All Nippon Air, Asahi Breweries, Daiwa, Fujitsu, Unicharm: Equity Preview

The following companies may have unusual price changes in Japanese trading on May 6. The country’s stock markets will be closed through May 5 for so- called Golden Week. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut, unless stated otherwise.

All Nippon Airways Co. (9202 JT): Asia’s second-largest carrier by sales predicted a return to profit this fiscal year as it cuts jobs and adds flights. The stock gained 2.1 percent to 298 yen.

Asahi Breweries Ltd. (2502 JT): Japan’s second-largest beermaker posted first-quarter net income of 4 million yen, rebounding from a 964 million-yen net loss a year earlier. The stock increased 1.6 percent to 1,693 yen.

Daiwa House Industry Co. (1925 JT): The homebuilder may report profit of 19 billion yen ($201 million) for the year ended March 31, missing a forecast of 24 billion yen, Nikkei English News said. The stock advanced 2.2 percent to 1,013 yen.

Daiwa Securities Group Inc. (8601 JT): Japan’s second- largest brokerage reported an unexpected fourth-quarter net loss as trading and fee income lagged behind the rebound at larger rival Nomura Holdings Inc. The stock rose 0.4 percent to 490 yen.

Dena Co. (2432 JT): The operator of auction and shopping websites said full-year net income gained 43 percent to 11.4 billion yen on sales growth. The stock rose 0.4 percent to 769,000 yen.

Fujifilm Holdings Corp. (4901 JT): The maker of photo film swung to a full-year operating loss of 42.1 billion yen, on a 10 percent drop in sales. The company expects to turn to operating profit of 120 billion yen this fiscal year. The stock rose 1.9 percent to 3,240 yen.

Fujitsu Ltd. (6702 JT): Japan’s biggest computer- services provider forecast full-year earnings that exceeded analyst estimates, citing demand for offerings including cloud computing. The stock gained 2.3 percent to 665 yen.

Mitsubishi Corp. (8058 JT): The trading company may post a consolidated net profit of about 260 billion yen, while Mitsui & Co. (8031 JT) may post a net profit of about 150 billion yen for fiscal 2009, Nikkei English News reported. Marubeni Corp. (8002 JT) may report a net profit of about 95 billion yen and Itochu Corp. (8001 JT) may post a net profit of about 170 billion yen, the report said. Mitsubishi fell 0.8 percent to 2,244 yen, Mitsui dropped 2.5 percent to 1,428 yen, Marubeni rose 0.2 percent to 560 yen and Itochu gained 0.1 percent to 822 yen.

Mitsubishi UFJ Financial Group Inc. (8306 JT): Japan’s largest bank’s unit, UnionBanCal Corp., acquired assets of Frontier Bank. The stock fell 1 percent to 494 yen.

Mitsui Fudosan Co. (8801 JT): Japan’s largest developer said full-year net income fell 28 percent to 60.1 billion yen. That was 20 percent above the company’s estimate. The property developer expects a 17 percent drop in profit to 50 billion yen this fiscal year. The stock rallied 3.9 percent to 1,749 yen.

Murata Manufacturing Co. (6981 JO): The maker of precision electronics expects a 78 percent surge in net income to 44 billion yen this fiscal year. The stock gained 2.6 percent to 5,600 yen.

NTT Data Corp. (9613 JT): The network-services unit of Japan’s largest phone company may buy Patni Computer Systems, India’s Business Standard newspaper said. The stock rose 1 percent to 341,500 yen.

Noritz Corp. (5943 JT): The maker of gas-fired baths and water heaters raised its full-year profit outlook 75 percent to 3.5 billion yen, citing more-than-expected demand in China and cost cuts. The stock slid 0.1 percent to 1,440 yen.

Olympus Corp. (7733 JT): The maker of digital cameras may post a group operating profit in excess of 15 billion yen for the quarter ended March 31, Nikkei English News said. The company may report annual operating profit of 60 billion yen, 1 billion more than forecast, according to the report. The stock rose 1.2 percent to 2,866 yen.

Sanrio Co. (8136 JT): The maker of Hello Kitty products said in a preliminary earnings statement full-year net income amounted to 4.3 billion yen, 34 percent more than its projection. The stock rose 0.8 percent to 974 yen.

Seiko Epson Corp. (6724 JT): The maker of printers expects to break even this fiscal year after a net loss of 19.8 billion yen a year earlier. The stock advanced 1.1 percent to 1,670 yen.

Seiko Holdings Corp. (8050 JT): The watchmaker said its board dismissed President Koichi Murano, claiming he failed to manage the company rationally, undermined corporate governance, and lost the trust of clients and employees. The stock was unchanged at 224 yen.

Seven & I Holdings Co. (3382 JT): The retailer plans to open as many as 10 home centers with half the usual floor space by the end of February 2011, the Nikkei newspaper said. Discount drugstore chain Matsumotokiyoshi Holdings Co. (3088 JT) aims to open 100 outlets a fifth of its usual size in the next three to four years, according to the report. Seven & I gained 1.1 percent to 2,407 yen. Matsumotokiyoshi rose 1.5 percent to 2,112 yen.

Showa Shell Sekiyu K.K. (5002 JT): The Japanese refining arm of Royal Dutch Shell Plc reported first-quarter net income of 8.15 billion after a 43.3 billion-yen loss a year earlier, as sales rose. The stock slipped 1.4 percent to 641 yen.

Sony Corp. (6758 JT): The maker of the PlayStation 3 video game console may report an operating profit for fiscal 2009, the first in two years, because of LCD TV sales and cost reductions, Nikkei English News reported. The stock fell 0.5 percent to 3,270 yen.

Sumitomo Electric Industries Ltd. (5802 JT): The electric wire maker’s full-year net income was 28 billion yen, beating its forecast by 40 percent, on cost cuts, according to a preliminary earnings statement. The stock advanced 1.1 percent to 1,166 yen.

TDK Corp. (6762 JT): The world’s biggest maker of magnetic heads for disk drives forecast operating profit will more than double to 62 billion yen this fiscal year from 25.8 billion yen a year earlier, with sales growth. The stock gained 1 percent to 6,070 yen.

Tokyo Electric Power Co. (9501 JT): Asia’s biggest power utility forecast lower profit in fiscal 2010 than a year earlier because it will book a special charge. The stock rose 0.2 percent to 2,357 yen.

Tokyo Tatemono Co. (8804 JT): The property developer returned to first-quarter net income of 819 million yen after a 4.81 billion-yen net loss a year earlier, as it didn’t repeat inventory charges. The stock jumped 4.6 percent to 436 yen.

Unicharm Corp. (8113 JT): The diaper maker will split its stock 3-for-1. The company also said full-year net income rose 43 percent to 24.5 billion yen, and it will buy out Unicharm Petcare Corp. (2059 JT). Unicharm gained 1.3 percent to 9,140 yen. Unicharm Petcare rose 0.5 percent to 3,130 yen.

To contact the reporter on this story: Norie Kuboyama in Tokyo at nkuboyama@bloomberg.net.

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