June 22 (Bloomberg) -- Japan’s Nikkei 225 Stock Average rose 40.01, or 0.4 percent, to 9,826.27 as of the close in Tokyo. The following were among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.

Acrodea Inc. (3823 JT) declined 5.8 percent to 81,500 yen. The software developer said it will sell warrants to Merrill Lynch Japan Securities Co. (1186Z JP), which are convertible to 1.6 billion yen ($16.7 million) in stock.

Asahi Co. (3333 JT) climbed 7.1 percent to 2,650 yen, the highest since at least December 2005. The bicycle retailer’s net income in the three months ended May 20 jumped 71 percent to 828 million yen with a 28 percent gain in sales on a parent basis. The company said growing interest in health and environmental issues expanded its customer base.

DCM Japan Holdings Co. (3050 JT) rose 3 percent to 619 yen. The home-center chain was boosted to “buy” from “underperform” by Hidehiko Aoki, a Tokyo-based analyst at Merrill Lynch & Co., the securities firm bought by Bank of America Corp.

Foster Electric Co. (6794 JT) fell 2.3 percent to 1,034 yen. The maker of audio speakers said an employee at a subsidiary in South Korea misappropriated company funds since 2004. The loss may total 164 million yen.

Fuji Electric Holdings Co. (6504 JT) soared 12 percent to 168 yen, its biggest gain since Oct. 28, while Furukawa Electric Co. (5801 JT) climbed 7.4 percent to 378 yen. The companies will jointly develop a power chip for hybrid cars to extend battery life, the Nikkei newspaper said.

Hioki E.E. Corp. (6866 JT) fell 2.6 percent to 1,832 yen. The maker of electric measuring devices more than halved its net income forecast for the year ending Dec. 31 to 260 million yen from 575 million yen because of slumping demand for its products. It reduced its sales outlook 14 percent to 11.9 billion yen.

Iseki & Co. (6310 JT) rallied 8.9 percent to 356 yen. The agricultural machinery maker said it will cooperate with Mitsubishi Heavy Industries Ltd. (7011 JT) to comply with exhaust regulation. Mitsubishi Heavy will supply diesel engines to Iseki for agricultural machinery. Mitsubishi Heavy fell 0.5 percent to 396 yen.

Miyachi Technos Co. (6885 JT) slumped 7.2 percent to 579 yen, its steepest drop since Nov. 11. The maker of laser welders widened its net loss outlook to 2.1 billion yen from 1.73 billion yen for the year ending June 30 citing restructuring costs in Europe and job-cut expenses in the U.S. The company will skip its yearend dividend. Miyachi paid a second-half dividend of 17.5 yen a year earlier.

Money Partners Group Co. (8732 JX) jumped 8.5 percent to 51,700 yen, rising the most since Dec. 5. The foreign-exchange provider was approved by the Osaka Securities Exchange to become a market maker for the bourse’s FX Margin Trading unit that is slated to start on July 21, Money Partners said in a release on Friday.

Monotaro Co. (3064 JT) soared 17 percent to 1,275 yen, the steepest rise since May 2008. W.W. Grainger Inc., a U.S. supplier of heavy equipment and tools, may obtain a controlling stake in the tool seller. Grainger plans to offer 1,010 yen a share to increase its stake in Monotaro to 47.84 percent from 38.34 percent through a tender offer. The stake may rise to 53 percent if Monotaro cancels shares repurchased through a buyback program announced at the same time. Monotaro said it will repurchase as much as 19.87 percent of its outstanding shares through Sept. 20.

Nextech Corp. (3767 JT) was untraded, offered at 2,130 yen and poised to drop by its daily limit from the last close of 2,530 yen. The developer of systems for the manufacturing industry will be delisted from the Tokyo Stock Exchange’s Mothers section on July 20, according to the exchange’s Web site.

Nishimatsuya Chain Co. (7545 JT) climbed 7.8 percent to 926 yen. The apparel retailer’s first-quarter net income climbed 82 percent to 1.38 billion yen on a parent basis due to the absence of a one-time loss a year ago.

Nissan Motor Co. (7201 JT) gained 5.6 percent to 599 yen, while NEC Corp. (6701 JT) rose 3.2 percent to 391 yen. The companies may invest as much as $1 billion in a U.S. electric car plant to tap government loans for environmentally friendly vehicles, Nikkei English News reported. The automaker will tie up with NEC to produce lithium-ion batteries at the factory in Smyrna, Tennessee, Nikkei said on June 20.

Nisshin Seifun Group Inc. (2002 JT) advanced 3.2 percent to 1,138 yen. The flour maker was raised to “neutral” from “underperform” by Yoshiyasu Okihira, a Tokyo-based analyst at Credit Suisse Group AG.

Nitori Co. (9843 JT) added 2.2 percent to 6,620 yen. The furniture retailer increased its net income forecast for the year ending Feb. 20 by 12 percent to 20.9 billion yen, saying television advertisements about discounts boosted sales. Nitori’s first-quarter profit jumped 36 percent to 8.84 billion yen on a 15 percent gain in sales.

Pioneer Corp. (6773 JT) lost 3 percent to 288 yen. The maker of car audio and navigation systems postponed a plan to sell new shares to Honda Motor Co. (7267 JT). Pioneer, which had planned to sell shares by the end of this month, is in talks with other potential investors. Honda fell 1.2 percent to 2,585 yen.

Roland Corp. (7944 JO) rose 2.5 percent to 1,090 yen. The company will reduce costs, inventories and its lineup of electronic musical instruments under a restructuring plan, the Nikkei newspaper said, citing President Hidekazu Tanaka.

Sapporo Holdings Ltd. (2501 JT) surged by its upper daily limit of 18 percent to 514 yen, the biggest gain since October 1990. The brewery was lifted to “outperform” from “underperform” by Yoshiyasu Okihira, a Tokyo-based analyst at Credit Suisse Group.

Stylife Corp. (3037 JX) jumped by its upper limit of 14 percent to 81,000 yen, rising the most since January 2008. The apparel distributor said it agreed with KDDI Corp. (9433 JT) to cooperate in opening an online shopping site. KDDI slid 2.4 percent to 496,000 yen.

Trans Genic Inc. (2342 JT) soared by its daily limit of 14 percent to 17,180 yen. The biomedical company and the National Cancer Center have won an antibody patent for a pancreas cancer marker and its related diagnosis applications in Japan, Trans Genic said in a release on Friday.

To contact the reporter on this story: Norie Kuboyama in Tokyo at nkuboyama@bloomberg.net.

Last Updated: June 22, 2009 03:14 EDT