Aderans, Can Do, Fujifilm, NTT Data, Mitsubishi, NTN: Japan Stocks 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.

Aderans Holdings Co. (8170 JT): Japan’s largest wigmaker said its first-quarter operating loss widened to 2.8 billion yen ($31.5 million) from 316 million yen a year earlier on an 18 percent drop in sales. Net loss in the quarter narrowed to 1.87 billion yen. The stock advanced 1.2 percent to 1,100 yen.

Can Do Co. (2698 JT): The operator of the Japanese equivalent of dollar stores said first-half net income advanced 26 percent to 212 million yen. The retailer cut its full-year net income forecast by 23 percent to 405 million yen. The stock rose 1 percent to 93,000 yen.

Daisyo Corp. (9979 JT): The Japanese-style pub chain swung to nine-month net loss of 765 million yen from a year-earlier profit of 500 million yen. The stock gained 1.6 percent to 1,080 yen.

Fancl Corp. (4921 JT): The maker of cosmetics and nutritional supplements said it has sued privately held rival DHC Corp. for infringement of a patent on cleansing oil. Fancl rose 0.4 percent to 1,290 yen.

Fujifilm Holdings Corp. (4901 JT): The film maker plans to increase production of protective film for LCD panels by 30 percent, including an expansion of a factory in Kumamoto Prefecture, Japan, in October 2011, Nikkei English News reported. The stock advanced 1.2 percent to 2,778 yen.

Marubeni Corp. (8002 JT): The trading house will supply 2 million tons of coking coal annually under a five-year sales agreement with China’s Winsway Coking Coal Holdings Ltd. (WINCCZ HK), Nikkei English News said. Marubeni gained 2.4 percent to 473 yen.

Micron Machinery Co. (6159 JQ): The industrial grinder maker said it will buy back as much as 3.89 percent of its outstanding shares. The stock sank 2.8 percent to 1,050 yen.

Mitsubishi Corp. (8058 JT): The trading house acquired lithium sales rights from Galaxy Resources Ltd. (GXY AU) of Australia, which has a mine containing deposits with 16 years of supply, Nikkei English News reported. Mitsubishi rose 2.2 percent to 2,000 yen.

Mitsui & Co. (8031 JT): The trading company bought stakes in three oil and natural gas exploration blocks in northern Egypt for about $80 million, Nikkei English News said. The stock leapt 2 percent to 1,163 yen.

Nisshinbo Holdings Inc. (3105 JT): The textile maker may report operating profit of 3.5 billion to 4 billion yen for the three months ended June 30 helped by electronics sales and cost reductions, Nikkei English News reported. A year earlier, the company posted a 1.2 billion loss. The stock gained 2.9 percent to 918 yen.

NTN Corp. (6472 JT): The bearing maker’s inventory turnover ratio may climb to 4.7 for the year ending in March from 3.6 in fiscal 2009 amid increased demand from overseas customers, Nikkei English News reported. The stock rallied 3.5 percent to 386 yen.

NTT Data Corp. (9613 JT): The network-service company said it will investigate the actions of an employee, who was arrested on suspicion of bribing a patent office worker, to prevent any similar occurrences. The stock increased 2.3 percent to 327,500 yen.

Oji Paper Co. (3861 JT): The papermaker’s operating profit for the quarter ended June may have risen 20 percent to more than 15 billion yen as demand for some types of paper stopped declining, Nikkei English News reported. The stock rose 0.5 percent to 426 yen.

PGM Holdings K.K. (2466 JT): The golf-course operator raised its full-year net income forecast 37 percent to 17.5 billion yen. The company cut its operating profit projection 6.9 percent to 13.4 billion yen, with less-than-expected revenue. The stock gained 0.6 percent to 54,800 yen.

Renown Inc. (3606 JT): The apparel maker will form a venture with Shandong Ruyi Science & Technology Group (SDRUTZ CH) to open more than 300 clothing stores in China in three years. Also, Renown said first-quarter net income fell 23 percent to 1.41 billion yen as sales declined by 51 percent. Renown leapt 2.3 percent to 266 yen.

Sankyo-Tateyama Holdings Inc. (3432 JT): The aluminum-mesh maker expects a 22 percent drop in first-half net income to 1.1 billion yen. It forecast full-year net income will rise 47 percent to 3 billion yen. The stock slipped 0.9 percent to 116 yen.

Satori Electric Co. (7420 JT): The trader of electronic equipment expects a 33 percent gain in operating profit to 2 billion yen this fiscal year. The stock gained 2.2 percent to 779.

Shimachu Co. (8184 JT): The furniture store chain said nine-month net income dropped 11 percent to 5.15 billion yen. The stock rose 0.8 percent to 1,577 yen.

Tokyo Style Co. (8112 JT): The apparel maker said first- quarter net income gained 44 percent to 959 million yen, while current profit, or pretax profit from operations, in the quarter fell 38 percent to 959 million yen. The stock advanced 1.7 percent to 739 yen.

Tsudakoma Corp. (6217 JT): The textile machine maker said first-half net loss narrowed to 1.05 billion yen from 3.67 billion yen a year earlier, as sales more than doubled. The stock rallied 2.5 percent to 162 yen.

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

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