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Eisai, Mizuho, Seiko Epson, Softbank: Japan Equity Preview

March 4 (Bloomberg) -- 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.

Bit-isle Inc. (3811 JQ): The Internet data-center operator said first-half net income jumped 81 percent to 439 million yen ($5.4 million) on a 20 percent gain in sales. The stock rose 5.1 percent to 142,100 yen.

Eisai Co. (4523 JT): The drugmaker forecast sales will be little changed for the next five years after losing patent protection on its Aricept pill, the world’s bestselling treatment for Alzheimer’s disease. The stock increased 0.7 percent to 3,110 yen.

Kourakuen Corp. (7554 JT): The noodle-shop operator said sales at restaurants open for at least 13 months fell 12.5 percent in February from the same month a year earlier, dragged down by lower customer traffic. The stock increased 0.2 percent to 1,258 yen.

Mizuho Financial Group Inc. (8411 JT): Mizuho Corporate Bank Ltd., a unit of Japan’s third-largest lender by market value, said it agreed to buy 95 percent of Eurekahedge Pte, a Singapore-based hedge-fund research firm. The stock rose 0.6 percent to 169 yen.

Renown Inc. (3606 JT): The apparel maker said in a preliminary earnings statement that full-year net loss totaled 1.6 billion yen, wider than its 600 million yen loss outlook. The stock gained 1.9 percent to 218 yen.

Seiko Epson Corp. (6724 JT): The maker of electronic devices will spend $110 million to build a projector and inkjet printer plant in the Philippines, according to a statement on its website. The stock advanced 1.2 percent to 1,361 yen.

Softbank Corp. (9984 JT): Japan’s third-largest mobile-phone operator will sell the new version of Apple Inc.’s iPad tablet computer in Japan, the company said in an e-mailed statement. Softbank rallied 4.8 percent to 3,410 yen.

Sysmex Corp. (6869 JT): The maker of clinical testing equipment said it will conduct a 2-for-1 stock split. The stock rose 0.2 percent to 5,240 yen.

Toda Kogyo Corp. (4100 JT): Researchers led by Toda Kogyo and Tohoku University have made a magnetic material without rare-earth metals, Nikkei English News reported. It is 60 percent more powerful than existing magnets, Migaku Takahashi, a professor at Tohoku University, told Nikkei. Toda climbed 0.4 percent to 824 yen.

To contact the reporter on this story: Norie Kuboyama in Tokyo at

To contact the editor responsible for this story: Nick Gentle at

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