Inpex, Mixi, Sega Sammy, Skymark, Toyota: Japan Equity Preview
Stock Chart for Mixi Inc (2121)
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.
Inpex Corp. (1605 JT): The oil explorer is seeking tenders for the construction of a liquefied natural gas plant for its Ichthys project in northern Australia, the company said. The stock climbed 0.6 percent to 433,000 yen.
Ito En Ltd. (2593 JT): The beverage maker’s half-year net income grew 26 percent to 5.93 billion yen ($71 million), as sales increased by 8.4 percent, the company said. The shares increased 1.2 percent to 1,365 yen.
KDDI Corp. (9433 JT): The mobile communications services provider will seek takeovers in Asia in a bid to expand in the region, the Nikkei newspaper reported before markets closed, citing president Tanaka Takashi. The stock gained 1.6 percent to 486,000 yen.
Mixi Inc. (2121 JT): Zynga Game Network Inc., the biggest maker of games on Facebook, will offer its “FarmVille” title for Mixi’s social networking service in Japan, Mixi President Kenji Kasahara said. Mixi shares fell 1.8 percent to 417,000 yen.
Nissan Motor Co. (7201 JT): The automaker plans to make its Kyushu factory in Fukuoka Prefecture its main Japanese production hub as it reorganizes its domestic manufacturing, Nikkei English News reported. Also, Nissan’s November U.S. vehicle sales rose 27 percent on an unadjusted basis, according to an e-mailed statement. The average estimate of analysts surveyed by Bloomberg was for an increase of 16 percent. The stock rose 1.9 percent to 800 yen.
Rakuten Inc. (4755 JQ): Rakuten Securities Inc. and Citibank Japan Ltd. will jointly offer foreign-currency money transfers tomorrow to improve options for customers who make investments in currencies other than the yen, Nikkei English News reported. Rakuten gained 3.9 percent to 66,600 yen.
Sega Sammy Holdings Inc. (6460 JT): The maker of video-game and pachinko machines plans to buy back as much as 5.26 percent of outstanding shares for up to 25 billion yen. The company will also retire 17 million shares, or 6 percent of outstanding stock, on Dec. 10, the company said. The shares increased 2.7 percent to 1,448 yen.
Skymark Airlines Inc. (9204 JT): Japan’s largest budget carrier plans to hire 120 former Japan Airlines Corp. pilots, 50 JAL mechanics and as many as 300 cabin crew, the company said. The stock jumped 5 percent to 1,003 yen.
Softbank in July said it would invest 13.7 billion yen in Zynga Game Network Inc. of the U.S., and take a 50 percent share of the Japanese unit. Softbank climbed 1.5 percent to 2,943 yen.
Tokyo Electron Ltd. (8035 JT): The maker of semiconductor equipment may see capital expenditures more than triple to 45 billion yen, almost 10 billion yen more than initially planned, in the current year ending in March, Nikkei English News reported. The stock rose 0.4 percent to 5,270 yen.
Toyota Motor Corp. (7203 JT): The automaker will have an annual production capacity of 70,000 units for its new Etios car, Hiroshi Nakagawa, managing director of the automaker’s local unit, said in Bangalore. Toyota priced the Etios sedan starting at 496,000 rupees ($10,900) in India. Toyota shares gained 2.8 percent to 3,310 yen.
To contact the editor responsible for this story: Nick Gentle at firstname.lastname@example.org.
Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.