Aeon, Daicel, Kyowa Hakko, Mazda, Toyota: Japan Equity Preview

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.

Aeon Co. (8267 JT): Japan’s biggest supermarket chain said revenue in July gained 3.4 percent, compared with a year earlier. The stock rose 0.1 percent to 942 yen.

Chubu Electric Power Co. (9502 JT): The utility borrowed 100 billion yen ($1.3 billion) in a loan arranged by the Japan Bank for International Cooperation, according to a statement on the lender’s website. The funds will be used to import liquefied natural gas, the statement said. The stock lost 3.7 percent to 1,429 yen.

Daicel Chemical Industries Ltd. (4202) (4202 JT): The chemical maker said it will spend as much as 2 billion yen to buy back as much as 1.12 percent of its outstanding shares. The stock gained 2.4 percent to 433 yen.

Daiwa Securities Group Inc. (8601) (8601 JT): Tokyo Stock Exchange Group Inc. (TSEGZ JP) will help Myanmar establish a stock exchange with Daiwa Securities, and may invest in the exchange in the future, public broadcaster NHK said on its website, citing a person familiar with the matter. Daiwa advanced 2 percent to 308 yen.

Gamecard-Joyco Holdings Inc. (6249 JQ): The wholesaler of prepaid IC cards boosted its full-year net income outlook 27 percent to 3.8 billion yen on higher-than-expected sales. The stock advanced 0.7 percent to 979 yen.

Kyowa Hakko Kirin Co. (4151 JT): The drugmaker majority owned by Kirin Holdings Co. plans to buy back as much as 4.39 percent of its outstanding shares for up to 20 billion yen between Aug. 26 and Feb. 29, according to a statement. The stock rose 0.7 percent to 760 yen.

Mazda Motor Corp. (7261) (7261 JT): Alliance Bernstein, a U.S. asset management company, has likely become the automaker’s largest shareholder with about 6.7 percent, the Nikkei newspaper reported, citing filings. Mazda jumped 4.6 percent to 160 yen.

Nissen Holdings Co. (8248 JO): The mail-order business operator said sales fell 1 percent in the month ended Aug. 20 from a year earlier, its first drop since March. The stock slumped 4.9 percent to 446 yen.

Nissin Foods Holdings Co. (2897 JT) and Mitsubishi Corp. (8058) (8058 JT): The companies will purchase 50 percent of Turkey’s largest pasta producer, Piyale from Yildiz Holding AS, which owns biscuit and cake maker Ulker Biskuvi Sanayi AS (ULKER TI), Sabah newspaper reported. Nissin Foods slid 1.5 percent to 2,909 yen. Mitsubishi rose gained 1.8 percent to 1,744 yen.

Ryoyo Electro Corp. (8068) (8068 JT): The electronic-components wholesaler’s first-half net income totaled 520 million yen, beating its outlook by 37 percent, according to a preliminary earnings statement. The stock rose 0.1 percent to 705 yen.

So-net Entertainment Corp. (3789) (3789 JT): The Internet service unit of Sony Corp. (6758 JT) said it plans to pay a full-year dividend of 3,600 yen per share, up from 3,300 yen dividend payout a year earlier. The stock fell 0.3 percent to 337,500 yen.

T&D Holdings Inc. (8795) (8795 JT): The life insurer said it will conduct a 2-for-1 stock split and double its minimum trading unit to 100 shares. The stock gained 2.1 percent to 1,574 yen.

Tokyo Electric Power Co. (9501 JT): The utility at the center of the worst nuclear crisis since Chernobyl will compensate Minami-Soma city residents who were told to evacuate temporarily or stay indoors after the accident at the wrecked Fukushima Dai-Ichi nuclear plant, according to a statement on the Japanese utility’s website. Tokyo Electric, known as Tepco, sank 4.7 percent to 368 yen.

Tosei Corp. (8923) (8923 JT): The property developer said it has received approval from the Tokyo Stock Exchange to move its shares to the bourse’s first section on Sept. 1. The shares are currently listed on the second section. The stock climbed 1.7 percent to 20,500 yen.

Toyota Motor Corp. (7203) (7203 JT): The world’s biggest carmaker by market value is planning to generate solar power at an industrial park in northern Japan to cope with power shortages after the March 11 earthquake and tsunami, the Asahi newspaper reported. The stock rose 1.7 percent to 2,764 yen.

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

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

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