Aeon, GS Yuasa, Lawson, Shimizu, Shinsei Bank, SSP: Japan Equity Preview

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.

Aderans Holdings Co. (8170 JT): Japan’s biggest wigmaker’s net loss for the year ended Feb. 28 totaled 9.85 billion yen ($105.6 million), narrower than its forecast of an 11.9 billion yen loss, according to a preliminary earnings statement. The stock rose 0.7 percent to 1,090 yen.

Adores Inc. (4712 JQ): The game arcade operator said it will conduct a 2-for-1 stock split. The stock dropped 1.1 percent to 178 yen.

Aeon Co. (8267 JT): Japan’s second-largest retailer forecast its net income will rise as much as 22 percent to 38 billion yen this fiscal year. It booked a 31.1 billion yen profit for the year ended Feb. 28, compared with a loss of 2.76 billion yen a year earlier. The stock gained 1.4 percent to 1,087 yen.

Aeon Delight Co. (9787 JT): The building-maintenance company reported a 12 percent increase in net income for the year ended Feb. 28 to 5.47 billion yen. The company projected profit will increase 18 percent this fiscal year. The stock slid 0.4 percent to 1,437 yen.

Daiseki Co. (9793 JT): The waste disposal service company’s full-year net income fell 37 percent to 2.55 billion yen as sales dropped. Profit for this fiscal year was projected to increase 24 percent to 3.15 billion yen. The stock rose 0.5 percent to 1,916 yen.

Doutor Nichires Holdings Co. (3087 JT): The coffee-shop operator’s full-year net income was forecast to increase 27 percent to 5.32 billion yen with an increase in sales. The stock advanced 2.2 percent to 1,287 yen.

GS Yuasa Corp. (6674 JT): The storage battery maker said its subsidiary will spend 37.5 billion yen to build a plant in Shiga prefecture, central Japan, to make lithium-ion batteries for electric cars. The stock fell 1.2 percent to 669 yen.

Hitachi High-Technologies Corp. (8036 JT): The trading company may report an operating loss of 2 billion yen for the year ended in March, a 3 billion yen improvement from a prior forecast, Nikkei English News reported, without saying where it obtained the information. The stock increased 0.4 percent to 2,119 yen.

Lawson Inc. (2651 JT): The convenience-store operator said it will make Ninety-nine Plus Inc. (3338 JQ) and Lawson Entermedia Inc. (2416 JQ) wholly owned subsidiaries. Lawson will pay 33 shares for each Ninety-nine share and 21 shares for each Lawson Entermedia share. Lawson slipped 0.2 percent to 4,125 yen. Ninety-nine Plus rallied 1.9 percent to 134,500 yen. Lawson Entermedia gained 0.9 percent to 81,400 yen.

Mitsubishi Motors Corp. (7211 JT): The automaker aims to produce more than 40,000 i-MiEV electric vehicles during fiscal 2012, an increase of 10,000 units from an earlier plan, the Sankei newspaper reported, without saying how it obtained the information. The company will procure lithium-ion batteries from Lithium Energy Japan, a joint venture with GS Yuasa Corp. (6674 JT), the newspaper said. Mitsubishi Motors gained 1.5 percent to 133 yen.

Ryohin Keikaku Co. (7453 JT): The operator of the Muji retail chain said it expects net income will increase 18 percent to 8.86 billion this fiscal year. The company’s operating profit for the year ended Feb. 28 declined 18 percent to 14.1 billion yen. The stock was unchanged at 4,320 yen.

SSP Co. (4537 JT): The drugmaker said Boehringer Ingelheim (BING GR) bought 93.8 percent of shares in SSP through a tender offer. The stock gained 0.4 percent to 701 yen.

Satori Electric Co. (7420 JT): The electronic equipment trader said it will spend as much as 300 million yen to buy back up to 1.7 percent of its outstanding shares through May 24. The stock rose 1.2 percent to 752 yen.

Shimizu Corp. (1803 JT): The general contractor swung to a net loss of 7.5 billion yen in the year ended March 31 from a profit of 6.29 billion yen a year earlier because of impairment losses on fixed assets and charges on devalued stockholdings, according to a preliminary earnings statement. It had earlier projected a profit of 8 billion yen. The stock rose 0.5 percent to 397 yen.

Shinsei Bank Ltd. (8303 JT): The lender will raise capital by several tens of billions of yen by selling new securities to its existing shareholders, the Yomiuri newspaper reported, without saying where it obtained the information.

The bank plans not to pay a dividend for the year ended March 31, Nikkei English News reported, without saying how it obtained the information. The stock advanced 2.5 percent to 124 yen.

Sumitomo Electric Industries Ltd. (5802 JT): The supplier of electrical wiring and some of its rivals will be fined a total of 16 billion yen by Japan’s competition watchdog, Kyodo News service reported, without saying where it got the information. The stock rallied 1.6 percent to 1,183 yen.

Sumitomo Metal Mining Co. (5713 JT): Japan’s biggest producer of nickel said the market for the metal may swing into a deficit for the first time in four years as the global economy recovers from its worst postwar recession, fueling demand for stainless steel. The stock slid 0.4 percent to 1,422 yen.

Takeda Pharmaceutical Co. (4502 JT): The drugmaker may post a group operating profit of 410 billion yen for the year ended in March, beating its forecast by 15 billion yen, Nikkei English News said, without providing a source for the information. The stock slid 0.5 percent to 4,145 yen.

Tsukui Corp. (2398 JQ): The nursing-care provider will sell new shares for 503 yen each to the public to raise as much as 1.078 billion yen, according to a filing with Japan’s Finance Ministry. The stock jumped 5.8 percent to 530 yen.

Toho Titanium Co. (5727 JT): Asia’s second-largest titanium producer booked a full-year net loss of 2.7 billion yen, wider than an 800 million yen loss it had projected earlier, according to a preliminary earnings statement. The company cited valuation losses on inventory assets for the result. The stock lost 2.4 percent to 2,203 yen.

Tokyo Style Co. (8112 JT): The apparel maker said it had net income of 740 million yen in the year ended Feb. 28 from a loss of 9.39 billion yen a year earlier. The profit fell short of its forecast by 26 percent. The company expects profit to jump to 4.7 billion yen this fiscal year. The stock rose 0.1 percent to 702 yen.

Yoshinoya Holdings Co. (9861 JT): The restaurant chain that serves bowls of rice with stewed beef swung to a net loss of 8.94 billion yen in the year ended Feb. 28 from a profit of 208 million yen a year earlier. The company forecast a profit of 100 million yen this fiscal year. The stock dipped 0.5 percent to 97,500 yen.

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

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