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.
Daihatsu Motor Co. (7262 JT): Japan’s biggest minicar maker will extend a production halt in Japan until March 24, spokesman Shojiro Sakamoto said by phone. The stock increased 4.9 percent to 1,232 yen.
Dainippon Screen Manufacturing Co. (7735 JT): Taiwan Semiconductor Manufacturing Co. (2330 TT), the world’s largest contract chipmaker, purchased NT$949 million of equipment from Dainippon Screen, TSMC said in a statement. Dainippon Screen rose 3.1 percent to 773 yen.
Honda Motor Co. (7267 JT): Japan’s second-largest carmaker by market value will suspend production at three plants in Saitama, Mie and Kumamoto prefectures until at least March 27. The stock rose 2.1 percent to 3,145 yen.
JFE Holdings Inc. (5411) (5411 JT): The steelmaker will cut its supply of steel slabs to Dongkuk Steel Mill Co. by 300,000 tons this year because of production disruption from the March 11 earthquake, the Seoul Economic Daily reported, citing industry officials it didn’t name. The stock surged 11 percent to 2,489 yen.
Kubota Corp. (6326) (6326 JT): The farm-equipment maker said it suspended operations at five plants damaged in Japan’s March 11 earthquake. The stock gained 5.1 percent to 820 yen.
Mitsubishi Gas Chemical Co. (4182 JT): The chemical products maker plans to recommence manufacturing bismaleimide triazine resin at 25 percent of pre-earthquake levels at its Fukushima plant in early April, Takehiro Nishimura, a spokesman for the company said. The stock gained 4.7 percent to 580 yen.
Nippon Hotel Fund Investment Corp. (8985) (8985 JT): The real- estate investment trust said it plans to raise 3.6 billion yen ($44 million) by selling 15,831 shares to two investors. The proceeds will be used to acquire property. The stock jumped 7.3 percent to 244,100 yen.
Nippon Yakin Kogyo Co. (5480 JT): The stainless-steel producer’s widened its forecast full-year net loss to 10 billion yen from 1.1 billion yen a year earlier. The stock rose 5.5 percent to 191 yen.
Nishimatsuya Chain Co. (7545 JT): The apparel retailer said same-store sales in March fell 5.6 percent from the same month a year earlier, dragged down by lower customer traffic. The stock jumped 6 percent to 652 yen.
Okasan Securities Group Inc. (8609) (8609 JT): The brokerage firm said it plans to pay a full-year dividend of 5 yen per share. It paid a dividend of 7.5 yen a year earlier. The stock advanced 5.5 percent to 328 yen.
Promise Co. (8574 JT): The consumer lender’s long-term foreign and local currency issuer default ratings were cut to BBB- from BBB by Fitch Ratings. The outlook is negative, Fitch said. The stock soared 7.6 percent to 638 yen.
Taiheiyo Cement Corp. (5233) (5233 JT): Japan’s biggest cement maker, which had no dividend payout a year earlier, decided to pay a dividend of 2.5 yen per share for the fiscal year ending in March. The stock jumped 8.8 percent to 148 yen.
Terumo Corp. (4543) (4543 JT): The maker of medical devices cut its full-year net income forecast 12 percent to 32.1 billion yen, citing costs from a series of quakes in northeast of Japan and payments from a settlement with the U.S. Food and Drug Administration. The stock rose 3.5 percent to 4,280 yen.
Tokyo Electric Power Co. (9501 JT): Workers at Asia’s largest utility known as Tepco began restoring power to a crippled nuclear plant in northern Japan as government tests showed radiation has leaked into the sea and tainted some food. Separately, the Asahi newspaper reported the company may receive loans totaling 100 billion yen this month from Mitsubishi UFJ Financial Group Inc. (8306) (8306 JT), Sumitomo Mitsui Financial Group Inc. (8316) (8316 JT), and Mizuho Financial Group Inc. (8411) (8411 JT). Tepco surged 16 percent to 1,098 yen.
Toyota Motor Corp. (7203) (7203 JT): The world’s biggest carmaker said it will halt operations at all its domestic car-assembly plants through March 26. The stock leapt 4 percent to 3,345 yen.
Uny Co. (8270 JT): The department-store chain said in a preliminary earnings statement full-year net income amounted to 5.8 billion yen, 23 percent more than its 4.7 billion yen profit forecast. The stock soared 8.2 percent to 659 yen.
Yokogawa Electric Corp. (6841) (6841 JT): The maker of electronic measuring tools will take a 3.9 billion yen charge this fiscal year after 261 workers applied for early retirement, Yokogawa Electric said in a statement. The stock rose 2.9 percent to 631 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.