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.
Asahi Kasei Corp. (3407) (3407 JT): The chemical maker halted production at plants in Ibaraki and Migagi prefectures because of damage and blackouts after the March 11 earthquake. The stock declined 8.8 percent to 511 yen.
Daiwa Securities Group Inc. (8601) (8601 JT): Japan’s second- largest brokerage reopened 20 of its retail branches as an anticipated power outage didn’t occur, said spokesman Hiroharu Misawa. The stock retreated 7 percent to 372 yen.
Honda Motor Co. (7267 JT), Suzuki Motor Co. (7269 JT): Honda halted operations at five of its plants in Japan after the nation’s worst earthquake on record. Suzuki also said it will halt production at all Japan plants until March 16 to ensure the safety of suppliers’ employees. Honda declined 6.5 percent to 3,095 yen. Suzuki slid 3.9 percent to 1,824 yen.
Iida Home Max (8880) (8880 JT): A maker of family houses and condominiums said nine-month net income gained 45 percent to 5.93 billion yen ($72 million) on higher sales. The stock dropped 10 percent to 750 yen.
Kikkoman Corp. (2801) (2801 JT): Japan’s biggest soy sauce maker said it has halted operations at a plant of its subsidiary, Nippon Del Monte, following the earthquake. The stock slipped 2.8 percent to 857 yen.
Mazda Motor Corp. (7261) (7261 JT): The automaker will extend a production halt at four Japanese plants until at least the night of March 16 due to a parts shortage following the earthquake. The stock retreated 10 percent to 181 yen.
Mitsubishi Chemical Holdings Corp. (4188) (4188 JT): Japan’s biggest chemicals maker said it halted production at three Tokyo area plants following the earthquake. The stock sank 10 percent to 501 yen.
Mitsubishi Motors Corp. (7211) (7211 JT): The automaker will resume production at its three factories in Japan on March 16 following a two-day halt that started on March 14, the company said in a faxed statement. The stock slid 12 percent to 97 yen.
Nippon Steel Corp. (5401) (5401 JT) and JFE Holdings Inc. (5411) (5411 JT): Japan’s largest steelmakers restarted blast furnaces at their factories near Tokyo after a halt triggered by the earthquake. Nippon Steel fell 5.4 percent to 265 yen. JFE slid 5.9 percent to 2,347 yen.
Nissan Motor Co. (7201 JT): Japan’s second-largest automaker will halt operations at factories in Tochigi and Iwaki until March 18 after the earthquake. The stock plummeted 9.5 percent to 722 yen.
Nomura Co. (9716 JT): The commercial-display contractor said in a preliminary earnings statement full-year net income totaled 400 million yen, double the company’s forecast. The stock lost 14 percent to 281 yen.
Olympus Corp. (7733) (7733 JT): The optical-equipment maker said it has suspended operations at three plants belonging to subsidiaries in Fukushima and Aomori prefectures following the earthquake. The stock slipped 3.8 percent to 2,312 yen.
Panasonic Corp. (6752) (6752 JT): The electronics maker said it is suspending operations in the factory affected by the earthquake in the Tohoku region and continuing to evaluate the damage. The stock declined 8.1 percent to 976 yen.
Showa Denko K.K. (4004 JT): The chemical maker halted operations in Fukushima, Gunma, Saitama, Kanagawa and Chiba prefectures after the earthquake. The company’s production facilities suffered no major damage, according to a faxed statement. The stock retreated 10 percent to 154 yen.
Sony Corp. (6758) (6758 JT): The electronics maker will resume operations at two factories on March 15 in Saitama and Tochigi prefectures, spokesman Shinji Obana said. The stock sank 9.1 percent to 2,550 yen.
Tohoku Electric Power Co. (9506 JT): An oil tank exploded at a thermal power plant of Tohoku Electric, Kyodo News reported. The stock plunged 21 percent to 1,486 yen.
Tokyo Electric Power Co. (9501 JT): The cooling system at the Daichi No. 2 reactor in the Fukushima power plant has failed, said a Japan Nuclear Safety Agency official. Tokyo Electric Power, which runs the plant, will pump seawater in to help cool the reactor. Separately, an explosion was heard at the No. 2 reactor at Tokyo Electric’s Fukushima Dai-Ichi nuclear power plant, NHK reported in a flash headline. Also, Moody’s Japan K.K. has placed the Aa2 ratings of Tokyo Electric on review for possible downgrade. Tepco plunged 24 percent to 1,621 yen.
Toshiba Corp. (6501 JT): The electronics and power- equipment company completed a 60 million lev ($42.8 million) expansion of a unit of Bulgaria’s state-run Maritza East 2 power plant to increase its output and operational life, the economy ministry said. The stock tumbled 16 percent to 414 yen.
Ube Industries Ltd. (4208 JT): The chemical products maker raised its full-year operating profit outlook by 21 percent to 43.5 billion yen. The stock sank 11 percent to 221 yen.
To contact the reporter on this story: Norie Kuboyama in Tokyo at firstname.lastname@example.org.
To contact the editor responsible for this story: Nick Gentle at email@example.com.