ABC-Mart, Fast Retailing, Makino, Point, Tokyo Electron: Japanese Stocks

Japan’s Nikkei 225 Stock Average rose 137.70, or 1.5 percent, to 9,518.76 as of the 3 p.m. close in Tokyo. The following were among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.

Bookoff Corp. (3313 JT), a used-book retailer, gained 3.6 percent to 722 yen. The company said September same-store sales at 286 stores in Japan rose 3.1 percent from a year earlier.

Hisamitsu Pharmaceutical Co. (4530 JT), a drugmaker, rallied 4.6 percent to 3,545 yen, the biggest advance since January 2009. The company said first-half net income rose 25 percent to 12 billion yen ($144 million), with higher sales.

Izumiya Co. (8266 JT), a supermarket operator, rose 3 percent to 307 yen. The retailer said first-half net loss narrowed to 90 million yen from 5.3 billion yen a year earlier.

Japan Tobacco Inc. (2914 JT), the world’s third-largest publicly traded cigarette maker, sank 3 percent to 262,500 yen. Cigarette sales, including those at convenience store chain Seven-Eleven Japan Co. plunged after a tax increase went into effect on Oct. 1, Kyodo News reported. Also, Tobacco sales growth in Japan last month may be lower than Credit Suisse Group AG predicted, analyst Yoshiyasu Okihira said in a note to clients. Separately, Russia aims to ban cigarette advertising, prohibit smoking in public places and increase taxes, according to a report published on a government website.

KDDI Corp. (9433 JT), Japan’s second-largest mobile-phone operator, jumped 5.4 percent to 410,000 yen. The company was boosted to “overweight” from “neutral” by Neale Anderson, a Tokyo-based analyst at HSBC Holdings PLC.

Makino Milling Machine Co. (6135 JT), a machine-tool maker, soared 9 percent to 618 yen. The company said it expects full- year net income of 100 million yen after demand increased in the U.S. and Asia. It had earlier forecast a 2.4 billion loss.

Monex Group Inc. (8698 JT), an online brokerage, slipped 2.2 percent to 23,950 yen, the lowest since April 2009. The company will sell new shares to the public for 23,745 yen each to raise 3.16 billion yen, according to a filing with the nation’s finance ministry.

Net One Systems Co. (7518 JT), a communications-network designer, leapt 5 percent to 111,100 yen. The company was raised to “outperform” from “neutral” by Makoto Ueno, an analyst at Daiwa Securities Group Inc.

Point Inc. (2685 JT), an apparel chain, advanced 4.9 percent to 3,230 yen, the biggest increase since Dec. 1. The retailer said it will spend as much as 2 billion yen to buy back up to 2.34 percent of its outstanding shares.

Renesas Electronics Corp. (6723 JT), Japan’s second-largest chipmaker, rose 3.8 percent to 738 yen. The company had its stock-price estimate increased to 800 yen from 750 yen by Takeo Miyamoto, a Tokyo-based analyst at Deutsche Bank AG, who maintained the “hold” rating on Renesas.

Sankyu Inc. (9065 JT), a logistics company, jumped 7.3 percent to 337 yen, the most since June 2009. The company was rated “outperform” in new coverage by Ryota Himeno, an analyst at Mitsubishi UFJ Morgan Stanley Securities Co.

Sotetsu Holdings Inc. (9003 JT), a railway operator, retreated 4.1 percent to 303 yen, extended its declines after the company said on Sept. 30 it plans to raise as much as 23.7 billion yen by selling new shares. Sotetsu fell to the lowest level since Dec. 2002.

Tokyo Electron Ltd. (8035 JT), the world’s second-largest semiconductor-equipment maker, climbed 4 percent to 4,430 yen. The company said orders rose by between 10 percent and 15 percent in the last quarter from the previous three months.

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

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net.

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