Awa Bank, Dowa, Marui, Resona, Skymark, Sparx, TonenGeneral: Japan Stocks

Japan’s Nikkei 225 Stock Average rose 102.70, or 1.1 percent, to 9,827.51 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.

Awa Bank Ltd. (8388 JT), a regional bank, tumbled 6.1 percent to 539 yen, the biggest drop since October 2008. The lender cut its full-year net income forecast by 38 percent to 3.7 billion yen ($44.8 million), citing less-than-expected credit costs, Awa Bank said in a release 30 minutes before the market closed on Nov. 12.

Dowa Holdings Co. (5714 JT), a metal-products smelter, lost 2.1 percent to 511 yen. The company was cut to “neutral” from “neutral plus” by Toward the Infinite World Inc.

Kanto Denka Kogyo Co. (4047 JT), a chemical and metal products maker, slid 3 percent to 607 yen. The company lowered its full-year net income outlook by 11 percent to 1.7 billion yen, citing a drop in the value of its investment securities.

Konami Corp. (9766 JT), a video-game developer, leapt 2.8 percent to 1,534 yen. The company had its stock-price estimate raised to 1,700 yen from 1,600 yen by Yuuta Sakurai, an analyst at Nomura Holdings Inc., who maintained a “neural” rating.

Marui Group Co. (8252 JT), a retailer and consumer lender, slumped 2.2 percent to 680 yen. The company expects an operating profit of 13 billion yen this fiscal year. That is less than the median estimate of 14.4 billion yen by eight analysts surveyed by Bloomberg.

Nitto Denko Corp. (6988 JT), an electronic components maker, rallied 4.3 percent to 3,415 yen. Nitto Denko had a 2 percent decline in October sales, less than a 4 percent drop in September, according to a preliminary report on its Web site.

Onkyo Corp. (6628 JQ), an audio system maker, surged 46 percent to 159 yen, the biggest gain and the highest close since its listing of Oct. 1. KDDI Corp. (9433 JT), Japan’s second- largest mobile phone operator, will start sales of a tablet personal computer developed by Onkyo on Nov. 19, the Nikkei newspaper said. KDDI slid 0.2 percent to 470,500 yen.

Resona Holdings Inc. (8308 JT), Japan’s fourth-largest bank, slumped 3.1 percent 463 yen, the lowest since its listing in December 2001. The lender said net income fell 4.5 percent to 81.8 billion yen in the six months ended Sept. 30. Revenue for the period fell 0.2 percent.

Skymark Airlines Inc. (9204 JT), Japan’s biggest low-cost carrier, soared 20 percent to 910 yen, the largest gain since Nov. 4, 2009. The airline said it plans to order nine more Airbus SAS A380 aircraft in addition to those it’s already announced it plans to buy.

Sparx Group Co. (8739 JQ), Asia’s second-biggest hedge-fund manager, slipped 3.1 percent to 6,920 yen. The company said it made a first-half loss of 1.2 billion yen, compared with profit of 119 million yen a year earlier.

Stanley Electric Co. (6923 JT), a headlight maker, advanced 3.4 percent to 1,473 yen. The company’ stock rating was boosted to “positive” from “neutral plus” by Toward the Infinite World Inc.

TonenGeneral Sekiyu K.K. (5012 JT), the unit of Exxon Mobil Corp. (XOM US), jumped 6.4 percent to 799 yen, the biggest advance since November 2008. TonenGeneral raised its 2010 profit forecast by 53 percent to 46 billion yen. The company returned to profit, making 45.8 billion yen for the nine months to Sept. 30, compared with a loss of 7.43 billion yen a year earlier.

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