Astellas, Casio, Daiwa, DeNA, Idemitsu: 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 by sales said it will form a low-cost carrier venture with Hong Kong-based First Eastern Investment Group in the coming days. ANA fell 0.3 percent to 300 yen.

Astellas Pharma Inc. (4503 JT): Japan’s second-largest drugmaker said net income for the nine months ended Dec. 31 fell 32 percent to 79.2 billion yen ($967 million) from a year earlier. The stock gained 0.2 percent to 3,140 yen.

Casio Computer Co. (6952 JT): The electronics maker said net income for the nine months ended Dec. 31 was 4.65 billion yen, returning from a net loss a year earlier. The stock increased 0.7 percent to 618 yen.

Daiwa Securities Group Inc. (8601 JT): Japan’s second- largest brokerage said third-quarter net income fell to 1.2 billion yen from 26.4 billion yen a year earlier. The stock increased 0.5 percent to 407 yen.

DeNA Co. (2432 JT): The operator of game and shopping websites said net income for the nine months ended Dec. 31 rose to 22.3 billion yen from 6.49 billion yen a year earlier. The stock jumped 4.8 percent to 3,100 yen.

Don Quijote Co. (7532 JT): The discount retailer raised its net income forecast for the half-year ended Dec. 31 by 23 percent to 7.5 billion yen. The stock advanced 1.5 percent to 2,683 yen.

FP Corp. (7947 JO): The food container maker said it will buy back as much as 3.16 percent of its outstanding stock for 4,327 yen a share. The stock declined 0.4 percent to 4,865 yen.

Ibiden Co. (4062 JT): The maker of ceramics and building materials said net income for the nine months ended Dec. 31 increased 39 percent to 12.4 billion yen from a year earlier. The stock rose 0.3 percent to 2,782 yen.

Idemitsu Kosan Co. (5019 JT): Japan’s third-biggest oil refiner by capacity raised its full-year net income outlook by 54 percent to 40 billion yen. The stock gained 3.2 percent to 8,910 yen.

Kobe Steel Ltd. (5406 JT): The steelmaker will build a next-generation furnace in India that can turn low-grade materials into high-strength steel, the Yomiuri newspaper reported, without saying where it obtained the information. The stock advanced 1.5 percent to 204 yen.

Mitsubishi Materials Corp. (5711 JT): The non-ferrous metal maker had about 45 billion yen in pretax profit for the April-December period, compared with a 20.3 billion yen loss a year ago, the Nikkei newspaper reported without citing anyone. The stock lost 0.4 percent to 251 yen.

NTT Data Corp. (9613 JT): The network-services company said net income for the nine months ended Dec. 31 rose 4.8 percent to 22.9 billion yen from a year earlier. The stock gained 1.5 percent to 270,700 yen.

Sony Corp. (6758 JT): Apple Inc. (AAPL US) rejected a proposed digital-book application by Sony amid concerns that the software’s payment-handling system would erode Apple’s sales. Sony slid 0.5 percent to 2,815 yen.

To contact the reporters on this story: Kana Nishizawa in Tokyo at knishizawa5@bloomberg.net; Akiko Ikeda in Tokyo at iakiko@bloomberg.net.

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

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