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CMI, Combi, JFE, NTT, SMC, Taiheiyo Cement, Tokyo Tatemono: Japan Stocks

Japan’s Nikkei 225 Stock Average rose 136.03, or 1.4 percent, to 9,830.52 at the close in Tokyo. The following were among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.

Banks: Banks advanced after the Financial Times reported that Group of 20 leaders will consider capital rules for lenders with mostly domestic operations separately from global banks. Mizuho Financial Group Inc. (8411 JT) surged 7.6 percent to 127 yen. Mitsubishi UFJ Financial Group Inc. (8306 JT) climbed 4.2 percent to 393 yen. Sumitomo Mitsui Financial Group Inc. (8316 JT) leapt 5.9 percent to 2,512 yen. Sumitomo Trust and Banking Co. (8403 JT) jumped 6.7 percent to 462 yen. Chuo Mitsui Trust Holdings Inc. (8309 JT) advanced 7.3 percent to 307 yen.

Acom Co. (8572 JT), Japan’s largest consumer lender by market value, declined 3.6 percent to 810 yen. The company forecast a net loss of 50.9 billion yen ($624 million) for the year ending March 31, cutting its outlook from a previous projection of net income of 26.2 billion yen.

CMIC Co. (2309 JT), a medical researcher, fell 4.4 percent to 22,670 yen. The company will buy out Institute of Applied Medicine Inc. (2123 JT). Institute of Applied Medicine jumped by its daily limit of 100 yen, or 15 percent, to 786 yen, the most since August 2009.

Combi Corp. (7935 JT), a maker of baby products, surged by its daily limit of 100 yen, or 15 percent, to 779 yen, the biggest gain since July 2009. The company said it will be acquired through a management buyout. The company will be bought for 12.2 billion yen, or 1,000 yen a share.

Hokuetsu Kishu Paper Co. (3865 JT), a papermaker, leapt 6.7 percent to 415 yen, rising the most since March 2009. The company boosted its full-year operating profit forecast 13 percent to 8.5 billion yen. The company also said it plans to spend as much as 2 billion yen to buy back up to 1.9 percent of its shares.

JFE Holdings Inc. (5411 JT), a mining company, advanced 2.2 percent to 2,692 yen. Nippon Steel Corp. (5401 JT), Japan’s largest steelmaker, climbed 2.6 percent to 276 yen. The companies were raised to “neutral” from “underperform” at Credit Suisse Group AG.

Kansai Paint Co. (4613 JT), a paint maker, plunged 5.4 percent to 740 yen, the steepest slide since April 2009. The company maintained its full-year net income forecast at 13.1 billion yen, lower than the median estimate of 13.7 billion yen by six analysts surveyed by Bloomberg.

Kintetsu World Express Inc. (9375 JT) rallied 2.3 percent to 1,971 yen. The distribution company projected full-year net income of 7.6 billion yen, up 8.6 percent from its earlier forecast. The company also said its first-half profit beat its target by 24 percent.

Kirin Holdings Co. (2503 JT) jumped 5.7 percent to 1,145 yen, the most since July 2009. Asahi Breweries Ltd. (2502 JT) gained 0.6 percent to 1,618 yen. Danone SA, the owner of Evian and Volvic, is talking with Japanese companies including Kirin Holdings, Asahi Breweries and Suntory Holdings about the sale of part or all of its bottled-water business, said three people with knowledge of the situation.

Nippon Telegraph & Telephone Corp. (9432 JT), Japan’s largest fixed-line phone operator, climbed 4 percent to 3,900 yen, the largest increase since November 2009. The company aims to more than double its overseas sales by 2013, helped by the acquisition of South Africa’s Dimension Data Plc. The company also said it will retire 7.97 percent of its shares on Nov. 15.

Rohto Pharmaceutical Co. (4527 JO), a drugmaker, tumbled 7.4 percent to 921 yen, the sharpest slide since October 2008. The company cut its full-year net income outlook 7.4 percent to 7.5 billion yen.

SMC Corp. (6273 JT), a maker of directional-control devices, surged 7.7 percent to 13,960 yen, the highest close since November 2007. The company boosted its full-year net income forecast by 34 percent to 47 billion yen as first-half profits exceeded its projection. The company was raised to “buy” from “neutral” at Nomura Holdings Inc.

Taiheiyo Cement Corp. (5233 JT), Japan’s biggest cement maker, retreated 5.2 percent to 91 yen. The company slashed its forecast of current profit for the year ending in March by 67 percent to 2 billion yen, citing a slump in its U.S. operations.

Tokyo Tatemono Co. (8804 JT), a property developer, lost 2.9 percent to 332 yen. The company’s net income for the nine months to Sept. 30 fell 67 percent to 1.69 billion yen from a year earlier as sales slumped.

Yamato Kogyo Co. (5444 JT), an electric steelmill operator, jumped 5.8 percent to 2,247 yen, the biggest gain since October 2009. The company was raised to “overweight” from “neutral” at JPMorgan Chase & Co.

Yokogawa Electric Corp. (6841 JT), a maker of electronic measuring tools, dropped 4.2 percent to 548 yen. The company projected a net loss of 2.5 billion yen for the year ending March 31, compared with its earlier forecast of breaking even.

To contact the reporter on this story: Akiko Ikeda in Tokyo at iakiko@bloomberg.net.

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net.

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