The following companies may have unusual price changes in Japanese trading today. Stock symbols are in parentheses, and share prices are from the previous close. The information in each item was released after markets shut, unless stated otherwise.
Canon Electronics Inc. (7739 JT): The maker of camera units and magnetic heads raised its net income forecast for the year ending Dec. 31 by 12 percent to 7.7 billion yen ($92 million). The company said it will pay a year-end dividend of 35 yen, up from the previous year’s 25 yen payout. The stock gained 0.2 percent to 2,242 yen.
DeNA Co. (2432 JT): Nippon Television Network Corp. (9404 JT) and TV Asahi Corp. (9409 JT) will start offering game software through Japan’s biggest developer of social games for mobile phones, the Nikkei newspaper reported. DeNA declined 0.2 percent to 2,969 yen, Nippon Television slid 0.1 percent to 12,580 yen, and TV Asahi dropped 1.1 percent to 143,300 yen.
Fujitsu Ltd. (6702 JT): Japan’s biggest computer-services provider will offer New Mexico-based Kit Carson Electric Cooperative a wireless metering system for smart-grid power distribution, according to the U.S. company’s website. The stock fell 0.7 percent to 565 yen.
House Foods Corp. (2810 JT): The food processor said it will retire 3.7 percent of its outstanding shares on Dec. 28. The stock was unchanged at 1,306 yen.
Mazda Motor Corp. (7261 JT): The automaker will seek to sell 280,000 vehicles in China next year, an increase of 20 percent from this year, according to a Kyodo News story published on the Sankei newspaper website. The stock gained 0.4 percent to 244 yen.
Mitsubishi Motors Corp. (7211 JT): The maker of the i-MiEV electric car may reduce production at an auto factory in the Netherlands, the Asahi Newspaper reported. The stock was unchanged at 122 yen.
Mitsubishi UFJ Financial Group Inc. (8306 JT): Japan’s largest bank by market value will begin private-banking services for wealthy individuals in Hong Kong, the Yomiuri newspaper reported, without saying where it obtained the information. Tokyo-based Mitsubishi UFJ will announce the plan today, the report said. The stock climbed 1.2 percent to 440 yen.
Mitsui & Co. (8031 JT): The trading company said it will dissolve United Harvest LLC, a joint venture with CHS Inc. and United Grain Corp. in March 2011. The stock retreated 2.2 percent to 1,312 yen.
Misumi Group Inc. (9962 JT): The mail-order distributor of precision machine parts said sales in November rose 36 percent from a year earlier to 10.6 billion yen. The stock slid 0.4 percent to 2,053 yen.
Mizuho Financial Group Inc. (8411 JT): Mizuho Corporate Bank Ltd., a unit of Mizuho Financial, increased the capital of its India unit almost fivefold to 30.4 billion rupees ($670 million), the Nikkei newspaper reported. The stock rose 2 percent to 153 yen.
Nihon Parking Corp. (8997 JQ): Tokyo Tatemono Co. (8804 JT), a property developer, will make a tender offer to buy out Nihon Parking, which provides parking services, for as much as 3.25 billion yen, or 60,000 yen a share, according to a statement to the Tokyo Stock Exchange. Nihon Parking slid 0.1 percent to 46,450 yen. Tokyo Tatemono rose 0.3 percent to 375 yen.
NTT DoCoMo Inc. (9437 JT): Japan’s largest mobile phone carrier plans to provide broadcast content for mobile phones in India with Tata Teleservices Ltd. by 2014, the Nikkei newspaper reported. The stock rose 0.6 percent to 141,400 yen.
PGM Holdings K.K. (2466 JT): The golf-course operator cut its full-year profit forecast 13 percent to 15.3 billion yen, citing a slump in revenue due to fewer rounds of golf played and lower fees for golfers. The stock gained 0.2 percent to 58,000 yen.
Seven & I Holdings Co. (3382 JT): The owner of the 7-Eleven convenience-store brand may close more than the 30 Ito-Yokado Co. stores in Japan it initially planned to shut by 2013, the Asahi newspaper reported. The stock rose 0.1 percent to 2,157 yen.
Tokyo Electron Device Ltd. (2760 JT): The distributor of semiconductors said its shares will move to the Tokyo Stock Exchange’s first section on Dec. 24 from the second section. The stock rose 0.1 percent to 139,900 yen.
Toyota Motor Corp. (7203 JT): The world’s largest automaker expects its car sales in Japan to fall more than 10 percent to about 1.3 million vehicles in 2011, the first double-digit decline in 13 years, the Nikkei newspaper reported. The stock fell 0.9 percent to 3,255 yen.
To contact the editor responsible for this story: Nick Gentle at firstname.lastname@example.org.