Aeon, Ajinomoto, Daiei, Dentsu, Tokyo Broadcasting System: 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.

ABC-Mart Inc. (2670 JT): The shoe retailer said first- quarter net income rose to 3.71 billion yen ($42.5 million) from 3.56 billion yen a year earlier as sales grew. The stock dropped 0.2 percent to 3,285 yen.

Aeon Co. (8267 JT): The retailer posted first-quarter net income of 19.3 billion yen, rebounding from a net loss of 2.49 billion yen a year earlier. Aeon slid 1.7 percent to 933 yen.

Ajinomoto Co. (2802 JT): The maker of food products said it had a first-quarter charge of 7.69 billion yen from a drop in the value of investment securities. The stock gained 0.5 percent to 813 yen.

Canon Inc. (7751 JT) and Honda Motor Co. (7267 JT): The companies will probably lower their assumed exchange rate to about 110 yen to the euro, from 120 yen and 125 yen respectively, Nikkei English News said. Canon fell 0.5 percent to 3,335 yen. Honda sank 1.6 percent to 2,524 yen.

Dai Nippon Printing Co. (7912 JT): The printing service company intends to sell digital books and has requested cooperation from some book publishers, Nikkei English News reported. The stock fell 0.3 percent to 1,030 yen.

Daiei Inc. (8263 JT): The retailer reported first-quarter net income of 250 million yen, compared with a net loss a year earlier, citing lower utility expenses and other operating costs. The stock rose 0.6 percent to 363 yen.

Daisyo Corp. (9979 JT): The Japanese-style pub chain said June sales at restaurants open at least 13 months declined by 7.5 percent from a year earlier. The stock fell 0.4 percent to 1,050 yen.

Dentsu Inc. (4324 JT): Japan’s largest advertising company reported an 8.3 percent increase in June sales on a parent basis. The stock advanced 0.3 percent to 2,290 yen.

Fuji Electronics Co. (9883 JT): The trader of electronic components said first-quarter net income jumped to 546 million yen from 54 million yen a year earlier, with a 73 percent surge in sales. The stock gained 2.4 percent to 976 yen.

Izumiya Co. (8266 JT): The supermarket operator said its first-quarter net loss narrowed to 117 million yen from 1.27 billion yen a year earlier, as cost cuts failed to offset lower revenue. The stock lost 0.8 percent to 383 yen.

Kirin Holdings Co. (2503 JT): The brewery may post a 32 percent increase in first-half operating profit to about 53 billion yen on cost cuts, Nikkei English News said. That compares with its 50 billion yen forecast. The stock slipped 0.6 percent to 1,118 yen.

Maxvalu Tokai Co. (8198 JT): The supermarket chain said June same-store sales fell 3.4 percent from the same month a year earlier, dragged down by sales per customer. The stock advanced 0.3 percent to 1,005 yen.

Ministop Co. (9946 JT): The convenience store operator said first-quarter net income gained 47 percent to 331 million yen. The stock slipped 1.5 percent to 1,209 yen.

Mitsubishi Electric Corp. (6503 JT): The electronics maker will double this fiscal year’s planned capital spending on power semiconductors to 10 billion yen, the Nikkan Kogyo newspaper said. The stock slid 1.1 percent to 718 yen.

Mitsubishi UFJ Financial Group Inc. (8306 JT): The company’s Bank of Tokyo-Mitsubishi UFJ unit intends to start a fund to make loans to companies in 18 growth sectors under the Bank of Japan’s new lending facility, Nikkei English News said. The stock lost 1 percent to 414 yen.

Sanei-International Co. (3605 JT): The apparel maker said same-store sales in June fell 5.8 percent from a year earlier. The stock slumped 0.6 percent to 1,072 yen.

Sharp Corp. (6753 JT): The company, which plans to build its first overseas solar-cell factory in Italy, may also construct a second factory elsewhere, the Sankei newspaper said. The stock slid 1.5 percent to 939 yen.

Takeda Pharmaceutical Co. (4502 JT): The drugmaker will set aside 50 billion yen annually for the next three years to buy other companies’ new drugs, the Yomiuri newspaper said, citing an interview with President Yasuchika Hasegawa. The company, which now has 900 billion yen in cash, could also spend as much as 550 billion yen to acquire an entire company, the report said. The stock rose 1 percent 3,935 yen.

Tokai Carbon Co. (5301 JT): The maker of carbon-based industrial products may post a record annual operating profit of nearly 2 billion yen for units in Asia excluding Japan, on higher demand in Thailand and China, Nikkei English News reported. The stock dropped 1.6 percent to 423 yen.

Tokyo Broadcasting System Holdings Inc. (9401 JT): The TV broadcaster posted a first-quarter charge of 6.87 billion yen for securities valuation losses. Also, Nikkei English News reported the Tokyo High Court ruled Tokyo Broadcasting can buy back stock from Rakuten Inc. (4755 JQ) for 1,294 yen apiece. The decision matches one made by a lower court, the report said. Tokyo Broadcasting leapt 0.4 percent to 1,220 yen. Rakuten rose 0.6 percent to 66,300 yen.

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.