in 2026.
Chinese equities are in a bear market, with more than $3 trillion of value wiped out as major indexes erased a year of gains.