Japan Stocks: Advantest, Kadokawa, Kyocera, Ricoh, Sony, TDK

Japan’s Nikkei 225 (NKY) Stock Average rose 157.90, or 1.6 percent, to 9,849.74 at the close in Tokyo. The following were among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.

Advantest Corp. (6857) (6857 JT), the world’s biggest maker of memory-chip testers, jumped 5.6 percent to 1,597 yen. The company returned to net income of 3.16 billion yen ($39 million) in the year ended March 31 as sales soared 87 percent.

All Nippon Airways Co. (9202 JT), Asia’s largest listed carrier by sales, gained 4.4 percent to 237 yen. Net income totaled 23 billion yen in the year ended March, beating its 6 billion yen profit forecast because of a tax change, All Nippon said in a preliminary statement.

Amano Corp. (6436) (6436 JT), a machinery maker, advanced 3.9 percent to 748 yen. Full-year net income totaled 3.06 billion yen, 39 percent more than the company’s outlook, bolstered by cost reductions, Amano said in a preliminary statement.

Fuji Electric Co. (6504 JT), a maker of electronic devices, slumped 4.9 percent to 252 yen. Full-year net income increased to 15.1 billion yen from 6.76 billion yen a year earlier, 42 percent less than its profit projection.

Hino Motors Ltd. (7205) (7205 JT), a maker of buses and trucks, slid 2.3 percent to 381 yen. The company reported a net loss of 10 billion yen for the year ended March after last month’s earthquake and tsunami hurt sales. Hino previously estimated net income of 9 billion yen, according to a preliminary earnings statement.

Kadokawa Group Holdings Inc. (9477) (9477 JT) soared 9.3 percent to 2,112 yen, the biggest advance since November 2008, after the publisher said it expects a 9.1 percent gain in operating profit to 8.5 billion yen this fiscal year.

Kansai Electric Power Co. (9503 JT), Japan’s second-biggest utility, rose 3.6 percent to 1,702 yen. The company said it will spend as much as 19 billion yen to buy back up to 1.2 percent of its outstanding shares. Also, the company said it expects net income to fall 19 percent to 100 billion yen this fiscal year.

Komeri Co. (8218 JT), a home-center chain, jumped 8.1 percent to 2,203 yen, the highest since May 20, 2010. The company said it expects net income to rise 41 percent to 8.05 billion yen this fiscal year. Komeri had its stock price estimate increased to 2,100 yen from 1,900 yen by Mitsubishi UFJ Morgan Stanley Securities Co.

Kyocera Corp. (6971) (6971 JT), a maker of electronic components, climbed 5.3 percent to 8,890 yen, the highest since May 6, 2010. The company said full-year net income tripled to 122.4 billion yen from 40.1 billion yen as sales advanced 18 percent. Also, Kyocera plans to invest 30 billion yen to build a new factory in Vietnam for making mobile-phone parts, Kyodo News reported, citing President Tetsuo Kuba.

Net One Systems Co. (7518 JT), a communications-network designer, surged 9.2 percent to 145,400 yen, the highest since September 2009, after forecasting net income will jump 52 percent to 4.4 billion yen this fiscal year.

Nippon Electric Glass Co. (5214 JT) jumped 8.6 percent to 1,223 yen, the steepest increase since December 2009. The glassmaker said full-year net income rose 25 percent to 68.6 billion yen on a 17 percent advance in sales.

ND Software Co. (3794 JQ) declined 4 percent to 1,018 yen. The software developer plans to sell 780 million yen of convertible bonds to a unit of MUS Principal Investments Co., according to a filing with Japan’s finance ministry.

Ricoh Co. (7752 JT), a maker of office equipment, sank 5.9 percent to 890 yen. The company reported a 30 percent drop in net income to 19.7 billion yen for the year ended March 31, missing its profit outlook by 44 percent.

SBI Holdings Inc. (8473 JT) rallied 6.2 percent to 8,680 yen. The financial-services company reported a 93 percent gain in net income to 4.53 billion yen in the year ended March 31, on growing sales.

Showa Denko K.K. (4004 JT), a chemicals maker, increased 4.6 percent to 161 yen. Showa Denko said first-quarter operating profit gained 33 percent to 9.35 billion yen.

Sony Corp. (6758) (6758 JT), Japan’s biggest electronics exporter, retreated 4.5 percent to 2,260 yen, the lowest since July 2009. Sony plans to raise its stake in a liquid-crystal-display panel venture with Sharp Corp. (6753 JT). Sharp rose 0.3 percent to 741 yen.

Separately, Sony’s network entertainment unit was sued by a PlayStation customer claiming it failed to protect users’ personal information and credit-card data that the company says may have been stolen by a hacker, according to a complaint filed in federal court in San Francisco.

TDK Corp. (6762) (6762 JT), the world’s biggest maker of magnetic heads for disk drives, climbed 3.2 percent to 4,160 yen. The company said full-year net income more than tripled to 45.3 billion yen from 13.5 billion yen a year earlier.

To contact the reporter on this story: Norie Kuboyama in Tokyo at nkuboyama@bloomberg.net.

To contact the editor responsible for this story: John McCluskey at j.mccluskey@bloomberg.net.

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