Aoyama, Bridgestone, Fancl, Leopalace21, Softbank, Toray: Japanese Stocks

Japan’s Nikkei 225 Stock Average rose 134.66, or 1.3 percent, to 10,499.25 at 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.

Aoyama Trading Co. (8219 JO) jumped 8.6 percent to 1,664 yen, headed for the biggest increase since November 2008. The menswear retailer projected a 30 percent increase in full-year net income to 7.3 billion yen ($79.1 million).

Bridgestone Corp. (5108 JT) gained 4.5 percent to 1,631 yen, set for the highest close since Sept. 25. The tiremaker more than doubled its first-half profit forecast to 27 billion yen from 11 billion yen, citing rising sales and improving efficiency as a result of greater capacity utilization.

Capcom Co. (9697 JT) rose 2.7 percent to 1,800 yen. The publisher of the “Monster Hunter” video-game series booked 2.17 billion yen in full-year net income, 73 percent lower than a year earlier. It forecast profit will jump to 8 billion yen this fiscal year as sales increase.

Don Quijote Co. (7532 JT) advanced 3.8 percent to 2,580 yen, on course for its sharpest gain since Oct. 30. The discount- store operator’s net income for the nine months ended March 31 jumped to 9.39 billion yen from 4.23 billion yen a year earlier as sales increased.

Fancl Corp. (4921 JT) tumbled 12 percent to 1,437 yen, set for the largest drop since November 2000. The maker of cosmetics and nutritional supplements was cut to “neutral” from “buy” by Kyoichiro Shigemura, an analyst at Nomura Holdings Inc.

Genky Stores Inc. (2772 JQ) lost 5.9 percent to 1,251 yen, set for its biggest drop since June 16, 2009. The drugstore operator plans to raise as much as 450 million yen by selling shares to the public, according to a filing with Japan’s Finance Ministry.

Keyence Corp. (6861 JT) climbed 3.7 percent to 21,920 yen, headed for the steepest advance since Aug. 26. The sensor maker forecast its net income will rise 38 percent to 52 billion yen this fiscal year.

Leopalace21 Corp. (8848 JT) plunged by its daily limit of 100 yen, or 18 percent, to 448 yen, set for the sharpest slip since May 2006. The real-estate company’s full-year net loss totaled 79 billion yen, wider than its 35.1 billion yen loss projection, according to a preliminary earnings statement. The wider loss was affected by charges related to restructuring, room vacancies and impaired assets, the developer said.

Minebea Co. (6479 JT) rallied 6.1 percent to 561 yen. The ball-bearing maker said net income for the year ended March 31 jumped to 6.66 billion yen from 2.44 billion yen a year earlier, while sales dropped 11 percent. It forecast its profit will increase 88 percent this fiscal year.

Nabtesco Corp. (6268 JT) jumped 6.2 percent to 1,178 yen. The hydraulic-equipment maker posted full-year net income of 4.02 billion yen, 34 percent higher than it forecast. The company expects its profit will more than double to 8.1 billion yen this fiscal year.

Namco Bandai Holdings Inc. (7832 JT) slid 2.2 percent to 873 yen. The video-game developer turned to a net loss of 29.1 billion yen for the year ended March 31 as sales declined 11 percent. The company expects a 4.5 billion yen profit this fiscal year.

NTN Corp. (6472 JT) rose 2.4 percent to 386 yen. The bearing maker may post net profit of around 9.5 billion yen for the year ending March 31, Nikkei English News reported. NTN had been projected to lose 2 billion yen in fiscal 2009, Nikkei said.

Sawai Pharmaceutical Co. (4555 JT) rallied 6.3 percent to 7,590 yen, the highest price since at least December 2000. The drugmaker said in a preliminary earnings statement its net income for the year ended March rose more than expected to 4.95 billion yen from 2.44 billion yen a year earlier. It had earlier forecast a 3.8 billion yen profit.

Softbank Corp. (9984 JT) gained 3.2 percent to 2,137 yen. The exclusive iPhone carrier in Japan said it will price Apple Inc.’s iPad tablet computer at 48,960 yen for the basic model with Wi-Fi capability and 16 megabytes of memory. Softbank will begin taking orders on May 10 for the iPad, which will be available in Japan on May 28.

Sumitomo Rubber Industries Ltd. (5110 JT) leapt 5.6 percent to 863 yen. Japan’s second-largest tiremaker by market value more than tripled its first-half net income forecast to 7 billion yen, citing higher overseas demand and improved earnings at its venture with Goodyear Tire & Rubber Co.

Toray Industries Inc. (3402 JT) advanced 4.5 percent to 539 yen. The fiber maker won a 15-year order to supply carbon-fiber materials to Airbus SAS, Nikkei English News said. The agreement could be worth as much as 300 billion yen and may be announced as early as today, the report said.

Yamatake Corp. (6845 JT) jumped 6.6 percent to 2,318 yen, on course for the biggest increase since December 2008. The maker of automation equipment booked full-year net income of 6.24 billion yen, beating its forecast by 14 percent. The company said it expects profit will rise 52 percent this fiscal year.

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

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