Latest news with #Ltd
2 hours ago
- Business
Japan Govt Cites Procurement Route Changes behind Rice Price Surges
News from Japan May 30, 2025 15:40 (JST) Tokyo, May 30 (Jiji Press)--Rice price surges in Japan since last summer were caused by wholesalers procuring rice through different routes than in previous years, a government white paper on agriculture said Friday. The paper, adopted at the day's cabinet meeting, described the situation since last summer's rice shortage. After the government issued in August last year information warning of a possible major earthquake in the Nankai Trough off Japan's Pacific coast, people's purchases of rice at supermarkets increased about 1.5 times from a year before. This coincided with the time of year when distributors' rice stocks often decrease ahead of the release of newly harvested rice, causing rice scarcity at retailers and others. The amount of rice cropped in 2024 increased by 180,000 tons from the previous year, but the volume handled by major buyers was significantly lower, due in part to some rice producers boosting direct sales to consumers and sales to nonconventional buyers. The white paper analyzed that rice prices at retailers soared because wholesalers had to buy rice at relatively high prices via different procurement routes to supplement shortfalls. [Copyright The Jiji Press, Ltd.] Jiji Press
Yahoo
4 hours ago
- Business
- Yahoo
Asian Growth Companies Insiders Are Eager To Own
As global markets navigate through volatility and geopolitical tensions, Asian economies continue to show resilience, with China's industrial output exceeding expectations despite trade uncertainties. In this environment, growth companies in Asia with high insider ownership are particularly noteworthy as they often signal confidence from those who know the business best. Name Insider Ownership Earnings Growth Shanghai Huace Navigation Technology (SZSE:300627) 24.5% 23.4% Sineng ElectricLtd (SZSE:300827) 36% 26.9% NEXTIN (KOSDAQ:A348210) 12.4% 33.9% Schooinc (TSE:264A) 29.6% 68.9% Nanya New Material TechnologyLtd (SHSE:688519) 11% 63.3% Laopu Gold (SEHK:6181) 22% 40.6% Fulin Precision (SZSE:300432) 13.6% 44.2% M31 Technology (TPEX:6643) 30.8% 63.4% Vuno (KOSDAQ:A338220) 15.6% 109.8% Techwing (KOSDAQ:A089030) 18.8% 68% Click here to see the full list of 626 stocks from our Fast Growing Asian Companies With High Insider Ownership screener. Here we highlight a subset of our preferred stocks from the screener. Simply Wall St Growth Rating: ★★★★☆☆ Overview: LG Corp., with a market cap of ₩11.43 billion, operates through its subsidiaries in the electronics, chemicals, and communication and services industries. Operations: The company generates revenue through its subsidiaries in the electronics, chemicals, and communication and services sectors. Insider Ownership: 38.5% Earnings Growth Forecast: 28.3% p.a. LG Corp. demonstrates potential as a growth company with significant insider ownership in Asia. The company's revenue is forecasted to grow at 11.3% annually, outpacing the Korean market's 7.5% growth rate, although profit margins have declined from last year. Earnings are projected to increase significantly by 28.32% per year, surpassing the market average of 20.6%. Recent earnings reports showed improved net income and sales for Q1 2025 compared to the previous year. Get an in-depth perspective on LG's performance by reading our analyst estimates report here. Insights from our recent valuation report point to the potential undervaluation of LG shares in the market. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Lakala Payment Co., Ltd. operates in the digital payment and technology service sector in China, with a market cap of CN¥18.72 billion. Operations: Lakala Payment Co., Ltd. generates revenue through its digital payment and technology services in China. Insider Ownership: 12.5% Earnings Growth Forecast: 30.4% p.a. Lakala Payment's insider ownership aligns with its growth potential, as earnings are expected to grow significantly at 30.4% annually, outpacing the Chinese market average. However, recent financials reveal a decline in profit margins from 6.9% to 4.4%, and Q1 2025 net income dropped to CNY 100.64 million from CNY 208.42 million year-over-year. Despite volatile share prices and unsustainable dividend coverage, high forecasted return on equity of 21.8% suggests long-term strength. Unlock comprehensive insights into our analysis of Lakala Payment stock in this growth report. The analysis detailed in our Lakala Payment valuation report hints at an inflated share price compared to its estimated value. Simply Wall St Growth Rating: ★★★★★☆ Overview: Sharetronic Data Technology Co., Ltd. is a provider of wireless IoT products operating in China and internationally, with a market cap of CN¥27.48 billion. Operations: Sharetronic Data Technology Co., Ltd. generates