April 13 (Bloomberg) -- Japan’s Nikkei 225 Stock Average fell 39.68, or 0.4 percent, to 8,924.43 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.

Cosmos Pharmaceutical Co. (3349 JT) advanced 5.4 percent to 1,305 yen. The drugstore operator said nine-month net income rose by 11 percent to 1.67 billion yen ($16.7 million) on a 19 percent gain in sales. The company boosted its planned full-year dividend to 15 yen from 10 yen.

Daikin Industries Ltd. (6367 JT) slid 1.9 percent to 2,820 yen. The maker of air conditioners said it discovered improper accounting practices that will have a cumulative impact of 3.3 billion yen on its earnings. Daikin found it inappropriately booked revenue for work in progress from the fiscal years 1999 to 2008, according to a statement.

Funai Electric Co. (6839 JO) rallied 5.8 percent to 3,110 yen. The company won its bid to block U.S. imports of high- definition televisions by Vizio Inc. (3100761Z US) after a federal trade agency said the TVs infringed Funai’s patent. Vizio TVs are made in Taiwan and imported to the U.S. If Vizio wants to continue to import the TVs while the ban is reviewed by President Barack Obama, it must post a bond of $2.50 for each television, the agency said.

Haseko Corp. (1808 JT) climbed 16 percent to 73 yen, surging for a second day after Credit Suisse Group AG raised its rating on the contractor to “outperform” from “neutral”, as the inventory of completed condominiums declines and creditworthiness improves.

Hitachi Ltd. (6501 JT) fell 3.9 percent to 320 yen. The nuclear reactor maker said it started an investigation of power equipment sold to Chubu Electric Power Co. (9502 JT) and Chugoku Electric Power Co. (9504 JT) after the discovery of falsified data. Chubu Electric dropped 1.2 percent to 2,100 yen. Chugoku Electric declined 1.9 percent to 2,070 yen.

Ibiden Co. (4062 JT) gained 3.4 percent to 2,575 yen, the highest since Sept. 29. The maker of ceramics and building materials said in a preliminary earnings statement operating profit for the year ended March 31 amounted to 10.4 billion yen, beating its projection by 30 percent, citing the yen weaker. Ibiden also said its full-year net loss totaled 8.3 billion yen, wider than its 5 billion yen loss forecast, due to additional charges related to deferred tax assets.

Itochu Corp. (8001 JT) climbed 5.7 percent to 575 yen. The trading house said it bought an 85 percent stake in SolarNet Inc., a California-based seller of solar power generation systems. Also, The trading company said it completed a tender offer for i-Logistics Corp. (9321 JT). Itochu paid 270 yen for each share of i-Logistics to increase its stake in the operator of warehouses and harbor transportation to 94.91 percent. I- Logistics added 0.4 percent to 261 yen.

Marubeni Corp. (8002 JT) jumped 9 percent to 401 yen. Japan’s largest wheat importer has signed an agreement with China Grain Reserves Corp. to supply the state-controlled company with grain products and soybeans, a spokesman for the Tokyo-based company said. The Nikkei newspaper earlier reported details of the accord.

Mazda Motor Corp. (7261 JT) advanced 3.9 percent to 266 yen. Japan’s second-largest car exporter will cease its auto finance tie-up with Ford Motor Co. (F US) as early as this month, the Nikkei English News reported. Mazda will use local financial institutions in overseas markets as it ends ties with Ford’s Ford Motor Credit unit in France, Spain, Belgium and Ireland.

Mitsui Engineering & Shipbuilding Co. (7003 JT) rallied 7.5 percent to 200 yen, the highest since Sept. 26. Japan’s largest maker of ship engines said in a preliminary earnings statement operating profit in the year ended March 31 amounted to 26 billion yen, beating its outlook by 13 percent, citing cost cuts. Net income totaled 10.5 billion yen, short of its 11.5 billion yen projection, due to charges from devalued stockholdings.

Nabtesco Corp. (6268 JT) gained 6.6 percent to 854 yen, while Yaskawa Electric Corp. (6506 JT) rose 5.7 percent to 504 yen. The factory automation-related makers were rated “outperform” in new coverage by Shinji Kuroda, a Tokyo-based analyst at Credit Suisse Group.

Onward Holdings Co. (8016 JT) extended its 3.8 percent drop on April 10, falling 7.2 percent to 628 yen. The apparel maker said on April 9 that it had a net loss of 30.9 billion yen in the year ended Feb. 28, wider than its loss forecast of 16.9 billion yen because of goodwill depreciation and impairment losses on fixed assets. The company earned 12.2 billion yen a year earlier.

Pioneer Corp. (6773 JT) extended its 27 percent surge on Friday, rising 4.8 percent to 307 yen. Pioneer and Sharp Corp. (6753 JT), electronics makers, reached an agreement to form a venture to make optical disk drives, recorders and players. Sharp slid 0.2 percent to 918 yen.

Sumitomo Osaka Cement Co. (5232 JT) fell 1.7 percent to 234 yen. The cement maker’s full-year profit fell to breakeven from 5.07 billion yen a year ago, because of a decline in domestic demand for cement and losses from devalued stockholdings, it said in a preliminary earnings statement. The company had earlier projected a profit of 1.9 billion yen.

Takashimaya Co. (8233 JT) rose 3.3 percent to 665 yen. The department store operator’s rating was raised to “buy” from “hold” by Daisuke Yamaguchi, an analyst at Nikko Citigroup Ltd. The retailer said it expects full-year net income to decline 36 percent to 7.5 billion yen with an 8.2 percent drop in sales.

Teijin Ltd. (3401 JT) advanced 4.5 percent to 256 yen. The textile maker will double production of resins made from plants at its Minnesota-based joint venture with Cargill Inc., a U.S. grain producer, the Nikkei newspaper said.

Usen Corp. (4842 JX) rallied 3.1 percent to 133 yen. The cable broadcaster and Internet service provider posted 77 million yen in net income for the six months ended Feb. 28, recovering from a net loss of 10.5 billion yen a year ago. The company had projected it would break even. Usen said bigger- than-expected sales from media content and recruitment businesses along with cost cuts contributed to earnings.

Yukiguni Maitake Co. (1378 JT) soared 12 percent to 371 yen, the highest since April 2007. The maitake mushroom grower said it will buy back as much as 2.2 percent of its outstanding shares through June 30.

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

Last Updated: April 13, 2009 02:36 EDT