Isuzu, McDonald's Japan, Murata, Orix, Sankyo, Toyota: Japan Stock 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.

Alfresa Holdings Corp. (2784 JT): The drug wholesaler said its first-quarter net income more than tripled to 5.05 billion yen ($58 million) on higher sales. The stock sank 3.5 percent to 3,905 yen.

Asics Corp. (7936 JT): The sports-equipment maker said its first-quarter net income tripled to 3.44 billion yen. The stock fell 4 percent to 836 yen.

Daiichi Sankyo Co. (4568 JT): The company said generic-drug maker Apotex Inc. agreed not to sell a lower-cost version of the dry-mouth treatment Evoxac in the U.S. until 2012 under the settlement terms of a patent infringement suit. The stock dropped 2.1 percent to 1,604 yen.

EAccess Ltd. (9427 JT): The broadband provider said first- quarter net income more than quintupled to 2.49 billion yen, while operating profit in the quarter dropped 9.1 percent to 4.49 billion yen on lower sales. The stock gained 1.2 percent to 61,000 yen.

Fukuoka Financial Group Inc. (8354 JT): The banking company reported net income of 7.45 billion yen in the first quarter, down 66 percent from a year earlier. The shares lost 0.8 percent to 356 yen.

Isuzu Motors Ltd. (7202 JT): The maker of light trucks doubled its full-year net-income forecast to 40 billion yen on higher sales in emerging markets. The stock fell 2.4 percent to 249 yen.

Japan Airport Terminal Co. (9706 JT): The operator of buildings at Tokyo’s Haneda Airport said net income for the quarter ended June 30 jumped to 714 million yen from 114 million yen a year earlier as the number of passengers increased. The stock gained 1.3 percent to 1,415 yen.

Kakaku.com Inc. (2371 JT): The price-comparison website company said its first-quarter net income jumped 54 percent to 1.03 billion with higher sales. The stock slid 0.1 percent to 396,000 yen.

Keihan Electric Railway Co. (9045 JO): The rail and bus transportation company said net income for the three months ended June 30 surged 93 percent to 2.55 billion yen. The stock lost 1.3 percent to 373 yen.

Keihin Electric Express Railway Co. (9006 JT): The rail and bus company said first-quarter net income fell 27 percent to 1.28 billion yen. Operating profit in the quarter gained 16 percent to 5.39 billion yen, with growing sales. The stock declined 1.1 percent to 801 yen.

K’s Holdings Corp. (8282 JT): The electronics retailer said it will spend as much as 4 billion yen to buy back up to 3.5 percent of its total shares. First-quarter net income rose to 2.34 billion yen, compared with 1.87 billion yen a year earlier. The stock decreased 2.7 percent to 1,870 yen.

Lion Corp. (4912 JT): The maker of household products said its half-year net income jumped 50 percent to 1.58 billion yen. The stock rose 0.2 percent to 441 yen.

McDonald’s Holdings Company (Japan) Ltd. (2702 JQ): The Japanese unit of the world’s biggest restaurant chain said same- store sales in July rose 9.8 percent. The company reported its first-half net income plunged 59 percent to 2.07 billion yen. Also, McDonald’s Japan intends to boost its network of outlets with drive-up windows by 50 percent to 2,000 over the next five years, Nikkei English News reported. The stock rose 0.2 percent to 1,914 yen.

Mitsubishi UFJ Lease & Finance Co. (8593 JT): The leasing- services company said net income for the three months ended June 30 surged 71 percent to 7.89 billion yen. The stock was unchanged at 3,045 yen.

Mitsui Mining & Smelting Co. (5706 JT): Japan’s biggest producer of refined zinc reported net income of 6.55 billion yen in the quarter ended June 30, compared with a net loss of 2.66 billion yen a year earlier. The stock was unchanged at 240 yen.

Murata Manufacturing Co. (6981 JO): The electronic components maker will spend about 10 billion yen to build a fourth capacitor factory in China and expand Japanese plant capacity, Nikkei English News reported. The stock fell 1.1 percent to 4,205 yen.

Orix Corp. (8591 JT): The financial service company bought corporate lease and installment receivables from SunTelephone Co. for an undisclosed price last month, Nikkei English News said, citing Orix. The stock slid 1.4 percent to 6,840 yen.

Nippon Shokubai Co. (4114 JT): The chemical maker’s first- quarter net income surged to 3.58 billion yen from 1.25 billion yen a year earlier. The stock lost 2.1 percent to 889 yen.

Nissha Printing Co. (7915 JT): The maker of film for screens used in mobile phones slashed its full-year net income forecast by 79 percent on a slump in developed markets including Europe and lower-than-expected demand for computer-related products. The stock added 0.1 percent to 2,346 yen.

NTT Urban Development Corp. (8933 JT): The developer booked 2.76 billion yen in net income for the April-to-June period, down 17 percent from a year earlier, citing rising vacancy rates in office buildings. The stock declined 4.3 percent to 66,200 yen.

Oriental Land Co. (4661 JT): The operator of Tokyo Disney Resort said its first-quarter net income surged to 6.22 billion yen from 460 million yen a year earlier. The stock lost 0.6 percent to 7,220 yen.

Sankyo Co. (6417 JT): The maker of pachinko machines said its first-quarter net income fell to 9.15 billion yen from 13.3 billion yen a year earlier with a 41 percent drop in sales. The stock slipped 0.8 percent to 4,285 yen.

Shimadzu Corp. (7701 JT): The maker of measuring instruments and precision tools turned to a net loss of 337 million yen in the three months ended June 30 compared with 342 million yen profit a year earlier. Sales rose 13 percent. The shares dropped 4.4 percent to 634 yen.

Suruga Bank Ltd. (8358 JT): The regional lender said net income increased 12 percent in the first quarter to 3.5 billion yen. The stock sank 0.9 percent to 782 yen.

Taiyo Yuden Co. (6976 JT): The maker of electronic components raised its full-year net income forecast by 14 percent to 8 billion yen on higher demand for televisions, computers and smartphones. The stock retreated 4.1 percent to 1,055 yen.

Takata Corp. (7312 JT): The auto-parts maker reported net income of 4.02 billion yen for the April-to-June period from a net loss of 367 million yen a year earlier. The stock dropped 2.8 percent to 1,634 yen.

Toyota Motor Corp. (7203 JT): The world’s largest carmaker raised its full-year net income forecast to 340 billion yen as sales in North America recovered and Asian deliveries grew more than expected. Toyota previously projected a 310 billion yen profit in the year. The stock fell 1.6 percent to 3,090 yen.

To contact the reporters for this story: Norie Kuboyama in Tokyo at nkuboyama@bloomberg.net; Monami Yui in Tokyo at myui1@bloomberg.net.

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