The following companies may have unusual price changes in Japanese trading today. 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.
Capcom Co. (9697 JT): The software publisher will stop commissioning games from foreign developers after poor sales from two titles, the Financial Times reported, citing an interview with President Haruhiro Tsujimoto. The stock slid 1.1 percent to 1,693 yen.
Credit Saison Co. (8253 JT): The consumer-credit company had net income of 18.7 billion yen in the year ended March 31 from a net loss a year earlier. It expects profit to fall 52 percent this fiscal year. The stock slid 1.9 percent to 1,309 yen.
Dai Nippon Printing Co. (7912 JT): The printing company said it expects net income to advance 40 percent to 32.5 billion yen this fiscal year. Separately, the company will start offering electronic books to Japanese libraries for rental over the Internet, the Nikkei newspaper said, without citing anyone. The stock dropped 2.2 percent to 1,218 yen.
Daiwa Securities Group Inc. (8601 JT): The brokerage will increase capital at its Hong Kong, India, Singapore and South Korea units this fiscal year, allowing them to handle bigger stock-underwriting deals, Nikkei English News said. The stock slid 1.6 percent to 426 yen.
Geo Corp. (2681 JT): The retailer of books and videos said it plans to raise as much as 5.6 billion yen by selling equity warrants to Merrill Lynch Japan Securities Co. Geo rose 0.4 percent to 102,100 yen.
Honda Motor Co. (7267 JT): Japan’s second-largest carmaker said it will spend as much as 10 billion yen to buy back shares. The stock slipped 2 percent to 3,015 yen.
Mizuho Financial Group Inc. (8411 JT): Japan’s third- largest bank by market value returned to profit in the fiscal year through March and said it plans to sell as much as 800 billion yen of shares to raise capital. The stock was unchanged at 165 yen.
Mizuho Securities Co. (8606 JT): The brokerage will set up a local unit in India as early as this summer to start an advisory service for mergers and acquisitions, with plans to obtain membership on the local stock exchange, Nikkei English News reported. Mizuho also aims to set up businesses in South Korea and Taiwan this fiscal year, the report said. The stock fell 2 percent to 250 yen.
Nippon Sheet Glass Co. (5202 JT): The glassmaker’s full- year net loss widened to 41.3 billion yen from 28.4 billion yen a year earlier on a 20 percent drop in sales. It expects the loss to narrow to 4 billion yen this fiscal year. The stock rose 0.4 percent to 278 yen.
Nippon Telegraph & Telephone Corp. (9432 JT): Japan’s largest phone company will cancel 250.9 million treasury shares. Half of the shares will be canceled in the current fiscal year and the remainder in the following year, the company said in a release. The stock retreated 0.8 percent to 3,725 yen.
Osaki Electric Co. (6644 JP): The power-meter maker will double output capacity for smart-grid electric meters by building a 2 billion yen production line, the Nikkei newspaper reported, without citing anyone. The stock fell 1.4 percent to 786 yen.
Panasonic Corp. (6752 JT): The electronics maker will build a development center in Brazil for products including washing machines and refrigerators, the Mainichi newspaper reported, without citing anyone. The stock declined 1.9 percent to 1254 yen.
Resona Holdings Inc. (8308 JT): The bank posted a 6.7 percent increase in net income to 132.2 billion yen in the year ended March 31, helped by gains from shareholdings and a decline in costs for bad loans. The stock slumped 2.1 percent to 1,095 yen.
Sega Sammy Holdings Inc. (6460 JT): The video-game maker had full-year net income of 20.3 billion yen following a net loss a year earlier. The company forecast profit will rise 8.5 percent this fiscal year. The stock advanced 0.9 percent to 1,172 yen.
Sumitomo Electric Industries Ltd. (5802 JT): The maker of electric wire forecast net income will more than double to 60 billion yen this fiscal year as sales rise. The stock slid 1.6 percent to 1,104 yen.
Taiyo Nippon Sanso Corp. (4091 JT): The industrial-gas producer said full-year net income fell 4.7 percent to 15.7 billion yen as sales declined. It expects profit will rise to 17 billion yen this fiscal year as sales recover. The stock lost 1.7 percent to 808 yen.
Tokyo Energy & Systems Inc. (1945 JT): Tokyo Electric Power Co. (9501 JT), Asia’s biggest utility, said it will raise its stake in the plant-facility contractor to 24 percent from 5.6 percent. Tokyo Energy fell 1.9 percent to 631 yen. Tokyo Electric fell 0.7 percent to 2,301 yen.
TonenGeneral Sekiyu K.K. (5012 JT): The unit of Exxon Mobil Corp. (XOM US) said first-quarter net income more than quadrupled to 31.6 billion yen from 7.66 billion yen a year earlier on sales growth. The stock declined 0.7 percent to 812 yen.
Yokogawa Electric Corp. (6841 JT): The maker of electronic measuring tools said it expects to break even this fiscal year after booking a net loss of 14.8 billion yen in the year ended March 31. The stock dropped 2.7 percent to 721 yen.
Zecs Co. (8913 JT): The provider of real-estate services said it will be delisted from the Tokyo Stock Exchange on June 15 as the company is unable to submit its quarterly report. The stock gained 5.7 percent to 370 yen.