All Nippon Air, Ebara, Kanaden, Takeda, Tokyo Steel: Japan 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.

All Nippon Airways Co. (9202 JT): Asia’s second-largest carrier by sales had 7,500 reservations on China flights canceled, Megumi Tezuka, a spokeswoman, said by telephone. The stock lost 0.7 percent to 301 yen.

Amada Co. (6113 JT): Consolidated operating results at the maker of metal cutting machines for the six months ended in September may break even, better than its forecast for a 1.3 billion yen ($15.9 million) loss, Nikkei English News reported. The stock increased 2.2 percent to 558 yen.

Ebara Corp. (6361 JT): Taiwan Semiconductor Manufacturing Co. (2330 TT), the world’s largest custom manufacturer of chips, said it bought NT$786 million of facilities and engineering equipment from the Japanese pump maker from Oct. 15 to Oct. 19. Ebara rallied 3.2 percent to 360 yen.

Funai Consulting Co. (9757 JO): The financial consulting service company said it will retire 4.23 percent of its outstanding shares on Nov. 12. The stock declined 1 percent to 505 yen.

Hiroshima Gas Co. (9535 JT): The gas supplier boosted its full-year net income outlook by 42 percent to 1.7 billion yen ($21 million), citing benefits from the stronger yen. The stock rose 0.5 percent to 217 yen.

Ichiyoshi Securities Co. (8624 JT): The brokerage’s first- half net loss was 1.2 billion yen, reversing a year-earlier- profit, according to a preliminary earnings statement. The stock lost 0.9 percent to 549 yen.

JFE Holdings Inc. (5411 JT): The mining company’s JFE Steel unit acquired interests in two Australian coal-mining projects for as much as 15 billion yen, Nikkei English News reported. The stock rose 1.1 percent to 2,686 yen.

Kanaden Corp. (8081 JT): The trader of electronics components raised its full-year net income projection by 27 percent to 1.4 billion yen, citing demand in emerging markets. The stock advanced 0.5 percent to 443 yen.

Kyoei Steel Ltd. (5440 JT): First-half net income at the maker of specialty steel products totaled 20 million yen, 93 percent less than its profit forecast, according to a preliminary earnings statement. The stock slid 0.5 percent to 1,022 yen.

Mitsui Chemicals Inc. (4183 JT): The chemical products maker may post half-year group operating profit of 20 billion yen, beating a forecast of 13.5 billion yen, Nikkei English News said. The stock increased 1.2 percent to 253 yen.

Orix Corp. (8591 JT): The financial services company plans to buy U.S. hedge-fund operator Mariner Investment Group LLC for about 15 billion yen, Nikkei English News reported. The stock lost 0.6 percent to 7,090 yen.

Rakuten Inc. (4755 JQ): The internet retailer asked Japan’s competition regulator to review plans by Yahoo Japan Corp. (4689 JT) and Google Inc. (GOOG US) to work together on Internet searches and advertising, Nikkei English News said, citing a filing to the regulator. Rakuten fell 1.9 percent to 61,200 yen. Yahoo dropped 2.2 percent to 29,490 yen.

Sumitomo Mitsui Financial Group Inc. (8316 JT): The lender plans to list on the New York Stock Exchange on Nov. 1, Nikkei English News said. It doesn’t plan to issue any new shares, the report said.

The company also plans to seek approval in the U.S. as a financial holding company to allow it to strengthen its investment banking operations and acquire banks in the country, the report said. The stock rose 1.7 percent to 2,400 yen.

Takamatsu Construction Group Co. (1762 JT): The contractor said in a preliminary earnings statement first-half net income amounted to 1.55 billion yen, beating its profit outlook by 29 percent. The stock fell 1.1 percent to 978 yen.

Takashimaya Co. (8233 JT): The department-store operator intends to open a Vietnam shopping center by 2012, Nikkei English News reported, citing comments by company President Koji Suzuki. The shares slipped 1.6 percent to 682 yen.

Takeda Pharmaceutical Co. (4502 JT): Asia’s largest drugmaker will buy the 25 percent of Tianjin Takeda Pharmaceuticals Co. owned by venture partner Tianjin Lisheng Pharmaceutical Co. Tianjin Takeda will become a wholly owned subsidiary, the parent said in a release on its website. Takeda increased 0.3 percent to 3,895 yen.

TDK Corp. (6762 JT): The maker of electronic components may post half-year group operating profit of 36 billion yen and will probably keep its full-year earnings forecast unchanged, Nikkei English News said. The stock climbed 0.4 percent to 4,750 yen.

TOC Co. (8841 JT): The real-estate company cut its full- year net income forecast by 33 percent to 2.1 billion yen with less-than-expected sales. The stock declined 1.2 percent to 341 yen.

Tokyo Steel Manufacturing Co. (5423 JT): Japan’s largest electric-furnace mill slashed its full-year net income forecast by 80 percent to 1 billion yen, citing slower-than-expected recovery in sales. The stock gained 0.1 percent to 915 yen.

Toshiba Corp. (6502 JT): The electronics maker may post a consolidated operating profit slightly above 100 billion yen for the six months ended in September, above its 70 billion yen forecast, Nikkei English News reported. The stock climbed 0.5 percent to 409 yen.

Yukiguni Maitake Co. (1378 JT): The mushroom producer’s first-half net loss was 403 million yen, narrower than its loss forecast of 427 million, according to a preliminary earnings statement. The stock rose 0.6 percent to 518 yen.

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

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

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