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The Group’s sales for the nine months ended 31 December 2025 were US$2,726 million compared to US$2,730 million for the same period in the previous financial year, a decrease of approximately US$4 million. Exchange rate movements had a favourable impact of US$40 million on the Group’s sales during the period.

Sales of Automotive Products Group (“APG”)

APG’s sales for the nine months ended 31 December 2025 were US$2,301 million, a decrease of US$14 million or 1% compared to the same period in financial year 24/25. Excluding currency effects, APG’s sales decreased by US$49 million or 2%.

The division’s sales changes by region, excluding currency effects, were as follows:

In Asia-Pacific, sales decreased by 6%, driven by pricing adjustments implemented to remain competitive and weaker demand for non-domestic car brands in China, which has historically been a strong market for APG. This was partially offset by growth in sales to domestic car brands. Sales of products for thermal management, steering and closure applications, together with oil pumps decreased, partially offset by increased sales of products for braking, vision and transmission applications.

In Europe, the Middle East and Africa (“EMEA”), sales decreased by 1%. Sales of products for closure, vision and thermal management applications decreased, mitigated by increased sales of oil pumps, powder metal components and other products for transmission applications.

In the Americas, sales increased by 1%. Sales of powder metal components, oil pumps and products for thermal management applications increased, largely offset by decreased sales of products for braking and engine and fuel management applications due to the phasing out of certain programs.

Sales of Industry Products Group (“IPG”)

IPG’s sales for the nine months ended 31 December 2025 were US$425 million, an increase of US$10 million or 2% compared to the same period in the previous financial year. Excluding currency effects, IPG’s sales increased by US$5 million or 1%. The overall performance reflects a mixed regional picture, shaped by varying market and customer dynamics.

The division’s sales changes by region, excluding currency effects, were as follows:

In Asia-Pacific, sales decreased by 1%, primarily due to significant price competition affecting both IPG and some of its customers in certain product segments. Consequently, sales of products for food and beverage, floor care and printer applications decreased. This was largely offset by increased sales for lawn and garden, medical and data centre cooling applications.

In EMEA, sales increased by 6%, driven by a combination of inventory replenishment by certain customers following their consumption of previous inventory surpluses, as well as the launch of new products. This resulted in increased sales of products for lawn and garden, and heating applications and flexible printed circuits. This was partially offset by a decrease in sales of products for beverage applications.

In the Americas, sales decreased by 2% mainly due to the combined effects of reduced demand from certain customers and some programs reaching end of life. This resulted in decreased sales of products for ventilation and surgical applications. This was partially offset by stronger sales of piezo motors and piezo motion subsystems, which benefited from strong demand for high-precision equipment for semiconductor manufacturing and medical drug-dosing systems.

Chairman’s Comments on Sales Performance and Outlook

Commenting on the Group’s sales performance and near-term outlook, Dr. Patrick Shui-Chung Wang, Chairman and Chief Executive, said: “Johnson Electric’s sales for the financial year to date have remained stable, reflecting generally subdued macroeconomic conditions and high levels of uncertainty related to geopolitics and US trade policies. Based on current trading conditions and customer orders, full-year Group sales are expected to be broadly similar to the prior year. In this environment, Johnson Electric remains focused on executing its strategy to deliver long-term value through innovation, operational excellence, and a resilient global supply chain.”

Cautionary Statement

Shareholders and potential investors in the Company are reminded that the information provided in this news release, including information related to the expected outlook for the full year, is based on the Group’s unaudited internal records and management accounts. This information has not been reviewed or audited by the Company’s auditors.

Shareholders and potential investors should exercise caution when dealing or investing in the shares of the Company.

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About Johnson Electric Group

The Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components. It serves a broad range of industries including Automotive, Liquid Cooling, Robotic Joints, Smart Metering, Business Equipment, Ventilation, Home Automation, Large Appliances, Power Tools, Medical Devices and Lawn & Garden Equipment. The Group is headquartered in Hong Kong and employs over 30,000 individuals in over 20 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For further information, please visit: www.johnsonelectric.com.

