ANA, Daiwa, Hitachi, Mitsubishi: Japan Equity Preview

(Corrects ticker in Tokyo Electric Power item.)

The following companies may have unusual price changes in Japanese trading on Aug. 1. 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): Japan’s biggest listed carrier by market value said it expects full-year profit to drop 14 percent to 20 billion yen ($258 million) after the March 11 earthquake disrupted travel demand. Sales may rise 3.9 percent to 1.41 trillion yen from 1.36 trillion yen, it said. First- quarter net loss widened 61 percent to 8.47 billion yen from a year earlier. The stock slid 1.5 percent to 261 yen.

Chubu Electric Power Co. (9502 JT): The operator of the suspended Hamaoka nuclear plant in central Japan forecast a net loss of 140 billion yen for the year ending March 31, reversing its profit of 84.6 billion yen in the previous term. The utility expects revenue to increase 4.7 percent to 2.4 trillion yen for the 12-month period. The stock declined 4.1 percent to 1,322 yen.

Dai-Ichi Life Insurance Co. (8750 JT): The life insurer said it will book a 20.4 billion yen securities valuation charge in the first quarter of the year ending March. The stock declined 1.8 percent to 109,100 yen.

Daiwa Securities Group Inc. (8601) (8601 JT): Japan’s second- largest brokerage by market value said its first-quarter net loss widened to 9.43 billion yen from 1.19 billion yen a year earlier. Revenue rose 21 percent to 114 billion yen for the quarter from a year earlier. The stock slid 1.5 percent to 336 yen.

DeNA Co. (2432 JT): The online social media site operator said first-quarter net income jumped 45 percent to 9.45 billion yen from a year earlier. The stock declined 2.8 percent to 3,845 yen.

Fujifilm Holdings Corp. (4901) (4901 JT): The maker of color film said first-quarter net income fell 18 percent to 14.5 billion yen from a year earlier. The stock slid 1.2 percent to 2,333 yen.

Hitachi Ltd. (6501) (6501 JT): Japan’s second-largest manufacturer by revenue said first-quarter profit fell 97 percent to 2.93 billion yen in from a year earlier. The stock lost 1.2 percent to 479 yen.

Mitsubishi Corp. (8058) (8058 JT): Japan’s largest trading company by market value said first-quarter profit slid 18 percent to 115 billion yen from a year earlier. The stock slid 1 percent to 2,063 yen.

Mitsubishi UFJ Financial Group Inc. (8306) (8306 JT): Japan’s biggest publicly traded bank by market value said first-quarter net income surged to 501 billion yen from 166 billion yen a year earlier. The stock fell 1.3 percent to 392 yen.

Mizuho Financial Group Inc. (8411) (8411 JT): Japan’s third- biggest bank by market value said first-quarter profit fell 36 percent to 96.4 billion yen from a year earlier. The stock retreated 1.6 percent to 127 yen.

Mizuho Securities Co. (8606 JT): The brokerage said it swung to a first-quarter net loss of 8.51 billion yen from 470 million yen profit a year earlier. The stock slid 1.1 percent to 188 yen.

Murata Manufacturing Co. (6981 JT): The electronic-parts maker said first-quarter net income fell 18 percent to 19.1 billion yen from a year earlier. The stock lost 1.4 percent to 5,010 yen.

Nomura Holdings Inc. (8604) (8604 JT): Japan’s largest brokerage by market value said first-quarter net income rose to 17.8 billion yen from 2.3 billion yen a year earlier. The stock slid 0.5 percent to 376 yen.

NTT DoCoMo Inc. (9437) (9437 JT): Japan’s largest mobile-phone operator by market value said first-quarter profit increased 12 percent to 158 billion yen, citing cost reductions. The stock fell 0.8 percent to 141,500 yen.

Promise Co. (8574 JT): The consumer lender said it returned to first-quarter net income of 4.03 billion yen from a net loss of 4.25 billion yen a year earlier. The stock gained 0.5 percent to 677 yen.

Seiko Epson Corp. (6724) (6724 JP): The maker of printers and watches said it swung to a first-quarter net loss of 3.2 billion yen from a year earlier. The stock fell 0.7 percent to 1,315 yen.

Takeda Pharmaceutical Co. (4502 JT): Asia’s biggest drugmaker by market value, said first-quarter profit jumped 18 percent to 75.6 billion yen from a year earlier, helped by the sale of new medicines for diabetes and cancer in Japan. The stock slid 0.5 percent to 3,675 yen.

Tokyo Electric Power Co. (9501 JT): The operator of the Fukushima Dai-Ichi plant said it will add institutions including schools and hospitals to the recipients of provisional compensation for the nuclear disaster. Separately, the Japanese government said it will reduce its dependence on nuclear energy, review the state’s role in atomic power operations following the conclusion of a meeting of ministers charged with outlining a new energy policy. The stock fell 6 percent to 425 yen.

Yamato Holdings Co. (9064 JT): The parcel-delivery company said first-quarter net income jumped 36 percent to 1.28 billion yen from a year earlier. The stock increased 0.2 percent to 1,322 yen.

To contact the reporter on this story: Kana Nishizawa in Tokyo at knishizawa5@bloomberg.net.

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

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