April 14, 2025 at 02:45 am EDT
(MT Newswires) -Japanese shares ended lower on Monday after smartphones and computers were excluded from US tariff plans, despite President Donald Trump's warning that duties could still be imposed.
The Nikkei 225 gained 1.27%, or 427.30 points, to end at 34,012.88.
Trump said tariffs on semiconductors would be disclosed within the week, with a decision on phones coming "soon."
The exemption of 20 product types, representing 23% of US imports from China, appeared beneficial to manufacturers. However, fluctuating policy changes have left investors uncertain and analysts pessimistic about the long-term outlook.
In domestic economic news, Japan's industrial production rose 2.3% in February, led by a 3% increase in shipments, while inventories fell 1.7%. Production capacity slipped 0.4%, and the operating ratio declined 1.1%.
Year on year, the production index was up 0.1%.
On the corporate front, SM Group plans to open 200 Alfamart stores in Luzon this year to challenge 7-Eleven'slead. Alfamart, a joint venture with Indonesia's Sumber Alfaria Trijaya, had over 2,100 stores by 2024.
Welcia Holdingsreported a 43.5% drop in attributable profit to 15 billion yen for the fiscal year ending Feb. 28. Net sales rose 5.6% to 1.285 trillion yen.
The company forecasted a 12.5 billion yen profit for the first half and an 18 yen per share year-end dividend.
Midac Holdingsis acquiring Taiheikousan Inc. for 100 million yen to expand in the Kanto region.
Sumber : MT Newswires
powered by: IPOTNEWS.COM