All Nippon Air, Daiwa, Toshiba, Promise: Japan Equity Preview

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.

All Nippon Airways Co. (9202 JT): Asia’s largest listed carrier may post 75 billion yen ($913 million) in group operating profit for the nine-month period ended Dec. 31, the Nikkei newspaper reported. ANA fell 0.3 percent to 305 yen.

Daiwa Securities Group Inc. (8601 JT): Japan’s second- largest brokerage will name Deputy President Takashi Hibino as chief executive officer, two people familiar with the matter said. Daiwa fell 2.1 percent to 411 yen.

Elpida Memory Inc. (6665 JT): Taiwan’s Economic Affairs Ministry supports an alliance between local chipmakers and Japan’s Elpida, the Yomiuri newspaper said, citing an official it didn’t name at the ministry’s Industrial Development Bureau.

Separately, the company will post a third-quarter operating loss of about 20 billion yen because of falling prices for dynamic random access memory chips used in personal computers, the Nikkei newspaper said. Elpida rose 2.9 percent to 1,225 yen.

Fujifilm Holdings Corp. (4901 JT): The imaging services company said it swung to a nine-month net income of 58.4 billion yen, from a loss of 6.99 billion yen a year earlier. The company also cut its full-year profit forecast by 10 percent to 54 billion yen. The stock slid 0.8 percent to 3,060 yen.

Fujitsu Ltd. (6702 JT): Japan’s biggest provider of computer services slashed its profit forecast by 21 percent, saying corporate customers are holding back on spending. The stock declined 2.5 to 545 yen.

Honda Motor Co. (7267 JT): Japan’s third-largest automaker plans to build as many as 100 small business jets a year at its factory in North Carolina, Sankei newspaper reported, citing Michimasa Fujino, chief executive officer of the company’s aircraft unit. Honda fell 0.4 percent to 3,525 yen.

Isuzu Motors Ltd. (7202 JT), Hino Motors Ltd. (7205 JT): Isuzu’s third-quarter operating profit probably rose more than 50 percent to 22 billion yen and Hino Motors’s more than doubled to 6 billion yen, the Nikkei newspaper said. Isuzu declined 0.8 percent to 388 yen. Hino Motors slid 1.1 percent to 460 yen.

Japan Tobacco Inc. (2914 JT): The maker of Mild Seven and Winston cigarette brands said third-quarter domestic tobacco sales fell 29 percent from a year earlier to 413.3 billion yen. Sales volume plunged 48 percent to 20.3 billion cigarettes in the three months ended December. The stock slipped 0.5 percent to 314,000 yen.

Kao Corp. (4452 JT): Japan’s biggest maker of household products said net income for the nine-months through December rose 15 percent to 51.2 billion yen. The company also said it would buy back 1.4 percent of outstanding shares. The stock fell 0.4 percent to 2,185 yen.

Konica Minolta Holdings Inc. (4902 JT): The maker of film used in liquid-crystal displays said net income rose 20 percent to 10.8 billion yen. The stock lost 0.9 percent to 859 yen.

Lawson Inc. (2651 JT): Japan’s second-largest convenience- store operator will buy a stake in Venture Republic Inc. (2177 JQ) for 580.3 million yen to expand its online business. Lawson climbed 0.1 percent to 4,070 yen. Venture Republic was unchanged at 918 yen.

Marubeni Corp. (8002 JT): The trading company received an order from Bangladesh for a 410,000 kilowatt thermal power plant expected to cost 31 billion yen, the Nikkei newspaper reported. Mitsubishi Heavy Industries Ltd. (7011 JT) will supply gas turbines and Fuji Electric Holdings Co. (6504 JT) will supply steam turbines for the plant, to be completed by July 2013, the report said. Marubeni lost 1.6 percent to 627 yen. Mitsubishi Heavy slipped 0.6 percent to 335 yen. Fuji Electric gained 3.6 percent to 260 yen.

NEC Corp. (6701 JT): Lenovo Group Ltd., which formed a joint venture with NEC on Jan. 27, will be able to buy out its Japanese partner after five years, the Asahi newspaper said. NEC fell 4.5 percent to 235 yen.

Nomura Real Estate Holdings Inc. (3231 JT): The developer said it turned to a nine-month net loss of 7.4 billion yen, from 9.3 billion yen profit a year earlier. The shares slid 2.7 percent to 1,524 yen.

NTT DoCoMo Inc. (9437 JT): Japan’s largest mobile phone operator said net income for the nine months ended Dec. 31 rose 5.9 percent from a year earlier to 444 billion yen. The stock fell 0.5 percent to 146,500 yen.

Promise Co. (8574 JT): The consumer lender said net income fell 34 percent to 10.4 billion yen in the nine months ended Dec. 31 from 15.8 billion yen a year earlier, as government lending rules stifled loan demand and it refunded interest overcharges. The shares advanced 4.9 percent to 714 yen.

Seiko Epson Corp. (6724 JT): The maker of electronic devices swung to a profit of 17 billion yen for the nine months through December, compared with a 4.74 billion yen loss a year earlier. The shares fell 1.6 percent to 1,446 yen.

Sumitomo Mitsui Financial Group Inc. (8316 JT): Japan’s second-biggest bank by market value posted a 21 percent decline in third-quarter profit as income from bond trading slumped.

Also, the lender will pay 0.06 of a share in itself for each share of Cedyna Financial Corp. (8258 JT) to make the credit card company a wholly owned unit. Cedyna cut its net income outlook to 1.6 billion yen for the year through March from 18.2 billion yen. Sumitomo Mitsui fell 1.6 percent to 2,870 yen. Cedyna surged 16 percent to 180 yen.

Tokyo Dome Corp. (9681 JT): The Japanese baseball-stadium operator said it will suspend operations of its Tokyo Dome City Attractions amusement park after a 34-year-old man fell out of a roller coaster and died. The company said in a press release that it’s investigating the cause of the accident. The stock declined 2.4 percent to 204 yen.

Toyota Motor Corp. (7203 JT): The automaker aims to sell more than 910,000 vehicles in China this year, Caijing magazine reported on its website, citing a company statement. The stock retreated 1.5 percent to 3,390 yen.

Toshiba Corp. (6502 JT): Japan’s biggest chipmaker probably boosted operating profit to a record 140 billion yen in the nine months ended Dec. 31 from 12.9 billion yen a year earlier, the Nikkei newspaper said. The company gained from rising demand for flash memory and liquid-crystal display panels from Apple Inc., maker of the iPhone and iPad, the report said.

Softbank Corp. (9984 JT), which provides the iPhone in Japan, may say operating profit rose 30 percent to about 470 billion yen in the nine-month period, the report said.

Toshiba was unchanged at 501 yen. Softbank rose 0.2 percent to 2,863 yen.

Yamaha Motor Co. (7272 JT): The world’s second-largest motorcycle maker will shut its factory in Barcelona, Spain, the Nikkei newspaper reported, saying no timetable has been set for the closure. Yamaha fell 0.06 percent to 1,547 yen.

Yamato Holdings Co. (9064 JT): The parcel-delivery company said net income gained 4.3 percent from a year earlier to 35.8 billion yen for the nine months ended Dec. 31. The stock slid 1.2 percent to 1,212 yen.

To contact the reporters on this story: Anna Kitanaka in Tokyo at akitanaka@bloomberg.net; Kana Nishizawa in Tokyo at knishizawa5@bloomberg.net.

To contact the editor responsible for this story: Nicolas Johnson at nicojohnson@bloomberg.net.

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