Aeon, Fujikura, JX, Kawasaki Kisen, Mitsui O.S.K., Oji Paper: Stock Movers

Japan’s Nikkei 225 Stock Average fell 26.14, or 0.3 percent, to 9,758.40 as of 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.

Aeon Co. Ltd. (8267 JT) declined 2 percent to 940 yen. The supermarket operator and Parco Co. (8251 JT) are in competition with other companies to buy the Seibu department store in Tokyo’s Yurakucho district, Nikkei English News reported, without saying how it obtained the information. Parco slipped 2.3 percent to 764 yen.

Comsys Holdings Corp. (1721 JT) sank 2.8 percent to 765 yen, the lowest close since April 2009. The telecommunication company was lowered to “market perform” from “outperform” by Mitsubishi UFJ Morgan Stanley Securities Co.

Electric Power Development Co. (9513 JT) retreated 2.9 percent to 2,666 yen. Japan’s biggest power wholesaler, known as J-Power was cut to “market perform” from “outperform” by Mitsubishi UFJ Morgan Stanley Securities Co.

Fujikura Ltd. (5803 JT) fell 2.6 percent to 411 yen. The maker of optic-fiber products was among companies that were fined for price fixing, Japan’s Fair Trade Commission said in a statement on its website.

Funai Electric Co. (6839 JO) surged 8.3 percent to 3,510 yen, the sharpest gain since June 24. The maker of audio-visual equipment was increased to “overweight” from “equalweight” Barclays Plc.

Internet Initiative Japan Inc. (3774 JT) jumped 4.9 percent to 229,100 yen. The Internet connection services provider had its rating increased to “buy” from “hold” at Citigroup Inc.

JX Holdings Inc. (5020 JT) gained 4.6 percent to 496 yen. The oil company’s Nippon Oil unit plans to invest about 20 billion yen ($221.8 million) to begin commercial production of a new biofuel in Southeast Asia by fiscal 2015, Nikkei English News said, without citing anyone.

Kawasaki Kisen Kaisha Ltd. (9107 JT) advanced 3.9 percent to 343 yen. Japan’s third-largest shipping line was raised to “buy” from “neutral” by Nomura Holdings Inc.

Mitsui O.S.K. Lines Ltd. (9104 JT) gained 2.6 percent to 624 yen. The shipping line was boosted to “buy” from “neutral” by Nomura Holdings Inc.

Netmarks Inc. (3713 JT) surged 11 percent to 15,500 yen. Nihon Unisys Ltd. (8056 JT) offered to buy out the computer- services provider, the companies said in a joint press release. Nihon Unisys rose 0.5 percent to 647 yen.

NTT DoCoMo Inc. (9437 JT) increased 3.1 percent to 140,000 yen, the sharpest gain since Sept. 10. The mobile-phone-network operator was raised to “strong buy” from “above average” by Tokai Tokyo Securities Co.

Oji Paper Co. (3861 JT) climbed 3 percent to 444 yen. The papermaker was raised to “buy” from “neutral” by Takaaki Muramatsu, an analyst at UBS AG.

Relo Holdings Inc. (8876 JQ) dropped 2.8 percent to 1,409 yen. The property manager plans to raise as much as 1.47 billion yen by selling existing shares to repay debt.

Renown Inc. (3606 JT) soared by the daily limit of 50 yen, or 35 percent, to 191 yen, its steepest gain since listing in March 2004. Shandong Ruyi Group, a Chinese maker of textiles and apparel, said it expects to sign a contract soon to acquire a stake in the Japanese clothing maker.

Riso Kyoiku Co. (4714 JT) advanced 3 percent to 5,080 yen. The school operator said it will spend as much as 200 million yen to repurchase up to 0.9 percent of its shares.

Santen Pharmaceutical Co. (4536 JO) gained 2 percent to 3,075 yen, the highest close since Nov. 11. The maker of eye drops was raised to “outperform” from “neutral” at Credit Suisse Group AG.

To contact the reporters on this story: Anna Kitanaka in Tokyo at akitanaka@bloomberg.net; Akiko Ikeda in Tokyo at iakiko@bloomberg.net.

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