Ebara, Mitsui Mining, Softbank, Toshiba: Japan Equity Preview

The following companies may have unusual price changes in Japanese trading today. Stock symbols are in parentheses, and share prices are from the previous close. The information in each item was released after markets shut, unless stated otherwise.

All Nippon Airways Co. (9202 JT): The carrier said international traffic over Japan’s Golden Week series of holidays rose 16.5 percent from last year as it added routes in Europe and Asia. The stock increased 0.8 percent to 247 yen.

Chubu Electric Power Co. (9502 JT): Japan’s third-biggest utility agreed to the government’s call to close its Hamaoka nuclear plant until it can be fortified to withstand a tsunami like the one two months ago that crippled another Japanese atomic station. The stock tumbled 10 percent to 1,584 yen.

Cosmo Oil Co. (5007 JT): The refiner posted 28.9 billion yen ($358 million) in net income for the year ended March 31, compared with a loss of 10.7 billion yen a year earlier. The company forecast profit will drop 3.2 percent this year. The stock gained 0.4 percent to 266 yen.

Don Quijote Co. (7532 JT): The discount retailer’s operating profit for the July-March period climbed 22 percent to 20.2 billion yen as sales increased. The stock declined 2.7 percent to 3,035 yen.

Ebara Corp. (6361) (6361 JT): The pump maker said full-year net income jumped to 28.2 billion yen from 5.44 billion yen. The company forecast its profit will plunge 54 percent to 13 billion yen this year. The stock lost 1.9 percent to 465 yen.

Hamamatsu Photonics K.K. (6965 JT): The maker of electron tubes and semiconductors raised its full-year net income forecast 12 percent to 13.2 billion yen, citing stronger sales and lower sales administration costs. The stock dropped 0.5 percent to 3,220 yen.

Hirose Electric Co. (6806 JT): The electronic-equipment maker reported a 12 percent drop in full-year net income to 11.7 billion yen. The company projected the profit will rise 37 percent this fiscal year. The stock slid 0.1 percent to 8,390 yen.

Hitachi Chemical Co. (4217 JT): The chemical maker will spend 1.5 billion yen to boost production capacity of epoxy sealant by 40 percent at plants in China and Malaysia, according to a statement on the company’s website. The stock lost 1.4 percent to 1,649 yen.

Keyence Corp. (6861) (6861 JT): The sensor maker reported a 47 percent jump in full-year net income to 55.3 billion yen. The company postponed its profit forecast for this year, saying demand for plant and equipment is uncertain because of the earthquake in Japan. The stock sank 0.8 percent to 21,030 yen.

Lion Corp. (4912) (4912 JT): The maker of household products cut its net income forecast for the year ending Dec. 31 by 28 percent to 4.7 billion yen, citing a charge related to the March 11 quake. The stock was unchanged at 425 yen.

McDonald’s Holdings Co. (Japan) Ltd. (2702 JQ): The fast- food chain said same-store sales rose 3.6 percent in April from a year earlier as customer traffic increased 3.5 percent. The stock advanced 0.3 percent to 2,090 yen.

Miraca Holdings Inc. (4544) (4544 JT): The maker of clinical reagents and medical drugs projected net income for the year ending March 2012 will rise 10 percent to 12.3 billion yen. The stock fell 1.3 percent to 3,155 yen.

Mitsubishi Electric Corp. (6503) (6503 JT): The electronics goods maker’s full-year net income quadrupled to about 125 billion yen, compared with a year earlier, the Nikkei newspaper reported. That’s higher than the company’s forecast of a 115 billion yen profit, according to the report. The stock dropped 2.7 percent to 874 yen.

Mitsui Mining & Smelting Co. (5706 JT): The metals producer reported 21.2 billion yen in net income for the year ended March 31, up 52 percent from what it earned a year earlier. The company forecast a 17 percent drop in profit to 17.5 billion yen this year. The stock slipped 0.4 percent to 282 yen.

Mori Seiki Co. (6141 JO): The machine-tool maker forecast net income will jump to 7 billion yen from 1.3 billion yen in the year ending March. The stock lost 1 percent to 1,053 yen.

Orix JREIT Inc. (8954) (8954 JT): The real-estate investment trust plans to raise as much as 13.9 billion yen by selling shares to the public, according to a filing with Japan’s finance ministry. The stock sank 0.7 percent to 447,000 yen.

Softbank Corp. (9984) (9984 JT): The exclusive provider of Apple Inc. (AAPL)’s iPhone in Japan said full-year profit and sales will climb as higher revenue from data services helps offset a decline in voice-call traffic. Softbank slid 0.8 percent to 3,230 yen.

Sony Corp. (6758) (6758 JT): The maker of PlayStation game consoles said names, addresses and phone numbers of 24.6 million Sony Online Entertainment customers were stolen, adding to a loss of data on 77 million PlayStation network users, Kyodo News reported. The stock advanced 2.1 percent to 2,309 yen.

Sumitomo Heavy Industries Ltd. (6302) (6302 JT): The maker of heavy electric machinery booked 27.9 billion yen in full-year net income, beating its forecast by 27 percent. The company forecast the profit will rise 7.4 percent this year. The stock retreated 0.9 percent to 534 yen.

Tokai Carbon Co. (5301 JT): The maker of carbon-based industrial products reported January-March net income dropped 17 percent to 1.08 billion yen. The company said it will rebuild a plant in Ishinomaki, Miyagi prefecture, damaged in the March 11 earthquake. The stock declined 0.7 percent to 432 yen.

Tokyo Electric Power Co. (9501 JT): The Japanese government may acquire a stake in Tokyo Electric Power to increase management control, the Yomiuri newspaper reported. The stock rose 3.1 percent to 469 yen.

Toshiba Corp. (6502) (6502 JT): The world’s No. 2 maker of flash- memory chips forecast profit will climb to a record 140 billion yen this year as demand for storage chips offsets the shortfalls from the March 11 earthquake and tsunami.

Toshiba is bidding against U.S. and European companies to acquire smart-meter maker Landis+Gyr, the Nikkei newspaper reported. The winning bid may reach the equivalent of 200 billion yen, the report said. The stock dropped 1.4 percent to 435 yen.

Toyo Tire & Rubber Co. (5105 JT): The tiremaker will invest 20 billion yen to build a tire plant in Malaysia, the Nikkei newspaper reported. Production will begin in 2013, the newspaper said. The stock fell 1 percent to 202 yen.

To contact the reporter on this story: Akiko Ikeda in Tokyo at iakiko@bloomberg.net.

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net.

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