All Nippon, Canon, Daiwa, Fanuc, Obic, Sekisui Chemical: Stocks Preview

The following companies may have unusual price changes in Japanese trading today. Stock symbols are in parentheses, and share prices are from the previous close. The information in each item was released after markets shut, unless stated otherwise.

All Nippon Airways Co. (9202 JT): The airline’s operating loss for the quarter ended in June may have narrowed to about 3 billion yen ($34.1 million) from 42.4 billion yen a year earlier on higher international traffic, Nikkei English News reported. The stock rose 1 percent to 301 yen.

Canon Inc. (7751 JT): The world’s largest camera maker’s net income was 67.6 billion yen in the quarter ended June 30 from 15.6 billion yen a year earlier, the company said. That exceeded the 58 billion yen median of three analyst estimates compiled by Bloomberg News. The stock slipped 0.4 percent to 3,515 yen.

Central Japan Railway Co. (9022 JT): The parent of Japan’s largest bullet-train maker said net income rose 51 percent to 46.5 billion yen for the quarter, compared with 30.8 billion yen a year earlier. The stock climbed 0.4 percent to 724,000 yen.

Daiwa Securities Group Inc. (8601 JT): Japan’s second- largest brokerage posted a second-straight quarterly loss of 1.19 billion yen. The shares climbed 0.3 percent to 375 yen.

East Japan Railway Co. (9020 JT): The rail operator reported a 20 percent increase in net income to 45.1 billion yen for the quarter ended June 30. The shares climbed 0.4 percent to 5,800 yen.

Fanuc Ltd. (6954 JT): The industrial robot maker reported net income of 24.8 billion yen for the quarter, compared with 4.95 billion yen a year earlier. The stock declined 0.9 percent to 10,400 yen.

Hitachi Construction Machinery Co. (6305 JT): The company turned to a net profit of 1.46 billion yen in the quarter ended June 30, compared with a 8.59 billion yen loss a year earlier. The stock fell 1.5 percent to 1,802 yen.

Hitachi High-Technologies Corp. (8036 JT): The trading company increased its full-year net income forecast to 12.6 billion yen, up from its previous estimate of 10.6 billion yen. The shares declined 2.2 percent to 1,592 yen.

JS Group Corp. (5938 JT): The maker of aluminum housing materials may have operating profit of about 6 billion yen for the quarter ended in June, slightly above forecasts, Nikkei English News reported. The stock slid 0.3 percent to 1,777 yen.

Kajima Corp. (1812 JT): The contractor will slash its debt and eliminate risk on large foreign contracts to regain its credit rating, Nikkei English News reported. The stock rose 0.5 percent to 209 yen.

Mitsubishi Chemical Holdings Corp. (4188 JT): The chemicals maker may have had a group operating profit of 60 billion yen for the April-to-June quarter because of sales of LCD material, Nikkei English News reported. The stock advanced 1.4 percent to 451 yen.

Monex Group Inc. (8698 JT): The investing service provider said first-quarter net income fell to 1.21 billion yen, compared with 1.41 billion yen a year earlier. The shares increased 0.8 percent to 36,800 yen.

Mori Seiki Co. (6141 JO): The machine tool maker’s net loss narrowed by 37 percent from the previous year to 5.51 billion yen for the quarter. The stock slumped 1.7 percent to 908 yen.

Nissan Motor Co. (7201 JT): Chief Executive Officer Carlos Ghosn said the automaker will produce 20 percent fewer cars in Japan in October and November, compared with September production plans, Kyodo News reported. The decrease stems from a stronger yen and the expiration of a government incentive program for car purchases, Kyodo said, citing Ghosn. The stock gained 0.8 percent to 634 yen.

Obic Co. (4684 JT): The computer-system provider’s net income for the first quarter rose to 3.05 billion yen, compared with 2.88 billion yen a year earlier. The stock advanced 0.1 percent to 16,830 yen.

PanaHome Corp. (1924 JT): The homebuilder’s first quarter net loss narrowed 3.5 percent to 2.6 billion yen while sales rose 8 percent to 50.3 billion yen. The stock fell 0.2 percent to 509 yen.

Sekisui Chemical Co. (4204 JT): The maker of vinyl and resin products raised its net income forecast by 50 percent to 6 billion yen for the half-year ending Sept. 30 on increased sales. The shares slumped 0.9 percent to 574 yen.

Toyo Engineering Corp. (6330 JT): The engineering company plans to enter into the water utility business in Ho Chi Minh City by teaming up with the city of Osaka and building and operating a facility as early as fiscal 2011, Nikkei English News reported. The stock rallied 2.2 percent to 278 yen.

Yahoo Japan Corp. (4689 JT): The operator of Japan’s most- visited Internet portal agreed to use Google Inc.’s (GOOG US) Internet-search technology to widen its lead in the world’s second-largest economy. The company also reported a 13 percent increase in net income to 21.7 billion yen for the quarter ended June 30. The shares increased 1.2 percent to 35,150 yen.

Yamazaki Baking Co. (2212 JT): The bread maker’s operating profit for January-to-June may have increased 30 percent to about 16.4 billion yen, exceeding its projection by about 500 million yen, Nikkei English News reported. The stock rose 0.1 percent to 1,150 yen.

To contact the reporters on this story: Anna Kitanaka in Tokyo at akitanaka@bloomberg.net; Norie Kuboyama in Tokyo at nkuboyama@bloomberg.net.

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