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.
Steelmakers: Nippon Steel Corp. (5401 JT), JFE Holdings Inc. (5411 JT), Sumitomo Metal Industries Ltd. (5405 JT) and Kobe Steel Ltd. (5406 JT) will double automotive steel-sheet production capacity outside Japan to 13 million tons by 2013, the Nikkei newspaper said. Nippon Steel slipped 0.7 percent to 285 yen. JFE lost 0.1 percent to 2,668 yen. Sumitomo Metal Industries was unchanged at 195 yen. Kobe Steel declined 0.5 percent to 205 yen.
Canon Marketing Japan Inc. (8060 JT): The distributor for Canon Inc. (7751 JT) products in Japan reported a full-year net income of 3.72 billion yen, compared with a net loss of 4.34 billion yen the previous year. The stock climbed 0.7 percent to 1,223 yen.
Fujifilm Holdings Corp. (4901 JT): The imaging services company may spend 20 billion yen to buy back its own shares during the next business year, the Nikkei newspaper reported. The stock declined 1.1 percent to 3,055 yen.
Gree Inc. (3632 JT): The social-networking website operator said it will collaborate with Tencent Holdings Ltd. of China. The stock increased 2.1 percent to 1,213 yen.
Hitachi Ltd. (6501 JT): The electronics maker and Toshiba Corp. (6502 JT) are expected to win a 200 billion yen order for Japan’s largest nuclear power plant, the Nikkei newspaper reported. Hitachi will win the order for reactors, and Toshiba turbines and generators, the report said. Hitachi slid 0.7 percent to 450 yen. Toshiba was unchanged at 493 yen.
Hitachi Construction Machinery Co. (6305 JT): The world’s biggest maker of giant excavators reported nine-month net income of 6.05 billion yen, compared with an 8.77 billion yen net loss a year earlier. The stock declined 0.7 percent to 1,966 yen.
Kawasaki Kisen Kaisha Ltd. (9107 JT): The shipping line’s full-year pretax profit may reach 53 billion yen, 2 billion yen short of the company’s forecast, the Nikkei newspaper said. The stock lost 2.2 percent to 354 yen.
Koito Industries Ltd. (6747 JT): The plane-seat maker said it will set aside an additional 1.43 billion yen for possible compensation to clients for delays in delivery of airline seats. The stock gained 1.4 percent to 145 yen.
Mitsubishi Corp. (8058 JT): The trading house will build a gas turbine power plant near San Francisco, California, and may invest more than 30 billion yen, the Nikkan Kogyo newspaper reported. The shares fell 1.7 percent to 2,306 yen.
Mitsubishi Heavy Industries Ltd. (7011 JT): The heavy machinery maker may post an operating profit of 90 billion yen for the year through March 31, an increase of 35 percent on the year, the Nikkei newspaper said. The shares slid 0.6 percent to 324 yen.
Morinaga Milk Industry Co. (2264 JT): The maker of dairy products will halt production at two domestic plants in September as part of reorganization plans. The shares slipped 0.3 percent to 341 yen.
SBI Holdings Inc. (8473 JT): The financial-services provider said net income for the nine months through December rose to 1.51 billion yen, compared with 1.49 billion yen a year earlier. The stock fell 4.2 percent to 11,720 yen.
Toray Industries Inc. (3402 JT): The fiber maker will invest 8.5 billion yen to increase liquid-crystal display film production capacity in China, the Nikkei newspaper reported. The shares rose 0.6 percent to 552 yen.
Toyota Motor Corp. (7203 JT): The world’s biggest carmaker by market value said it recalled about 1.7 million vehicles globally for defects in fuel pipes and pumps, pressure sensors and spare tire carriers. The shares declined 1.9 percent to 3,400 yen.
To contact the reporter on this story: Anna Kitanaka in Tokyo at email@example.com.
To contact the editor responsible for this story: Nick Gentle at firstname.lastname@example.org.