Asics, DIC, Elpida, Nippon Yusen, Square Enix, Zeria: Japan Equity Movers

Japan’s Nikkei 225 Stock Average rose 6.88, or 0.1 percent, to 10,242.64 at the close in Tokyo. The following were among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.

Shipping lines: Nippon Yusen K.K. (9101 JT) led shipping companies lower in Tokyo after the Baltic Dry Index, a measure of dry-bulk shipping rates, declined yesterday for the first time since May 4. Nippon Yusen lost 5.2 percent to 331 yen. Mitsui O.S.K. Lines Ltd. (9104 JT) slid 3.8 percent to 631 yen. Kawasaki Kisen Kaisha Ltd. (9107 JT) fell 4.4 percent to 345 yen.

Asics Corp. (7936 JT) rallied 8.8 percent to 841 yen, its largest advance since March 2009. The sporting-goods maker expects net income will increase 38 percent to 11.5 billion yen ($124 million) this fiscal year as sales recover.

DIC Corp. (4631 JT) tumbled 7.6 percent to 171 yen, the steepest drop since May 12, 2009. The maker of ink and pigment plans to raise as much as 21.5 billion yen in a public share sale at home and overseas, according to filings with the nation’s Finance Ministry.

Elpida Memory Inc. (6665 JT), the world’s third-biggest maker of memory chips, declined 6.1 percent to 1,645 yen, extended yesterday’s 5.6 percent drop, after Samsung Electronics Co. (005930 KS), the world’s biggest maker of memory chips and liquid-crystal displays, said it plans to invest 26 trillion won ($22.6 billion) this year as it aims to meet surging demand and widen the gap with smaller rivals.

Medical System Network Co. (4350 JT) gained 4.4 percent to 757 yen. The drugstore operator will raise as much as 767.7 million yen from a sale of new and existing shares to the public. Medical System also said the Tokyo Stock Exchange approved it to move its shares to the market’s first section as of June 8. The company will pay a commemorative dividend of 3 yen a share, boosting its planned full-year dividend to 18 yen from 15 yen.

Nichii Gakkan Co. (9792 JT) climbed 2.8 percent to 904 yen. The provider of hospital administration expects an 11 percent advance in net income to 3.5 billion yen this fiscal year.

Square Enix Holdings Co. (9684 JT), a video-game maker, plummeted 6.8 percent to 1,661 yen, the sharpest slide since February 2009, after forecasting a 29 percent decline in operating profit to 20 billion yen for this fiscal year.

Zeria Pharmaceutical Co. (4559 JT) increased 4.6 percent to 953 yen, gaining the most since October 2008. The drugmaker forecast net income will rise 50 percent to 1.5 billion yen this fiscal year.

To contact the reporters on this story: Norie Kuboyama in Tokyo at nkuboyama@bloomberg.net; Akiko Ikeda in Tokyo at iakiko@bloomberg.net.

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