revenue through its operations as a provider of wireless IoT products across both domestic and international markets. Insider Ownership: 20.5% Earnings Growth Forecast: 32.2% p.a. Sharetronic Data Technology showcases strong growth prospects with forecasted earnings and revenue growth rates of 32.17% and 25.2% annually, respectively, surpassing the Chinese market averages. Recent financials indicate a robust performance with Q1 2025 sales reaching CNY 2.08 billion, up from CNY 1.76 billion year-over-year. Despite high share price volatility and debt not well covered by operating cash flow, its P/E ratio of 39.3x remains below the tech industry average, suggesting potential value for investors focused on insider-aligned growth opportunities in Asia. Delve into the full analysis future growth report here for a deeper understanding of Sharetronic Data Technology. Upon reviewing our latest valuation report, Sharetronic Data Technology's share price might be too optimistic. Unlock more gems! Our Fast Growing Asian Companies With High Insider Ownership screener has unearthed 623 more companies for you to here to unveil our expertly curated list of 626 Fast Growing Asian Companies With High Insider Ownership. Want To Explore Some Alternatives? AI is about to change healthcare. These 23 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include KOSE:A003550 SZSE:300773 and SZSE:300857. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
4 hours ago
- Business
- Business Upturn
Kiri Industries signs $696 million share purchase deal to sell DyStar stake
By Aditya Bhagchandani Published on May 30, 2025, 09:28 IST Kiri Industries has signed a Share Purchase Agreement (SPA) with Zhejiang Longsheng Group Co., Ltd to divest its entire 37.57% stake in DyStar Global Holdings (Singapore) Pte. Ltd. The agreement was inked on May 29, 2025, alongside court-appointed receivers from Deloitte & Touche LLP. As per the SPA, Zhejiang Longsheng will acquire 26,23,354 equity shares of DyStar at a base consideration of USD 676.26 million. An additional USD 20.29 million may be paid by the purchaser to meet shortfall adjustments or fulfill SPA obligations, with provisions for further adjustments as per the agreement's terms. The deal stems from a directive issued by the Singapore International Commercial Court in February 2024, ordering an en-bloc sale of stakes held by Kiri Industries and Senda International Capital in DyStar. The transaction is subject to customary closing conditions and regulatory approvals, with a long-stop date of October 2, 2025, extendable to November 3, 2025. J.P. Morgan Securities Asia is acting as the financial advisor to Kiri Industries for the transaction. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
5 hours ago
- Business
Japan Starts Accepting Rice Applications from Smaller Retailers
News from Japan May 30, 2025 12:42 (JST) Tokyo, May 30 (Jiji Press)--Japan's agriculture ministry Friday started accepting applications from small and midsize retailers that hope to buy government-stockpiled rice to be released under no-bid contracts. The discretionary contracts will cover 80,000 tons of stockpiled rice produced in 2021. The ministry expects retail prices of such rice to be around 1,800 yen per 5-kilogram bag before tax, even if retailers add on transportation costs. Of the 80,000 tons, 60,000 tons will be set aside for small and midsize retailers that sell 1,000 to less than 10,000 tons of rice per year. The remaining 20,000 tons will be allocated to rice stores. The government will be responsible for transporting the rice to those with the discretionary contracts. The minimum amount of rice that businesses can apply for was set at 10 or 12 tons, due to the loading capacity of trucks transporting such rice. [Copyright The Jiji Press, Ltd.] Jiji Press
7 hours ago
- Politics
Putin Meets with Ex-Japan PM Abe's Widow in Moscow
News from Japan World May 30, 2025 10:22 (JST) Tokyo, May 30 (Jiji Press)--Russian President Vladimir Putin met with Akie Abe, the widow of the late former Japanese Prime Minister Shinzo Abe, at the Kremlin in Moscow, the Russian presidential office has said. The meeting took place following an invitation from Russia, while Japan maintains its sanctions against Russia for its invasion of Ukraine. In an English announcement on the session released Thursday, the presidential office quoted Putin as saying that the former prime minister "contributed greatly to the development of Russian-Japanese relations." "I had very warm personal relations with him," Putin told Akie, adding that he remembers visiting Japan in 2016 to attend a bilateral summit with Abe in Yamaguchi Prefecture, Abe's home turf. Akie said that although her late husband hoped to meet with Putin after Russia launched its invasion of Ukraine, he died before being able to do so. [Copyright The Jiji Press, Ltd.] Jiji Press
