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Aeon Mall, Densan, Eisai, Orix, Takeda, Toshiba: Japanese Equity Preview

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.

Aeon Mall Co. (8905 JT): The shopping mall operator said first-quarter operating profit rose 11 percent to 9.95 billion yen ($110 million) with higher revenue. The stock lost 2.4 percent to 1,806 yen.

Densan Co. (3640 JT): The information-services company will start trading on the Tokyo Stock Exchange. The initial offering price was 3,500 yen.

Eisai Co. (4523 JT): The drugmaker said it received priority review status in Japan for eribulin, an experimental cancer drug. The stock fell 0.7 percent to 2,979 yen.

Fast Retailing Co. (9983 JT): The apparel retailer plans to double its output of its products outside of China to more than 30 percent in 2012, Nikkei English News reported. The stock slid 0.4 percent to 14,260 yen.

Honda Motor Co. (7267 JT): Japan’s second-biggest carmaker plans to resume production today at two factories in Guangzhou, China, that were shut after a walkout at a supplier, a Honda spokesman in China said by telephone. The stock declined 1.5 percent to 2,720 yen.

Kenedix Inc. (4321 JT): The provider of real-estate- investment services said it signed a contract for a syndicated loan of 14.6 billion yen. The stock lost 3.1 percent to 20,030 yen.

Kita-Nippon Bank Ltd. (8551 JT): The regional bank said it will buy back up to 1.72 percent of its shares. The stock slipped 0.7 percent to 2,238 yen.

Nintendo Co. (7974 JO): The maker of portable video-game players may work more closely with outside developers to create 3-D titles for its Nintendo 3DS game system, Nikkei English News reported, citing an interview with President Satoru Iwata. The move changes the company’s strategy from creating its own titles, Nikkei said. The stock lost 3.6 percent to 27,280 yen.

Orix Corp. (8591 JT): Tokyo Star Bank Ltd. plans to sell 200,000 preferred shares to Orix for 10 billion yen, according to a filing with Japan’s finance ministry. Orix slid 1.2 percent to 6,830 yen.

Shinsei Bank Ltd. (8303 JT): The lender aims to post 32 billion yen of net income in fiscal 2012, compared with a loss of 140.1 billion yen for the year ended March. Shinsei separately said it plans to spend up to 5 billion yen to buy back as many as 25 million shares between July 1 and June 30, 2011. Also, Japan’s Financial Services Agency may issue a business improvement order to Shinsei Bank by the end of June, Nikkei English News reported. The stock was unchanged at 89 yen.

Shochiku Co. (9601 JT): The movie producer and theater operator will sell new shares for 657 yen each to raise as much as 3.6 billion yen, according to a statement to the nation’s finance ministry. The stock declined 2.3 percent to 678 yen.

Takeda Pharmaceutical Co. (4502 JT): Asia’s largest drugmaker said it plans to set up a subsidiary in South Korea in August to market key drugs. Takeda lost 1.2 percent to 3,820 yen.

Toshiba Corp. (6502 JT): The company will boost production of motors for hybrid cars and aim for annual auto-related sales of 700 billion yen by the year ending March 2016, the company said in a statement. Toshiba won a contract with Ford Motor Co. (F US) to provide it with hybrid-car motors starting in 2012. Toshiba retreated 1 percent to 484 yen.

Total Medical Service Co. (3163 JQ): The drugstore chain operator will start trading on the Osaka Securities Exchange’s Jasdaq market. The initial offering price was 4,200 yen.

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

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