June 26 (Bloomberg) -- Japan’s Nikkei 225 Stock Average rose 81.31, or 0.8 percent, to 9,877.39 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.

Cable makers: Furukawa Electric Co. (5801 JT), whose target price was lifted to 560 yen from 410 yen by Morgan Stanley analyst Harunobu Goroh, jumped 6 percent to 439 yen. Fujikura Ltd. (5803 JT), which had its target price raised to 380 yen from 220 yen by the brokerage, added 2.1 percent to 485 yen, while Hitachi Cable Ltd. (5812 JT), whose stock price estimate was boosted to 290 yen from 140 yen, climbed 7.5 percent to 314 yen.

Real estate investment trusts: Nippon Commercial Investment Corp. (3229 JT) advanced 8.4 percent to 197,900 yen, the highest since Sept. 30, while Nippon Residential Investment Corp. (8962 JT) jumped 8.6 percent to 252,900 yen. The REITs were boosted to “overweight” from “equal-weight” yesterday by Tomoyoshi Omuro, a Tokyo-based analyst at Morgan Stanley. The brokerage also upgraded Japan’s REIT sector to “attractive” from ”in- line.” Japan Retail Fund Investment Corp. (8953 JT) rose 8 percent to 445,000 yen, the highest since Sept. 29.

Japan Prime Realty Investment Corp. (8955 JT) jumped 7.5 percent to 206,800 yen. The real estate investment trust was boosted to “buy” from “underperform” by Toshiyuki Anegawa, a Tokyo-based analyst at Merrill Lynch & Co., the securities firm bought by Bank of America Corp.

Bridgestone Corp. (5108 JT) rallied 8.5 percent to 1,520 yen, the largest increase since Oct. 30. The world’s largest tiremaker narrowed its first-half net loss forecast to 46 billion yen ($480 million) from 62 billion yen, citing reduced costs.

Other tiremakers also advanced. Sumitomo Rubber Industries Ltd. (5110 JT), Japan’s second-largest tiremaker, gained 8 percent to 795 yen, while Yokohama Rubber Co. (5101 JT), the No. 3, climbed 7.6 percent to 483 yen, its highest since Nov. 6.

Densan System Co. (3630 JT) soared 8.3 percent to 744 yen, the highest since Oct. 30. The information system service company said it will buy back as much as 1.09 percent of its outstanding shares from July 1 through Sept. 14.

Japan Wind Development Co. (2766 JT) climbed 5.7 percent to 446,000 yen. The windmill service provider said a subsidiary will acquire a power-control system unit of Haneryu Corp.

Kubota Corp. (6326 JT) rose 7.2 percent to 815 yen, the highest since June 2008. Asia’s largest tractor maker was rated “buy” in new coverage by Edward Bourlet, an analyst at CLSA Asia Pacific Markets.

Lac Holdings Inc. (3857 JQ) surged 11 percent to 282 yen, the highest since Aug. 29. The network services provider said it will repurchase as many as 800,000 shares, or 3 percent of the total, on June 26.

Lawson Inc. (2651 JT) rose 2.9 percent to 4,280 yen. The convenience store chain’s pretax profit probably increased 3 percent to about 12 billion yen for the March to May quarter, Nikkei English News reported. Sales of low-priced, store-brand products and fresh food boosted the result, Nikkei said.

NHK Spring Co. (5991 JT) soared 9.3 percent to 622 yen, the highest since Sept. 26. The auto-part maker’s stock price estimate was lifted to 550 yen from 450 yen by Shinji Kakiuchi, a Tokyo-based analyst at Morgan Stanley, who maintained an “equal-weight” rating on NHK Spring.

Nippon Electric Glass Co. (5214 JT) gained 6.3 percent to 1,054 yen. The world’s third-biggest glassmaker said it will post net income of 500 million yen for the three months ending June 30. The company in April said its first-quarter results would fall between a loss of 1.5 billion yen or profit of 1.5 billion yen. Operating profit will likely total 10 billion yen in the quarter, better than an earlier estimate of as much as 5 billion yen, the company said.

Nippon Oil Corp. (5001 JT) advanced 3.1 percent to 570 yen. Inpex Corp. (1605 JT) added 1.8 percent to 754,000. JGC Corp. (1963 JT) rose 2.9 percent to 1,581 yen. Nippon Oil said it is bidding for an oil project in Iraq. The company made the announcement in response to a report that it and two other Japanese companies may next month acquire rights to develop an oil field in southern Iraq. Nippon Oil, Inpex and JGC may eventually start producing 600,000 barrels a day from the project, or more than 10 percent of Japan’s total consumption, the Yomiuri newspaper reported.

Pioneer Corp. (6773 JT) jumped 10 percent to 297 yen, while Sharp Corp. (6753 JT) added 0.4 percent to 1,012 yen. The companies said they have signed an agreement to form an optical- disk venture. Pioneer Digital Design and Manufacturing will be based in Kawasaki City, near Tokyo, and owned 66 percent by Pioneer. The venture, which has an initial-year sales target of about 38 billion yen, will begin operations Oct. 1.

Sumitomo Trust & Banking Co. (8403 JT) rose 2 percent to 552 yen. Citigroup Inc. (C US) is in final talks to sell its Japanese asset management unit to the Osaka-based lender for more than 100 billion yen, the Nikkei newspaper said. The companies aim to reach an agreement on the sale of Tokyo-based Nikko Asset Management Co. next week, the Nikkei reported.

Suzuki Motor Corp. (7269 JT) gained 5.5 percent to 2,195 yen, the highest since Sept. 10. Japan’s fourth-largest automaker gained after Volkswagen AG (VOW GR) was said to be considering a partnership, according to a person familiar with the situation.

Yamada Denki Co. (9831 JT) advanced 5.6 percent to 5,470 yen. The electronics retailer’s stock-price estimate was boosted to 7,300 yen from 6,800 yen by Nozomi Moriya, a Tokyo-based analyst at UBS AG, who maintained a “buy” rating on the shares.

Yokogawa Electric Corp. (6841 JT) gained 2.6 percent to 599 yen. The world’s biggest maker of electronic measuring tools was raised to “neutral” from “below average” by Haruo Sato, an analyst at Tokai Tokyo Securities Co.

To contact the reporters on this story: Norie Kuboyama in Tokyo at nkuboyama@bloomberg.net; Akiko Ikeda in Tokyo at iakiko@bloomberg.net.

Last Updated: June 26, 2009 03:02 EDT