June 29 (Bloomberg) -- Japan’s Nikkei 225 Stock Average fell 93.92, or 1 percent, to 9,783.47 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.

Papermakers: Crude oil declined for a second day, lifting optimism energy costs at papermakers will abate. Rengo Co. (3941 JT) gained 3.9 percent to 617 yen. Nippon Paper Group Inc. (3893 JT) advanced 3.1 percent to 2,515 yen. Oji Paper Co. (3861 JT) added 2.2 percent to 412 yen. Mitsubishi Paper Mills Ltd. (3864 JT) rose 1.5 percent to 134 yen.

Arisawa Manufacturing Co. (5208 JT) fell 2.4 percent to 539 yen. The industrial-materials processor widened its full-year net loss outlook to 2.45 billion yen ($25.7 million) from 1.3 billion yen, citing losses related to the sale of part of a stake in an affiliate.

CFS Corp. (8229 JT) dropped 2.8 percent to 583 yen. The supermarket chain posted a first-quarter net loss of 311 million yen, compared with 114 million yen in profit a year earlier. It cited an inventory-related charge stemming from a change in accounting methods.

Daiwa Securities Group Inc. (8601 JT) plummeted 12 percent to 587 yen, the sharpest slide since April 2000. Japan’s second- biggest brokerage plans to sell about 240 billion yen of shares to expand its overseas business in Asia and emerging markets. The company plans to sell the shares in Japan and overseas, it said in statements. The total includes about 133 billion yen of new shares to be sold mainly in Japan.

F@N Communications Inc. (2461 JQ) soared 12 percent to 143,000 yen. The Internet marketing service provider was raised to “buy” from “hold” by KBC Securities analyst Hiroshi Kamide.

GS Yuasa Corp. (6674 JT) plunged by its daily limit of 11 percent to 843 yen. The battery maker was rated “sell” in new coverage by Goldman Sachs analyst Takashi Watanabe.

Other battery makers also declined. Meidensha Corp. (6508 JT) tumbled 12 percent to 532 yen. FDK Corp. (6955 JT) lost 9.6 percent to 170 yen. Shin-Kobe Electric Machinery Co. (6934 JT) sank 8.3 percent to 916 yen.

Hamamatsu Photonics K.K. (6965 JT) tumbled 7.3 percent to 1,841 yen, its steepest drop since Nov. 13. The maker of electron tubes and semiconductors reversed its full-year forecast to a net loss of 700 million yen from 2.6 billion yen in profit. It slashed its sales outlook by 11 percent to 68.8 billion yen, citing plunging orders. The company plans to pay a full-year dividend of 30 yen, down from 46 yen a year earlier.

Kaneka Corp. (4118 JT) rose 2.7 percent to 656 yen. The synthetic-resin maker will start supplying solar cells to builders this summer, the Nikkei newspaper reported without citing anyone. The company has until now exported more than 90 percent of the solar cells it manufactures to Europe and sold the rest to major Japanese homebuilders, according to the report.

Mizuho Financial Group Inc. (8411 JT) slid 3.4 percent to 229 yen. Japan’s third-largest bank by market value may start selling about 600 billion yen of shares as early as this week, two people with knowledge of the matter said.

Nissha Printing Co. (7915 JT) rose 5.5 percent to 4,580 yen, the highest since Nov. 19. The electronic-components maker was rated “strong buy” by Yoshihiro Ujihara, an analyst at Mizuho Securities Co.

Rokko Butter Co. (2266 JO) jumped 8.5 percent to 445 yen, the highest since July 2007. The dairy products maker will post 900 million yen in net income for the six months ending June 30, beating its forecast of 370 million yen, buoyed by strong sales of cheese, the yen’s relative strength and cost cuts.

Seino Holdings Corp. (9076 JT) dropped 3.2 percent to 778 yen. The transportation company was lowered to “sell” from “buy” by Naoko Matsumoto, an analyst at Nikko Citigroup Ltd.

Sosei Group Corp. (4565 JT) surged by its upper daily limit of 19 percent to 127,300 yen. The biopharmaceutical company said it will start the phase III study of NVA237 for pulmonary disease.

Suzuken Co. (9987 JT) advanced 2.7 percent to 2,665 yen. The drug wholesaler was lifted to “overweight” from “equalweight” by Toshihide Yoda, an analyst at Barclays Capital.

Takashimaya Co. (8233 JT) climbed 4.5 percent to 751 yen, the highest since Nov. 12. The department-store chain had its 12-month price estimate increased to 740 yen from 700 yen by Masafumi Shoda, an analyst at Nomura Holdings Inc.

Takeda Pharmaceutical Co. (4502 JT) slipped 2.4 percent to 3,700 yen. Asia’s biggest drugmaker failed to gain U.S. regulatory approval to market its new diabetes drug alogliptin because of insufficient data. The Food and Drug Administration demanded more data on cardiovascular risks, Osaka-based Takeda said in a statement.

Tsurumi Manufacturing Co. (6351 JT) increased 3.4 percent to 603 yen. The maker of submersible pumps said it will buy back as much as 1.97 percent of its total shares.

Yokogawa Electric Corp. (6841 JT) jumped 7 percent to 641 yen. Tokai Tokyo Securities Co. analyst Haruo Sato upgraded the world’s biggest maker of electronic measuring tools to “neutral” from “below average.”

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

Last Updated: June 29, 2009 02:57 EDT