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Aiful, CSK, Dai Nippon Printing, Disco, Iseki, Misumi, Modec: Japan Stocks

Japan’s Nikkei 225 Stock Average fell 136.65, or 1.4 percent, to 9,724.81 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.

CSK Corp. (9737 JT), a computer-services company, dropped 3.4 percent to 287 yen. The company booked a net loss of 7.82 billion yen ($95 million) for the April-September period. Sales during the period fell 19 percent.

Dai Nippon Printing Co. (7912 JT), a provider of printing services, retreated 3.4 percent to 1,029 yen. The stock’s rating was lowered to “neutral” from “overweight” at JPMorgan Chase & Co.

Disco Corp. (6146 JT), a maker of chip-manufacturing equipment, tumbled 14 percent to 4,510 yen, the steepest slide since October 2008. The company cut its full-year profit outlook by 25 percent to 9.5 billion yen. It also trimmed a planned year-end dividend to 32 yen from 40 yen. Disco had its rating cut to “neutral” from “overweight” at JPMorgan Chase & Co.

EAccess Ltd. (9427 JT), an electronic-parts maker, lost 8.3 percent to 57,500 yen. The company’s operating profit for the six months ended Sept. 30 fell 19 percent from a year ago to 8.4 billion yen.

GS Yuasa Corp. (6674 JT), a battery maker, retreated 4.4 percent to 549 yen. The company cut its forecast for fiscal 2012 sales to 330 billion yen from 350 billion yen, citing appreciation of the Japanese currency. GS Yuasa posted 2.61 billion yen first-half net income, compared with a loss of 1.67 billion yen a year earlier.

Iseki & Co. (6310 JT), an agricultural machinery maker, tumbled 6.5 percent to 200 yen. The company slashed its full- year profit outlook to 100 million yen from 1.1 billion yen, citing the stronger yen and losses from securities revaluation.

Misumi Group Inc. (9962 JT), a mail-order distributor of precision machine parts, leapt 6.5 percent to 1,943 yen, the biggest gain since August 2009. Nomura Holdings Inc. raised its rating on the company to “buy” from “neutral.”

Modec Inc. (6269 JT), a maker of natural-gas production equipment, surged 9.1 percent to 1,300 yen, the most since May 2009. The company had its rating increased to “buy” from “neutral” at Nomura Holdings Inc.

Osaka Titanium Technologies Co. (5726 JT), a titanium smelter, advanced 2.9 percent to 3,920 yen. The company was raised to “buy” from “neutral” at Nomura Holdings Inc.

Pacific Metals Co. (5541 JT), a metals processor, sank 3.8 percent to 656 yen. The company had its rating reduced to “underperform” from “outperform” at Macquarie Group Ltd.

Toho Zinc Co. (5707 JT), a smelter of nonferrous metals, climbed 4.6 percent to 385 yen. The company was rated “strong outperform” at Tachibana Securities Co.

Trend Micro Inc. (4704 JT), the world’s third-biggest maker of security software, fell 2.7 percent to 2,428 yen. The company forecast full-year net income will fall 26 percent to 13 billion yen. It reported a 32 percent drop in net income to 9.55 billion yen for the April-September period.

Zensho Co. (7550 JT), a restaurant chain, jumped 6.3 percent to 778 yen. The company had its rating increased to “outperform” from “neutral” at Mitsubishi UFJ Morgan Stanley Securities Co.

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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