DeNA, Fanuc, Fuji Electric, Komatsu, Yahoo: Japan Stocks 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.

DeNA Co. (2432 JT) and Mixi Inc. (2121) (2121 JT): The social- media site operators will create an online shopping site that will launch in March, according to DeNA’s website. DeNA fell 1.5 percent to 1,942 yen. Mixi rose 0.1 percent to 185,200 yen.

Fanuc Corp. (6954) (6954 JT): The factory robotics maker’s net income for the nine months ended Dec. 31 rose 22 percent to 105.9 billion yen ($1.4 billion) from a year earlier on rising sales. The stock rose 0.6 percent to 13,060 yen.

Fuji Electric Co. (6504 JT): The producer of electronic equipment cut its full-year net-income forecast 54 percent to 7 billion yen, citing the delay of projects after the March quake and falling sales in China and Europe. Shares fell 0.9 percent to 227 yen.

Fujifilm Holdings Corp. (4901 JT): Japan’s only maker of photographic film will soon propose a capital alliance to Olympus Corp. (7733 JT), according to the Nikkei newspaper, which didn’t cite a source. The report added that scandal-hit Olympus does not want to sell more than a 30 percent stake to ensure its independence. The stock rose 2.8 percent to 2,016 yen.

Hitachi Chemical Co. (4217 JT): The chemical producer trimmed its full-year net-income forecast 37 percent to 12 billion yen due to slowing demand for liquid-crystal panels and semiconductors. The stock price fell 3 percent to 1,419 yen.

Komatsu Ltd. (6301) (6301 JT): The construction machinery maker’s profit growth may fall due to the slowdown in China, the Nikkei reported. Komatsu gained 1.1 percent to 2,137 yen.

Nippon Flour Mills Co. (2001 JT): The company on Feb 15. will retire 4 million shares, or 2.3 percent of the total, according to a statement in the Tokyo Stock Exchange. The stock gained 1.2 percent to 348 yen.

Oji Paper Co. (3861 JT): The paper maker’s pretax profit may fall 10 percent to 40 billion yen due on foreign-exchange losses and rising material costs, the Nikkei reported. Oji gained 0.5 percent to 380 yen.

Yahoo Japan Corp. (4689) (4689 JT): The Web site operator said its full-year net-income would rise as much as 7.6 percent to 97.2 billion yen. It will also pay as much as 342 yen per share for its second-half dividend, up from 318 yen a year earlier. Shares gained 2.7 percent to 25,090 yen.

To contact the reporter on this story: Masaaki Iwamoto in Tokyo at miwamoto4@bloomberg.net

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

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