PRE-MARKET JAPANESE STOCKS NEWS: Fast Retailing (9983 JT) forecasts FY27 net profit of JPY 560bln, which would mark its seventh consecutive year of record earnings

Fast Retailing (9983 JT) - Co. forecasts FY27 net profit of JPY 560bln, which would mark its seventh consecutive year of record earnings. (Nikkei) Mitsubishi Materials (5711 JT) - Co. has begun sourcing recycled tungsten from Vietnam for carbide tools as an alternative to Chinese supplies amid export restrictions. (Nikkei) Mitsubishi Motors (7211 JT) - Honda (7267 JT) is reportedly planning to sell the Co.'s Triton pickup truck under its own brand. (Yomiuri) Nissan Motor (7201 JT) - Co. will launch its China-made Frontier Pro pickup truck in Mexico this month, with subsequent launches planned in Southeast Asia and Australia. (Nikkei) SoftBank Group (9984 JT) - Co. and Grab (GRAB) plan to develop AI infrastructure in Malaysia's Sarawak state alongside a local energy group, including talent development initiatives. (Nikkei) Sumitomo Bakelite (4203 JT) - Co. plans to invest USD 63mln to expand semiconductor encapsulation material production at its facilities in China and Singapore to meet growing demand for advanced chips. (Nikkei) Terumo (4543 JT) - Co. faces a USD 610mln hit, including impairment losses, after ending a plasma device supply agreement with US-based CSL Plasma, prompting a reduction in its FY guidance. (Nikkei) Autos Japan's EV subsidies are said to have benefited Tesla (TSLA) more than Honda (7267 JT) and Nissan (7201 JT), while around 90% of the FY26 subsidy budget is expected to have been used by September, just six months into the fiscal year. (Nikkei)