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.
Artnature Inc. (7823 JQ): The wig maker said May parent sales dropped 6 percent from an 8.4 percent gain in April. The stock slid 0.3 percent to 763 yen.
Astellas Pharma Inc. (4503 JT): Japan’s second-largest drugmaker said on its website that its Brazilian unit began selling Protopic, a medication for certain skin conditions, and Omnic, a treatment for enlarged prostate glands. The stock rose
0.3 percent to 2,982 yen.
Bit-isle Inc. (3811 JX): The Internet data center operator increased its planned full-year dividend to 1,000 yen ($11) from 600 yen. The stock climbed 0.7 percent to 77,900 yen.
East Japan Railway Co. (9020 JT): The railway operator, known as JR East, may pare its interest-bearing liabilities by about 10 billion yen in the current fiscal year, Nikkei English News reported. The stock advanced 0.2 percent to 5,920 yen.
F@N Communications Inc. (2461 JQ): The Internet marketing service provider posted a 7.7 percent increase in May sales. The stock slipped 2.1 percent to 114,700 yen.
Hikari Tsushin Inc. (9435 JT): The mobile-telecommunication subscription agency said it will spend as much as 2 billion yen to buy back up to 2.76 percent of its outstanding shares. The stock lost 1.6 percent to 1,574 yen.
Kansai Electric Power Co. (9503 JT), Sumitomo Electric Industries Ltd. (5802 JT), Hitachi Ltd. (6501 JT), and Electric Power Development Co. (9513 JT): The companies will join a power-line project in Indonesia, the Sankei newspaper said. Kansai Electric gained 1.5 percent to 2,156 yen. Sumitomo Electric rose 0.4 percent to 1,104 yen. Hitachi advanced 1.7 percent to 355 yen. Electric Power slid 0.2 percent to 2,719 yen.
Kumiai Chemical Industry Co. (4996 JT), Ihara Chemical Industry Co. (4989 JT): The chemical makers separately said they plan to sell rights for a herbicide, jointly developed and marketed by Kumiai in the U.S. Kumiai Chemical boosted its full-year net income forecast by 38 percent to 760 million yen. Ihara, an agrochemical maker, raised its annual profit outlook 47 percent to 660 million yen. Kumiai slid 1.3 percent to 235 yen. Ihara was unchanged at 237 yen.
Nomura Holdings Inc. (8604 JT): The brokerage is in discussions to join private equity firm MBK Partners Ltd. (MBKPTS KS) in a bid for Lone Star Funds’ 51 percent stake in Korea Exchange Bank, Dow Jones reported, citing a person familiar with situation. Nomura gained 1.9 percent to 541 yen.
Shochiku Co. (9601 JT): The movie producer and theater operator said it will raise as much as 4.04 billion yen from a sale of shares and use the funds for rebuilding Kabuki-za, a theater in Tokyo’s Ginza area that stages traditional Japanese dramas. The stock advanced 1.6 percent to 783 yen.
Sky Perfect JSAT Holdings Inc. (9412 JT): The satellite broadcaster will delay its goal of attracting 4.3 million new subscribers to its multichannel broadcasting service to fiscal 2014 from the end of fiscal 2012, President Masanori Akiyama told Nikkei English News. The stock dropped 1.5 percent to 32,150 yen.
Sony Corp. (6758 JT) and Nintendo Co. (7974 JO): The companies showed off new 3-D capabilities for video games as the companies look to new features to revive shrinking sales. Sony slid 0.2 percent to 2,614 yen. Nintendo advanced 2.6 percent to 25,220 yen.
Studio Alice Co. (2305 JT): The photo-studio chain’s May sales rose 0.4 percent from a year earlier. That was smaller than the previous month’s gain of 2.3 percent, according to a release distributed by Studio Alice. The stock rose 0.3 percent to 814 yen.
Takashimaya Co. (8233 JT): The department-store chain said sales in May gained 0.6 percent from a year earlier. The stock slipped 0.7 percent to 764 yen.
Toyota Motor Corp. (7203 JT), Nippon Steel Corp. (5401 JT): Toyota agreed to pay an additional 19,500 yen to 20,000 yen a ton to buy steel from Nippon Steel for the April-September period, compared with last year, Nikkei English News said. Toyota rose 1.1 percent to 3,290 yen. Nippon Steel retreated 0.6 percent to 311 yen.