Momentum has gathered through a series of policy signals that place safeguards alongside scale. Draft frameworks circulated by NITI Aayog and implementation roadmaps led by Ministry of Electronics and Information Technology have reinforced principles around responsible data use, model transparency and accountability for outcomes, while stopping short of prescribing one-size-fits-all rules that could chill innovation. Officials involved in consultations say the intent is to embed risk controls early—covering bias, explainability and security—rather than bolting them on after systems are deployed.

Enterprise adoption has followed a similar trajectory. Banks, insurers and large manufacturers are prioritising AI programmes that demonstrate near-term productivity gains and compliance readiness, favouring narrowly scoped applications over open-ended generative tools. Executives interviewed across sectors point to fraud detection, demand forecasting and maintenance optimisation as areas where benefits can be quantified and audited. By contrast, unrestricted text and image generation remains subject to tighter internal review, particularly where customer-facing outputs could expose firms to reputational or regulatory risk.

Scepticism has not slowed investment, but it has reshaped it. Venture funding has tilted towards platforms that promise governance controls by default—model cards, audit trails and data lineage—alongside performance. Start-ups building on foundation models increasingly highlight enterprise-grade safeguards as differentiators, responding to procurement teams that now treat ethics and security as commercial requirements rather than public-relations add-ons. Industry analysts note that this shift mirrors global buyer behaviour, but localised rules on data residency and consent amplify its importance.

Public-sector pilots underscore the same pattern. State administrations experimenting with AI for grievance redressal, traffic management and land records have emphasised human oversight and explainability, often keeping decision authority with officials while using algorithms to triage or recommend. Procurement documents reviewed by this publication show explicit clauses on dataset provenance and bias testing, reflecting lessons from earlier digital programmes where opaque automation triggered legal challenges.

At the national level, interoperability with global standards remains a priority. Engagements with multilateral bodies and peer regulators have sought alignment with emerging norms on risk classification and model evaluation, while retaining flexibility for domestic conditions. Officials argue that a principles-based stance will allow rapid adaptation as technology evolves, avoiding the lock-in that can follow prescriptive rules. Critics, however, warn that voluntary compliance may prove uneven without clear enforcement pathways.

Talent development forms another pillar of the blueprint. Universities and skilling platforms are expanding curricula that combine machine learning with ethics, law and product management, aiming to produce practitioners who can translate policy into code. Industry groups say demand is strongest for professionals able to design systems that pass audits and deliver return on investment, rather than purely experimental research. This has influenced hiring, with firms rewarding cross-disciplinary expertise.

Cloud providers and chipmakers are also recalibrating offerings for a market that prizes trust. Secure enclaves, confidential computing and on-premise deployment options are being pitched to enterprises wary of exposing sensitive data. Partnerships between domestic integrators and global technology companies have focused on localisation—language support, regulatory reporting and sector-specific controls—over raw model size.

UAE and India have elevated their strategic partnership with a sweeping set of agreements signed during the visit of Sheikh Mohamed bin Zayed Al Nahyan, signalling a calibrated push to broaden cooperation across defence, energy, space, trade, investment and food safety. The pacts, endorsed alongside Narendra Modi, reflect a shared intent to anchor bilateral ties in long-term economic and security interests while navigating a volatile global environment.

The visit culminated in the exchange of multiple memoranda of understanding that collectively aim to translate political goodwill into operational outcomes. Officials from both sides framed the agreements as an expansion of the Comprehensive Strategic Partnership, emphasising implementation timelines and institutional coordination rather than aspirational language. At the centre of the package is a defence cooperation framework that strengthens military-to-military engagement, joint exercises, training exchanges and defence industrial collaboration, an area that has gathered momentum as both countries diversify security partnerships.

Energy cooperation featured prominently, with accords spanning hydrocarbons, clean energy and grid resilience. State-linked firms and private players outlined pathways to scale joint investments in upstream oil and gas while accelerating collaboration in renewables, green hydrogen and energy storage. The emphasis on clean energy dovetails with the UAE’s net-zero ambitions and India’s drive to expand non-fossil capacity, positioning both as partners in technology transfer and project financing across third markets.

