Japan Stocks: Acom, Hino Motors, Kawasaki Kisen, NEC, NTT Data
Japan’s Nikkei 225 Stock Average fell 82.41, or 0.8 percent, to 10,354.90 as of 10:18 a.m. in Tokyo. The following are among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.
Acom Co. (8572 JT), Japan’s largest consumer lender, jumped 5.8 percent to 1,546 yen after the Nikkei newspaper reported its parent company Mitsubishi UFJ Financial Group Inc. (8306 JT) may inject capital into Acom, citing MUFG President Katsunori Nagayasu. Mitsubishi UFJ fell 0.4 percent to 453 yen.
Hino Motors Ltd. (7205 JT), an automaker, rose 1.9 percent to 474 yen. The company will build a new truck plant in Japan’s Ibaraki prefecture, President Yoshio Shirai said in Tokyo.
Hudson Soft Co. (4822 JQ), a video game software developer, plunged 17 percent to 320 yen. Konami Corp. (9766 JT), a video- game developer, offered to buy out Hudson Soft. The Nikkei newspaper reported the planned transaction earlier. Konami fell 0.8 percent to 1,713 yen.
Kawasaki Kisen Kaisha Ltd. (9107 JT), Japan’s third-biggest shipping line, slid 2.1 percent to 367 yen. The company was cut to “neutral” from “buy” by Makoto Murayama, an analyst at Nomura Holdings Inc.
NEC Corp. (6701 JT), Japan’s largest maker of personal computers, gained 2.9 percent to 246 yen. Lenovo Group Ltd. (992 HK) may acquire an NEC unit that makes and sells personal computers, the Nikkei newspaper reported.
NTT Data Corp. (9613 JT), a network-services company, rallied 3.1 percent to 280,000 yen. Operating profit at NTT Data for the nine months through December fell about 10 percent to 48 billion yen, the Nikkei newspaper reported.
Ya-Man Ltd. (6630 JQ), a maker of fitness and beauty products, jumped 4.3 percent to 1,688 yen. The company said the Tokyo Stock Exchange approved its listing on the bourse’s second section as of Jan. 27.
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