Japan Stocks: Aeon, Bic, Fast Retailing, Funai, JFE, Yokohama Rubber, Uny

Japan’s Nikkei 225 Stock Average was little changed at 11,167.97 as of the midday trading break in Tokyo. The following are among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.

All Nippon Airways Co. (9202 JT) gained 4.1 percent to 281 yen. The carrier had its stock price estimate raised to 350 yen from 300 yen by Naoko Matsumoto, an analyst at Citigroup Global Markets Japan Inc., who maintained the rating “buy.”

Bic Camera Inc. (3048 JT) jumped 8.8 percent to 35,150 yen, on course for the biggest increase since July 2009. The consumer electronics store raised its full-year profit forecast to 5.2 billion yen from 1.6 billion yen.

Canon Inc. (7751 JT) declined 3.4 percent to 4,220 yen. The world’s largest camera maker was cut to “neutral” from “buy” by Toshiya Hari, a Tokyo-based analyst at Goldman Sachs Group Inc.

Fast Retailing Co. (9983 JT) leapt 4.1 percent to 15,610 yen. Japan’s largest clothing retailer raised its full-year net income forecast 5.2 percent to 71 billion yen on better-than- expected sales of its thermal underwear in the first half. The company increased its planned dividend to 230 yen from 200 yen. President Tadashi Yanai said it may list shares overseas.

JFE Holdings Inc. (5411 JT) advanced 2 percent to 3,785 yen. Japan’s second-largest steelmaker was boosted to “outperform” from “neutral” by Norihide Tsuji, an analyst at Mizuho Securities Co.

Mitsui Mining & Smelting Co. (5706 JT) dropped 3.2 percent to 269 yen. Japan’s biggest refined zinc producer was cut to “underperform” from “neutral” by Shinya Yamada, a Tokyo- based analyst at Credit Suisse Group.

Net One Systems Co. (7518 JT) soared 9.4 percent to 126,500 yen, headed for the largest rise since October 2008. The communications-network designer’s net income totaled 2.5 billion yen, 19 percent more than forecast, according to a preliminary earnings statement.

Nichi-iko Pharmaceutical Co. (4541 JO) rose 2.3 percent to 2,954 yen. The prescription drugmaker was rated “overweight” in new coverage by Masayuki Onozuka, a Tokyo-based analyst at JPMorgan Chase & Co.

Seven & I Holdings Co. (3382 JT) leapt 5.2 percent to 2,434 yen, set for the highest close since February 2009. Japan’s largest retailer said net income may rise to 100 billion yen in the year ending February 2011 from 44.9 billion yen a year earlier. Separately, the company said it will buy back as much as 2.2 percent of its outstanding shares.

Sugi Holdings Co. (7649 JT) dropped 2.9 percent to 2,247 yen. The drugstore chain said full-year net income totaled 5.18 billion yen, 18 percent less than forecast, in a preliminary earnings statement.

Uny Co. (8270 JT) gained 2.9 percent to 852 yen, headed for the highest close since June 2009. The department store chain said it expects net income of 2.5 billion yen for this fiscal year, compared with a 5 billion yen loss in the year ended Feb. 20.

Wood Friends Co. (8886 JQ) rallied 5.2 percent to 204,000 yen, headed for its highest close since November 2007. The developer of made-to-order houses will buy back as much as 1.4 percent of its total shares. Also, the company said nine-month net income more than tripled to 281 million yen, with a 67 percent surge in sales.

Yokohama Rubber Co. (5101 JT) fell 3.4 percent to 424 yen. Japan’s third-largest tiremaker was rated “underperform” in new coverage by Koichi Sugimoto, a Tokyo-based analyst at Merrill Lynch & Co., the securities firm bought by Bank of America Corp.

-- With assistance from Anna Kitanaka. Editor: John McCluskey

To contact the reporters on this story: Norie Kuboyama in Tokyo at nkuboyama@bloomberg.net. Kana Nishizawa in Tokyo at knishizawa5@bloomberg.net.

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