Space cooperation agreements mark another pillar of the evolving relationship. Space agencies from Abu Dhabi and New Delhi committed to deeper collaboration in satellite development, earth observation, data sharing and human spaceflight training. The arrangements are designed to support applications ranging from climate monitoring and disaster management to urban planning and agriculture, underscoring the commercial and societal dividends of space-based assets.

Trade and investment pacts seek to build on the momentum generated by the Comprehensive Economic Partnership Agreement, which has reshaped tariff structures and supply chains between the two economies. New understandings focus on easing customs procedures, aligning standards and expanding market access for small and medium-sized enterprises. Investment promotion agencies agreed to coordinate sectoral roadmaps in manufacturing, logistics, digital services and infrastructure, with sovereign investors and development funds expected to play a catalytic role.

Food safety and agricultural cooperation agreements address a strategic priority for both governments. Protocols on standards, certification and inspection aim to streamline the movement of agri-food products while safeguarding consumer interests. Joint research initiatives are set to target crop resilience, post-harvest technologies and cold-chain logistics, reflecting lessons from climate stress and supply disruptions that have sharpened the focus on food security.

Diplomatic engagements during the visit also underscored people-to-people ties, education and skills. Universities and research institutions announced partnerships in advanced materials, artificial intelligence and health sciences, while vocational training programmes were aligned to labour market needs in construction, healthcare and digital services. These measures are intended to deepen the talent pipeline that underpins commercial ties.

Officials were careful to situate the agreements within a broader regional and global context. With shipping lanes under strain and commodity markets exposed to geopolitical shocks, both sides highlighted coordination on maritime security and supply chain resilience. The defence and logistics components of the package are expected to reinforce cooperation in the Indian Ocean region, where the UAE’s ports and India’s maritime capabilities intersect.

Economists note that the breadth of the accords reduces concentration risk by spreading cooperation across multiple sectors, while governance mechanisms embedded in the agreements could improve execution. Joint working groups, periodic reviews and dispute-resolution channels were outlined to ensure progress is measurable. Business leaders welcomed the clarity on standards and compliance, arguing that predictability lowers the cost of capital and accelerates project timelines.

Critics caution that delivery will depend on regulatory alignment and the pace of domestic approvals, particularly in capital-intensive sectors such as energy and defence manufacturing. Past initiatives have sometimes faced delays linked to procurement processes and technology transfer rules. Both governments acknowledged these constraints and signalled intent to address bottlenecks through empowered committees.

Mr Chan attended a breakfast reception hosted by virtual asset enterprise Animoca Brands, headquartered in Hong Kong, yesterday (January 20). Speaking at the meeting, Mr Chan said that Hong Kong adopts a proactive yet prudent approach to the development of digital assets guided by the principle of “same activity, same risk, same regulation” to promote responsible and sustainable market development. Since 2023, Hong Kong has issued licences to 11 virtual asset trading platforms, and a licensing regime for stablecoins is expected to be launched later this year. The Financial Secretary also noted the HKSAR Government’s leadership role in promoting tokenisation, including the issuance of three batches of tokenised green bonds amounting to around US$2.1 billion.

Mr Chan also engaged with a number of officials from different economies and regional organisations attending the WEF Annual Meeting, including Deputy Prime Minister and the Minister of Finance of Thailand, Mr Ekniti Nitithanprapas; the Secretary-General of the Cooperation Council for the Arab States of the Gulf, Mr Jasem Mohamed Albudaiwi; the Minister of Investment and Foreign Trade of Egypt, Mr Hassan El Khatib; and the State Secretary for International Finance at the Federal Department of Finance of Switzerland, Ms Daniela Stoffel. They exchanged views on the global political and economic landscape and issues of mutual concern, and explored opportunities to strengthen collaboration in areas such as trade, finance, industry development and digital transformation.

During a meeting with the Director-General of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, Mr Chan reiterated that Hong Kong, China firmly supports free trade and multilateralism, and expressed support for the WTO’s efforts to pursue reforms in response to current global challenges, with a view to enhancing its agility in addressing emerging issues in international trade.

