Casio, Fancl, Fast Retailing, Inpex, Minebea, Tokyo Electron: Japan Stocks

Japan’s Nikkei 225 Stock Average rose 176.22, or 1.9 percent, to 9,336.20 as of 9:30 a.m. in Tokyo. The following are among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.

ABC-Mart Inc. (2670 JT), a shoe retailer, gained 3.8 percent to 2,910 yen. The company said same-store sales in October jumped 14.9 percent from a year earlier, aided by higher customer traffic.

Aoyama Trading Co. (8219 JT), an apparel retailer, declined 3.2 percent to 1,231 yen. The company reduced its annual net income forecast 37 percent to 4.6 billion yen ($57 million) as it plans to take a currency-derivative charge.

Casio Computer Co. (6952 JT), an electronics maker, rose 2.2 percent to 570 yen. The company had first-half net income of 2.56 billion yen following a net loss a year earlier.

Daikyo Inc. (8840 JT), a property developer, rallied 7.7 percent to 126 yen. The company said in a preliminary earnings statement first-half net income amounted to 3.3 billion yen, beating its forecast of 300 million yen, with higher-than- expected sales and lower administration costs.

Fancl Corp. (4921 JT), a maker of cosmetics and nutritional supplements, tumbled 8.5 percent to 1,126 yen, on course for the lowest close since June 2009. The company slashed its full-year net income projection by 43 percent to 2.5 billion yen, citing charges for store closures and reorganizations in its production units.

Fast Retailing Co. (9983 JT), Asia’s biggest clothing chain operator, soared 6.8 percent to 11,550 yen, after its Uniqlo chain posted its smallest domestic sales decline in three months.

Foster Electric Co. (6794 JT), a speaker maker, leapt 4.7 percent to 1,816 yen. The company raised its full-year operating profit 1.1 percent to 9.5 billion yen, with higher-than-expected sales.

Hitachi Ltd. (6501 JT), an industrial group with more than 900 units covering nuclear reactors to financial services, increased 3 percent to 375 yen. The company said it’s preparing for a U.S. initial public offering of its hard-disk-drive unit. Also, Hitachi had first-half net income of 158 billion yen following a net loss a year earlier.

Idemitsu Kosan Co. (5019 JT), an oil refiner, gained 4.6 percent to 7,040 yen. The company boosted its full-year net income projection to 26 billion yen from 10 billion yen expected previously as the stronger yen reduced its oil costs.

Inpex Corp. (1605 JT), Japan’s biggest energy explorer, rose 3.7 percent to 435,000 yen. The company’s rights to develop oil fields in Abu Dhabi, which expire in 2018, will likely be renewed, the Nikkei newspaper reported, citing the chief executive officer of Abu Dhabi’s state-run oil firm.

Kubota Corp. (6326 JT), Asia’s largest tractor maker, advanced 2.4 percent to 736 yen. The company said first-half net income rose 33 percent to 25.7 billion yen, buoyed by cost cuts. Also, Kubota President Yasuo Masumoto said a total of 145 former employees of the Japanese farm equipment maker had died of asbestos-related illnesses as of Sept. 30.

Minebea Co. (6479 JT), a ball-bearing maker, jumped 7.5 percent to 461 yen. The company raised its full-year net income forecast by 8 percent to 13.5 billion yen, with higher-than- expected sales.

Mitsui O.S.K. Lines Ltd. (9104 JT), the operator of the world’s largest merchant fleet, rose 2.4 percent to 518 yen. Mitsui O.S.K. ordered two 200,000-ton-class oil tankers from Mitsubishi Heavy Industries Ltd. (7011 JT) for 20 billion yen, the company’s first such order in more than two years as China increases oil imports, Nikkei English News reported on its website. Mitsubishi Heavy rose 2.5 percent to 286 yen.

NKSJ Holdings Inc. (8630 JT), a casualty insurer, rallied 4.7 percent 556. The company said in a preliminary earnings statement it had first-half profit more than double its forecast.

Orix Corp. (8591 JT), a financial-services company, climbed 2.8 percent to 7,360 yen. The company said first-half net income jumped 69 percent to 34.1 billion yen.

Panasonic Corp. (6752 JT), the world’s largest maker of rechargeable batteries, advanced 3.3 percent to 1,176 yen. The company is creating a car battery partnership with Tesla Motors Inc., Nikkei English News reported.

Softbank Corp. (9984 JT), Japan’s only provider of Apple Inc.’s iPhone, rose 2.7 percent to 2,592 yen. The company will sell 3-D mobile phones built by Sharp Corp. by the end of December, the Asahi newspaper reported.

Suzuki Motor Corp. (7269 JT), Japan’s second-largest minicar maker, jumped 3.7 percent to 2,043 yen. The company raised its full-year forecast for net income by 17 percent to 35 billion yen because of higher sales in Asia.

Tokyo Electron Ltd. (8035 JT), the world’s second-largest maker of semiconductor equipment, increased 3.8 percent to 4,700 yen. The company increased its profit and dividend forecasts after second-quarter net income beat analyst estimates.

Toyota Motor Corp. (7203 JT), the world’s largest automaker, rose 2.5 percent, to 2,914 yen. The automaker’s October U.S. vehicle sales fell 4.4 percent on an unadjusted basis. The average estimate of analysts surveyed by Bloomberg was for a decline of 5.6 percent. The information was disclosed in an e- mailed statement.

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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