Nikon, Omron, Panasonic, Rakuten, 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.

Dr. Ci:Labo Co. (4924 JT): The cosmetics developer said it expects a 10 percent increase in net income to 6.61 billion yen ($85 million) this fiscal year on a 13 percent advance in sales. The stock lost 1 percent to 466,500 yen.

Eizo Nanao Corp. (6737) (6737 JT): The maker of computer displays said it will buy back up to 4.48 percent of its outstanding shares. Also, the company raised its full-year net income outlook by a third to 1.6 billion yen. The stock jumped 6.5 percent to 1,471 yen.

Nikon Corp. (7731) (7731 JT): The maker of cameras, lenses and scanners will start sales of mirrorless digital cameras as early as this year, the Nikkei newspaper reported. The stock gained 3.2 percent to 1,728 yen.

Ohara Inc. (5218) (5218 JT): The maker of optical glass said nine- month net income plunged 69 percent to 548 million yen, dragged down by increased transport costs. The stock fell 1 percent to 713 yen.

Omron Corp. (6645) (6645 JO): The maker of electronic components will acquire Shanghai Best Electric Appliance Co. (8011678Z CH), a Shanghai-based electronic parts maker used for smart grids, the Nikkei newspaper reported. Omron was unchanged at 1,685 yen.

Panasonic Corp. (6752) (6752 JT): The world’s largest maker of plasma televisions will build a plant in Vietnam to make substrates used in smartphones, according to a statement on its website. The stock slipped 0.3 percent to 770 yen.

Rakuten Inc. (4755 JQ): Japan’s largest online retailer acquired a minority stake in Ozon.Ru, a Russian e-commerce company, Rakuten said in a release on its website. Ozon.Ru raised $100 million from investment funds and Rakuten, Vedomosti reported, citing the Russian online retailer’s Chief Executive Officer Mael Gave. Rakuten advanced 2.1 percent to 87,300 yen.

Round One Corp. (4680) (4680 JT): The operator of bowling-alleys and amusement facilities said sales at 106 facilities open for at least 12 months in Japan increased 4.2 percent from a year earlier in August. The stock dropped 1.8 percent to 600 yen.

Sekisui House Ltd. (1928) (1928 JT): The home builder said first- half net income rose 24 percent to 16.9 billion yen. The company raised its full-year profit projection 4.4 percent to 35.5 billion yen. The stock rose 1.2 percent to 688 yen.

Tokyo Individualized Educational Institute Inc. (4745) (4745 JT): The cram school operator said August sales at classes open at least 12 months fell 3.5 percent from the same month a year earlier. The stock sank 4 percent to 144 yen.

Toyota Motor Corp. (7203) (7203 JT): The automaker will invest 30 billion yen in Indonesia and plans to double annual output capacity at the assembly plants in the country to 200,000 vehicles, the Nikkei newspaper reported. Toyota, the world’s largest carmaker, rose 0.8 percent to 2,700 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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