On arriving Davos (January 19), Mr Chan began his visit programme by meeting with the Minister of Economy of the Sultanate of Oman, H.E. Dr Said Mohammed Al-Saqri. During the meeting, the two sides discussed ways to deepen mutually beneficial cooperation in areas such as finance, trade, green transformation and industrial development.

Mr Chan said that Hong Kong’s advantages as a “super connector” could support Oman’s transitioning from an oil-driven growth model towards a more diversified economic structure. He said that Hong Kong could facilitate Chinese Mainland and Hong Kong enterprises to invest in Oman to support its infrastructure and industrial development. At the same time, Hong Kong’s status as an international financial centre in Asia could provide Omani enterprises with an ideal platform for fundraising and financing, as well as offshore Renminbi investment and risk management products.

Mr Chan will continue his programme in Davos, including participating at the 2026 Davos-Caixin CEO Luncheon and the “How to Finance Decarbonization?” session of the WEF Annual Meeting, before returning to Hong Kong on January 24 morning.

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The inauguration was attended by national and local government leaders, including Cristina Roque, Secretary of the Department of Trade and Industry; Pamela Baricuatro, Governor of Cebu Province; Ace Durano, Cebu Provincial Administrator; Nito Durano, Mayor of Danao City; and Carmen Durano, Vice Mayor of Danao City.

Milestone Facility for a High-Growth Region

The Danao facility is the fourth—and largest—Jollibee Group commissary in Cebu and its first multi-brand, state-of-the-art commissary in the Philippines. It comes at a time of accelerating economic momentum in VisMin, driven by a strong tourism rebound, the rise of BPO hubs, expanding agribusiness exports, and growing manufacturing clusters—factors that continue to drive employment, consumer spending, and demand across the region.

Outfitted with advanced automation and integrated systems, the commissary is designed to support increasing demand across multiple Jollibee Group brands while generating efficiencies by consolidating equipment and production capabilities. This allows the Group to scale responsibly while upholding its standards for food quality, consistency, and operational excellence.

Supporting Brand Expansion and Same-Store Growth

The Danao Commissary supplies key ingredients and products for the Group’s major brands, including Jollibee, Chowking, Mang Inasal, Greenwich, Red Ribbon, and Burger King. These brands continue to expand their store networks in VisMin while sustaining same-store sales growth.

The facility strengthens the Group’s supply chain by supporting distribution centers serving Cebu, Iloilo, Bacolod, Zamboanga, Cagayan de Oro, and Davao, as well as select areas in Luzon—ensuring reliability and scalability as the company accelerates its nationwide expansion.

Economic Impact

Speaking during the program, Department of Trade and Industry (DTI) Secretary Cristina Roque highlighted the broader economic impact of the investment.

“Every new commissary that the Jollibee Group opens represents more jobs, more security, and more growth for our local industries,” Roque said. “As we open more commissaries, we are also encouraging more investments in our country while strengthening our supply chain.”

Speaking at the inauguration, Joseph Tanbuntiong, Chief Executive Officer of Jollibee Group Philippines and Global Head of Jollibee Brand, underscored the strategic importance of the new facility to both the company’s domestic and global growth.

“The opening of the Danao Commissary is both a reflection of our journey and a new beginning,” Tanbuntiong said. “Accelerating our growth by building on the strong momentum in Visayas and Mindanao is critical to our Philippine business.”

The investment also highlights the Jollibee Group’s confidence in Cebu as a strategic hub for manufacturing and logistics.

“This commissary underscores our confidence in Cebu—its people, its capability, and its role in our growth today and in the long term,” he added.

Community Impact and Sustainability

Beyond strengthening operational capacity, the Danao Commissary is expected to deliver shared value for local communities, generating close to 500 jobs, with over 60% of the workforce coming from Danao City. At full capacity, the commissary will create 800 jobs.

Sustainability features were integrated into the facility’s design and operations in line with the Jollibee Group’s Joy for Tomorrow agenda. From Day 1 of commercial operation, the Danao Commissary operates on 99% renewable electricity from geothermal sources. It is also equipped with roof-mounted solar panels, rainwater-harvesting systems, energy-efficient equipment, and wastewater treatment systems—supporting responsible, future-ready growth.

