The following companies may have unusual price changes in Japanese trading today. 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.
Amada Co. (6113 JT): The machinery maker intends to obtain full control of its Amada Shanghai Punch & Shear Co. joint venture, Nikkei English News reported. Amada may pay about 1 billion yen ($10.7 million) to Shanghai Electric Group Co. to acquire the other half of the joint venture, Nikkei said. Amada’s stock fell 0.1 percent to 788 yen.
Bank of Saga Ltd. (8395 JT): The regional bank’s full-year net income rose to 5.1 billion yen, more than the 3 billion yen forecast by the bank, because of lower-than-expected credit costs, according to a preliminary earnings statement. The stock dipped 0.4 percent to 270 yen.
Bic Camera Inc. (3048 JT): The consumer electronics store reported a 15 percent gain in first-half net income to 1.69 billion yen. The stock slipped 0.9 percent to 34,150 yen.
Chintai Corp. (2420 JX), Able Inc. (8872 JQ): The real- estate companies will merge under a holding company on Nov. 1. Chintai rose 0.9 percent to 38,100 yen. Able advanced 3.3 percent to 793 yen.
Cosmos Pharmaceutical Corp. (3349 JT): The drugstore operator’s net income for the nine months ended Feb. 28 surged 96 percent to 3.27 billion yen. The stock climbed 1.8 percent to 2,093 yen.
Create SD Holdings Co. (3148 JT): The drugstore operator reduced its full-year net income forecast 20 percent to 3.65 billion yen as it failed to offset a drop in sales by cutting costs. The stock rose 2.6 percent to 1,920 yen.
Eizo Nanao Corp. (6737 JT): The maker of computer displays said full-year operating profit increased to 8.8 billion yen compared with a forecast of 6.8 billion yen, helped by cost cuts, according to a preliminary earnings statement. The stock slipped 0.3 percent to 2,283 yen.
Fuji Co. (8278 JT): The operator of a shopping-center chain reported full-year net income of 917 million yen and forecast a profit of 700 million yen for this fiscal year. The stock fell 1.2 percent to 1,753 yen.
Fujitsu Ltd. (6702 JT): Japan’s biggest computer-services provider said its chip business will post its first annual profit in five years as it outsources production and closes manufacturing plants to save costs. The stock rose 1.1 percent to 629 yen.
Hogy Medical Co. (3593 JT): The maker of surgical tools expects profit will rise 4.4 percent this year to 5.14 billion yen. The stock gained 1.8 percent to 4,495 yen.
JSR Corp. (4185 JT): The maker of synthetic resin reported 13 billion yen in full-year net income, higher than its forecast of 10 billion yen, as demand increased, according to a preliminary earnings statement. The stock gained 0.2 percent to 1,946 yen.
Kohnan Shoji Co. (7516 JT): The home-center chain said net income fell 33 percent on a parent basis to 2.19 billion yen in the year ended Feb. 28. The company forecast profit will jump to 4.9 billion yen this fiscal year. The stock increased 3 percent to 1,120 yen.
Matsuya Co. (8237 JT): The department-store chain’s net loss widened to 6.34 billion yen from 1.73 billion yen a year earlier as sales fell. The company forecast a profit of 400 million yen this fiscal year. The stock advanced 2.3 percent to 938 yen.
Sanyo Electric Co. (6764 JT): Operating profit at the electrical appliances maker probably will rise 50 percent to as much as 45 billion yen for the year ending March 2011, helped by the sales reach of parent Panasonic Corp. (6752 JT) and subsidiaries, Nikkei English News reported. Sanyo was unchanged at 152 yen. Panasonic slid 0.7 percent to 1,413 yen.
Seiko Epson Corp. (6724 JT): The communications equipment maker’s Epson Toyocom may invest 10 billion yen to boost by 20 percent output of crystal parts used in products such as mobile phones, Nikkei English News said. The stock rose 0.7 percent to 1,503 yen.
Star Micronics Co. (7718 JT): The maker of electronic card said it had a net loss of 8.56 billion yen in the year ended Feb. 28, compared with profit of 4.34 billion yen a year earlier. The company projected the loss will narrow to 1.8 billion yen with an increase in sales this fiscal year. The stock dropped 1 percent to 1,063 yen.
Sumitomo Corp. (8053 JT): The trading house will pay about 5 billion yen to make its 50-50 joint venture, Australian Bulk Alliance, a wholly owned unit, Nikkei English News said. Sumitomo will buy all of Viterra Inc.’s shares in the operator of grain terminals and storage facilities, the report said. Sumitomo rose 1.7 percent to 1,139 yen.
Tokyo Steel Manufacturing Co. (5423 JT): The furnace steelmaker plans to boost output to 180,000 tons in April, 20 percent more than last month, to meet demand in Asia, Nikkei English News reported. The stock slid 0.2 percent to 1,225 yen.
Toyota Motor Corp. (7203 JT): The world’s largest carmaker said it began selling hybrid versions of its Camry sedan in China. The stock gained 0.5 percent to 3,725 yen.