Japan Stocks: Capcom, Ito En, Nintendo, Nippon Carbon, Toyota

Japan’s Nikkei 225 (NKY) Stock Average fell 164.57, or 1.7 percent, to 9,555.04 as of 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.

Automakers: U.S. sales in May fell 33 percent for Toyota Motor Corp. (7203) (7203 JT) and 23 percent for Honda Motor Co. (7267 JT) as the industry total dropped 3.7 percent from a year earlier, according to figures reported yesterday. Nissan Motor Co. (7201 JT) posted a 9.1 percent decline. Toyota shares lost 3.3 percent to 3,270 yen. Honda dropped 2.4 percent to 3,045 yen. Nissan retreated 3.2 percent to 781 yen.

Capcom Co. (9697 JT), a game developer and operator of amusement centers, gained 2.5 percent to 1,706 yen. The company was raised to “overweight” from “equalweight” at Barclays Capital.

Ito En Ltd. (2593) (2593 JT), a beverage maker, advanced 1.7 percent to 1,407 yen. The company reported a 28 percent increase in net income to 7.7 billion yen ($94.3 million) for the year ended April 30, beating its forecast by 9.6 percent. The company forecast profit will rise 4.2 percent this fiscal year.

Megane Top Co. (7541 JT), an eyeglass retailer, gained 1.8 percent to 978 yen, the highest close since January 2010. The company said same-stores sales jumped 15.3 percent in May from the same month a year earlier.

Nihon Unisys Ltd. (8056) (8056 JT), a computer wholesaler, retreated 2.8 percent to 448 yen. The company had its rating cut to “underperform” from “neutral” at Mizuho Securities Co.

Nintendo Co. (7974 JO), a maker of video-game consoles, fell 3.3 percent to 18,370 yen. Mizuho Securities Co. analyst Takeshi Koyama cut his estimate of Nintendo’s operating profit for the year ending in March 2012 to 150 billion yen from 200 billion yen, citing a possible price cut for the company’s 3DS hand-held player. The estimate is lower than Nintendo’s target of 175 billion yen.

Nippon Carbon Co. (5302 JT), a maker of carbon fiber and electric furnace electrodes, leapt 5.4 percent to 216 yen. The company was raised to “outperform” from “neutral” at Credit Suisse Group AG, which said the repercussions of the earthquake disaster will be mild.

TSI Holdings Co. (3608 JT), a maker of men’s and women’s clothing, climbed 2.9 percent to 595 yen. The company said it will probably have 1.7 billion yen in net income for the year ending Feb. 29. The company plans to pay a common dividend of 17.5 yen per share this year, it said in a statement to the Tokyo Stock Exchange.

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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