Tanbuntiong said the inauguration marks the beginning of a shared journey among stakeholders involved in the project.

“The success of the Danao Commissary is a shared success—for Danao, for Cebu, and for the nation. Together, we are building a stronger, more inclusive, and more sustainable future.”

Hashtag: #Jollibee

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About Jollibee Group

Jollibee Foods Corporation (PSE: JFC) (the “Company”) is one of the world’s fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. It manages and operates a portfolio that includes 19 brands (the “Jollibee Group”) with over 10,000 stores and cafés across 33 countries.

The Jollibee Group’s portfolio includes nine (9) wholly-owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five (5) franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and in Botrista, a leader in beverage technology.

The Jollibee Group’s global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs).

The Company has been recognized as the Philippines’ Most Admired Company by the Asian Wall Street Journal, named one of Asia’s Fab 50 Companies, and listed among Forbes’ World’s Best Employers and Top Female-Friendly Companies. The Company is also a four-time Gallup Exceptional Workplace Award recipient and featured in TIME’s World’s Best Companies and Fortune’s Southeast Asia 500 List.

To learn more about Jollibee Group, visit www.jollibeegroup.com

At the press conference, it was announced that the Games would feature 14 sports, 15 disciplines, and 63 events, including established Olympic and Asian Games programs like swimming and sailing, as well as emerging sports such as teqball and beach kabaddi.

Eight competition venues (clusters) have been planned to support the event. Five are located along the Sanya Bay — renowned for its “Coconut Dream Promenade,” one is situated alongside the Sanya River, and two are within the Sanya Sports Center. This layout integrates the coastal beauty with the urban landscape. Construction is well underway as scheduled, and all venues are ready to welcome elite athletes from across the Asian continent.

To ensure service support for the Games, the organizing committee has designated 24 official reception hotels, capable of accommodating over 4,000 athletes and team officials. The catering services feature “dining islands” that offer Chinese cuisine, Western-style meals, and authentic Hainan specialties to satisfy the varied culinary preferences of all participating nations and regions.

According to the press conference, the opening and closing ceremonies will be held at Yasha Park within the Tianya Haijiao Scenic Area. By making the sky a backdrop, the sea a setting, and the beach a stage, both ceremonies will blend the beach sports with Hainan’s unique cultural elements. The performances will incorporate the natural beauty of Tianya Haijiao and the captivating local legend of “Luhuitou,” demonstrating the exchange and mutual learning of Asian civilizations in a multidimensional way.

Notably, the medal design for the Sanya Asian Beach Games was officially unveiled on the day. Titled “Tianya Moment,” the medal design draws inspiration from the classic Song Dynasty verse: “As the bright moon rises over the sea, we share this moment from the ends of the earth.” This poetic symbolism extends Sanya’s warm welcome to friends from across Asia. It is reported that a total of 189 medals (63 gold, 6 silver, and 63 bronze) will be awarded during the Games.

In order to foster the deep integration of culture, sports, and tourism, the organizing committee plans to host interactive experiences to promote Hainan’s intangible cultural heritage, Li and Miao ethnic folk performances, and beach concerts in key places such as the Athletes’ Village and the Yasha Park inside the Tianya Haijiao Scenic Area during the event, immersing global visitors in Hainan’s one-of-a-kind cultural charm.

Hainan is fully prepared to embrace the Games as a valuable link to connect the island’s unique tourism offerings. The premium “Competition & Leisure” round-the-island itineraries will invite athletes and visitors to discover Hainan through the Games, allowing them to be immersed in the island’s stunning natural beauty, the wonders of its tropical rainforests, the rich charm of Li and Miao ethnic cultures, and the excitement of duty-free shopping.

The issuer is solely responsible for the content of this announcement.

By Nitya Chakraborty 2025 was the year of the maverick U.S. President Donald Trump. The developments during the year beginning January 20 evolved around Trump. He was the key decision-maker, irrespective of what other countries leaders felt. He cared little for the United Nations, WTO, WHO and all other multilateral bodies. He openly said ‘I […]

The article 2025 Was Donald Trump’s Year But 2026 Is Going To Be The Year With Xi Jinping’s Domination appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).