May 29 (Bloomberg) -- The following companies may have unusual price changes in Japanese trading on June 1. Stock symbols are in parentheses, and share prices are from the previous close. The information in each item was released after markets shut, unless stated otherwise.

Futaba Industrial Co. (7241 JT): The auto-parts maker’s full-year net loss reached 38 billion yen ($393.7 million), missing its forecast by 14 percent. The company said its profit was hurt by a decline in sales due to output cuts by automakers and impairment losses on its fixed asset. Futaba expects net loss will narrow to 13 billion yen this fiscal year. The stock jumped 6.7 percent to 396 yen.

ITX Corp. (2725 JX): Sony Corp. (6758 JT) and Panasonic Corp. (6752 JT) will move their mobile phone handset sales operations to the company, which imports and exports network equipment and software. ITX, 82.1 percent held by Olympus Corp. (7733 JT), said in a statement it will pay Sony 5.6 billion yen. Panasonic, will receive 900 million yen for the transfer. ITX jumped 5.3 percent to 31,600 yen. Sony added 0.6 percent to 2,495 yen. Panasonic rose 0.4 percent to 1,368 yen. Olympus increased 1.4 percent to 1,866 yen.

Kanamoto Co. (9678 JT): The construction machinery-leasing company said it will have a net loss of 990 million yen in the year ending Oct. 31, wider than its earlier forecast of an 800 million yen deficit, as the company expects demand for construction won’t likely recover soon. The stock dropped 0.7 percent to 416 yen.

Kokusai Co. (7722 JQ): The maker of balancing machines for rotators said it will repurchase as much as 2.82 percent of its outstanding shares for up to 200 million yen through June 30. The stock surged 7.4 percent to 625 yen.

Maezawa Industries Inc. (6489 JT): The maker of water- treatment equipment said it will withdraw from its business making and selling panels made of recycled paper. Its net loss in the year ended May 31 totaled 3.31 billion yen, wider than its forecast of 1.2 billion yen, because it booked charges related to its withdrawal from the business and retirement charges, according to a preliminary earnings statement. The stock was unchanged at 188 yen.

Maruichi Steel Tube Ltd. (5463 JT): The maker of steel pipes plans to spend as much as 1.2 billion yen to buy back up to 0.5 percent of its outstanding shares through June 12. The stock gained 1.6 percent to 1,809 yen.

Mitsubishi Chemical Holdings Corp. (4188 JT): The petrochemical maker plans to stop production of caprolactam in 2013 and its styrene monomer operations in 2011. The company also agreed to swap its nylon unit for Dutch rival Koninklijke DSM NV’s (DSM NA) polycarbonate business. Mitsubishi Chemical advanced 4 percent to 441 yen.

Mitsui Mining & Smelting Co. (5706 JT) and Sumitomo Metal Mining Co. (5713 JT): The companies plan to combine some of their copper operations to form a joint venture by April 1, 2010 to cut operating costs. They will hold equal stakes in the venture. The companies plan to cut some of their sales units, and jointly purchase raw materials, resulting in savings of 1 billion yen per year. Mitsui Mining slid 0.4 percent to 224 yen. Sumitomo Metal dipped 0.6 percent to 1,348 yen.

Naikai Zosen Corp. (7018 JT): The ship builder said it plans to buy back as much as 24.65 percent of its outstanding shares for up to 2.24 billion yen from Aug. 21 through Nov. 30. The stock declined 1.5 percent to 338 yen.

Nippon Oil Corp. (5001 JT): Japan’s largest oil refiner will cut crude-oil processing by 4 percent next month from a year earlier because of declining demand, it said in Tokyo. The stock added 0.4 percent to 580 yen.

Nippon Parking Development Co. (2353 JT): The parking lot services company said net income in the nine months ended April 30 fell 15 percent to 363 million yen. It cited the absence of a one-time gain and losses from the sale of securities. The company had record sales of 5.94 billion yen, up 7 percent from a year earlier. The stock climbed 6.6 percent to 4,980 yen.

Oliver Corp. (7959 JN): The maker of furniture and home interior goods had 356 million yen in net income in the six months ended April 20, recovering from a net loss of 850 million yen a year earlier. The company said it had weak sales of furniture and interior items, as the sluggish economy reduced capital investment. Sales declined 18 percent to 10.3 billion yen. The stock dropped 3.2 percent to 1,200 yen.

Shofu Inc. (7979 JO): The maker of artificial teeth and dental-care materials will be delisted from the Osaka Securities Exchange on June 30. The stock was unchanged at 690 yen.

Sumco Corp. (3436 JT): The world’s second-largest maker of silicon wafers widened its net loss forecast for the first-half period to 50 billion yen from 37 billion yen, as it will post depreciation charges on wafer manufacturing equipment. The company booked a net loss of 26.8 billion yen in the three months ended April 30, compared with a 12.2 billion yen profit a year earlier. Sumco said slumping demand for silicon wafers as well as depreciation charges damaged its profit. The stock fell 1.1 percent to 1,469 yen.

To contact the reporter on this story: Akiko Ikeda in Tokyo at iakiko@bloomberg.net.

Last Updated: May 29, 2009 04:33 EDT