PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCK NEWS: Earnnigs from Woodside, Mitsubishi Electric

AustraliaANZ (ANZ AT) – Co. announced it has reached an agreement to acquire Worldline’s (WLN FP) 51% of ANZ Worldline JV. (ANZ)BHP (BHP AT), Rio Tinto (RIO AT) – Train driver’s trade union says the Cos cannot handle workers demanding better conditions under Labor’s industrial relations changes. (The Australian)Macquarie Group (MQG AT) - Co. agreed to sell Louisiana-based utility Cleco Power to private equity buyers including Stonepeak Partners for up to USD 8.3bln as it reshapes its global portfolio. (AFR)oOh!Media Ltd (OML AT) - Co. received a non-binding indicative takeover offer of AUD 747mln from Pacific Equity Partners at a substantial premium. (AFR)Woolworths Group (WOW AT) - Co. is accused in court documents of charging higher prices for period products while advertising them as discounted as a trial concludes. (The Australian)Woodside Energy Group Ltd (WDS AT) - Co. Q1 (USD) operating revenue rose 7% Q/Q to 3.26bln, sales volumes fell 1% Q/Q to 51.7mln BOE, production fell 8% Q/Q to 45.2mln BOE, average realised price rose 11% Q/Q to 63/BOE, maintains annual guidance. (Dow Jones Newsplus)JapanEneos (5020 JT) – Co. is reportedly the final bidder for some of the Asian assets of Chevron (CVX). (Market Source)Honda Motor (7267 JT) – Co. is to scrap plan to switch all new car sales to electrified by 2040, according to NHK. (NHK)Komatsu Ltd. (6301 JT) - Co. expects FY net profit to fall 16% to JPY 318bln as earnings are hit by the Middle East conflict and US tariffs. (Nikkei)Mitsubishi Electric Corp. (6503 JT) - Co. FY (JPY) net rose 25.8% Y/Y to 407.76bln, operating profit rose 10.6% Y/Y to 433.10bln, rev. rose 6.7% Y/Y to 5.89tln, guides FY net 475.0bln, adjusted operating profit 590.0bln, rev. 6.20tln. (Mitsubishi Electric)Mitsubishi Materials Corp. (5711 JT) - Co. will more than triple prices on some tungsten products used in hardened cutting tools as Chinese export restrictions continue to limit supply. (Nikkei)Mitsui & Co., Ltd. (8031 JT) - Co. entered an USD 850mln cobalt offtake agreement with Evelution Energy to support critical minerals supply chains. (Newswire)ROHM (6963 JT) - Co. developed a wireless power supply IC chipset including receiver ML7670 and transmitter ML7671 compatible with NFC technology for compact wearables and peripheral devices. (ROHM)Shin-Etsu Chemical (4063 JT) – Co. withholds FY guidance due to the situation around the Middle East. (Shin-Etsu Chemical)Terra Drone Corp. (278A JT) - Co. will make a strategic investment in a Ukrainian fixed-wing drone maker, its second investment in a Ukrainian company. (Nikkei)Tokyo Electron Ltd. (8035 JT) - Co. faces potential strain in its relationship with Taiwan Semiconductor Manufacturing Co. after a Taiwanese court found a former employee leaked confidential data. (Nikkei)Toyota Motor Corp. (7203 JT) - Co. suppliers are facing supply chain disruptions from the Iran conflict, creating chokepoints across Japan’s auto industry and raising risks of parts shortages. (Bloomberg)South KoreaAmorepacific Corp. (090430 KS) - Co. Q1 (KRW) net fell 5% Y/Y to 113.0bln, operating profit rose 7.6% Y/Y to 126.7bln, rev. rose 6.4% Y/Y to 1.13tln. (Yonhap)Amorepacific Group (002790 KS) - Co. Q1 (KRW) net fell 5.4% Y/Y to 132.5bln, operating profit rose 6.9% Y/Y to 137.8bln, rev. rose 5.0% Y/Y to 1.22tln. (Yonhap)Doosan Bobcat Inc. (241560 KS) - Co. Q1 (KRW) net rose 15.9% Y/Y to 131.4bln, operating profit rose 3.5% Y/Y to 207.0bln, rev. rose 7.1% Y/Y to 2.24tln. (Yonhap)Doosan Robotics Inc. (454910 KS) - Co. Q1 (KRW) net was -9.2bln, operating profit was -12.1bln, rev. rose 189.7% Y/Y to 15.3bln. (Yonhap)Hanwha Solutions Corp. (009830 KS) - Co. Q1 (KRW) net was -38.2bln, operating profit rose 205.5% Y/Y to 92.6bln, rev. rose 25.4% Y/Y to 3.88tln. (Yonhap)HD Hyundai Electric Co., Ltd. (267260 KS) - Co. Q1 (KRW) net rose 35.4% Y/Y to 207.7bln, operating profit rose 18.4% Y/Y to 258.3bln, rev. rose 2.1% Y/Y to 1.03tln. (Yonhap)Hyundai Engineering & Construction Co., Ltd. (000720 KS) - Co. Q1 (KRW) net rose 24% Y/Y to 206.8bln. (Yonhap)Kumho Tire Co., Inc. (073240 KS) - Co. Q1 (KRW) net rose 0.4% Y/Y to 103.4bln, operating profit rose 0.3% Y/Y to 147.0bln, rev. fell 3.2% Y/Y to 1.16tln. (Yonhap)Lotte Fine Chemical Co., Ltd. (004000 KS) - Co. Q1 (KRW) net rose 57.4% Y/Y to 44.7bln, operating profit rose 74.0% Y/Y to 32.7bln, rev. rose 14.6% Y/Y to 510.7bln. (Yonhap)