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.
Daiichi Sankyo Co. (4568 JT): The drugmaker will receive a grant of 30 billion yen ($391 million) from the Japanese government to build production facilities for H1N1 influenza vaccines, according to a statement on its website. The stock increased 0.7 percent to 1,510 yen.
Daiwa House Industry Co. (1925 JT): The home builder plans 30,000 kilowatts of solar plants by 2015 and targets annual revenue of 10 billion yen from sale of electricity, the Nikkei newspaper reported. The stock advanced 0.3 percent to 888 yen.
Fancl Corp. (4921) (4921 JT): The maker of cosmetics and nutritional supplements said sales dropped 1.1 percent to 7.62 billion yen in July from a year earlier. The stock fell 0.5 percent to 991 yen.
Japan Prime Realty Investment Corp. (8955) (8955 JT): The real estate investment trust will buy the Ginza Sanwa building in Tokyo for 3.4 billion yen from Matsuya Co. (8237 JT). The price excludes expenses related to the acquisition and consumption tax, according to a statement. Japan Prime Realty Investment slid 0.4 percent to 210,200 yen.
Kansai Electric Power Co. (9503 JT): Japan’s second- biggest utility by revenue has found errors in earthquake resistance test data for the building housing Takahama plant No. 3 and No. 4 reactors, Jiji reported, citing the company. The stock gained 2.9 percent to 1,371 yen.
Matsuya Co. (8237 JT): The department store operator more than doubled its full-year net income forecast to 4.2 billion yen from 1.8 billion yen, citing a gain from sale of its fixed assets. The stock was unchanged at 407 yen.
Ministop Co. (9946 JT): The convenience store chain boosted its full-year net income projection 20 percent to 3 billion yen, citing sales and earnings growth at its South Korean stores. The stock slid 0.3 percent to 1,492 yen.
Namco Bandai Holdings Inc. (7832) (7832 JT) and DeNA Co. (2432 JT): The companies will form a venture in Japan to develop games for smartphones. Namco Bandai, a toymaker, will own 75 percent of the company and DeNA the rest, according to a statement. Namco Bandai slipped 2.3 percent to 939 yen. DeNA, an online social media site operator, sank 6.2 percent to 3,780 yen.
Nishimatsuya Chain Co. (7545 JT): The apparel retailer said same-store sales in the month ended Aug. 20 fell 8.7 percent from the same month a year earlier. The stock tumbled 5.6 percent to 624 yen.
Proto Corp. (4298) (4298 JQ): The provider of information about new and used cars raised its planned full-year dividend to 85 yen per share from 75 yen. The stock lost 0.8 percent to 2,371 yen.
Right On Co. (7445 JT): The retailer of jeans and casual wear said same-store sales climbed 10.8 percent in the month ended Aug. 20 from a year earlier as customer traffic surged. The stock declined 2.2 percent to 400 yen.
Sagami Chain Co. (9900 JT): The noodle restaurant chain said in a preliminary earnings statement that its first-half net loss totaled 370 million yen, narrower than its 420 million yen loss outlook, because same-store sales are recovering from a slump after the March 11 earthquake. The stock gained 1.3 percent to 463 yen.
Toyota Motor Corp. (7203) (7203 JT): The world’s biggest carmaker by market value and Ford Motor Co. (F US) said they plan to collaborate to develop a hybrid system for pickup trucks and sport-utility vehicles as U.S. fuel-economy rules tighten. Toyota lost 2.5 percent to 2,700 yen.
Universe Co. (3078 JT): The supermarket chain said first- quarter net income rose to 774 million yen from 295 million yen a year earlier. The retailer raised its first-half net income outlook 42 percent to 1.34 billion yen. The stock declined 1.3 percent to 1,623 yen.
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