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.
ABC-Mart Inc. (2670 JT): The shoe retailer said full-year net income advanced 27 percent to 18.4 billion yen ($215 million) on a 12 percent rise in sales. The stock dropped 0.4 percent to 2,825 yen.
All Nippon Airways Co. (9202 JT): All Nippon Airway passenger numbers fell 25 percent on domestic routes and declined 15 percent on international services since the March 11 earthquake and tsunami in northeastern Japan, spokesman Ryosei Nomura said by telephone. Separately, All Nippon plans to resume service from Tokyo to the earthquake-damaged Sendai airport after dropping the route 26 years ago, the Nikkei newspaper reported. The stock leapt 0.9 percent to 237 yen.
Dentsu Inc. (4324 JT): Japan’s largest advertising company will postpone the release of its parent-based monthly sales figures for March because of the impact of the March 11 earthquake. The stock fell 0.3 percent to 2,113 yen.
Elpida Memory Inc. (6665 JT): The maker of computer-memory chips will start production in June of 4-gigabit DRAM for smartphones and similar devices, the Nikkei newspaper reported. The stock slid 0.5 percent to 1,063 yen.
Hitachi Ltd. (6501 JT): The maker of diverse products ranging from nuclear power systems to household appliances said profit is likely to deteriorate after Japan’s record earthquake in March, President Hiroaki Nakanishi told reporters in Tokyo. The company will review its nuclear power business plans, he said. The stock slipped 0.2 percent to 417 yen.
Honda Motor Co. (7267 JT): Japan’s second-largest carmaker by market value said it will cut production at its U.K. factory by 50 percent from April 11 to cope with a parts shortage following the earthquake and tsunami in Japan. The stock declined 1.3 percent to 2,895 yen.
JGC Corp. (1963 JT): The plant engineering company agreed to pay a $218.8 million criminal penalty to avoid prosecution on charges it bribed Nigerian officials for contracts on natural gas projects. The stock rose 0.1 percent to 1,950 yen.
Kewpie Corp. (2809 JT): The mayonnaise maker said first-quarter net income fell 6.8 percent to 2.21 billion yen, as higher egg prices offset increased sales and lower costs. The stock lost 0.9 percent to 968 yen.
Mitsui & Co. (8031 JT): The trading house plans to pay 90 billion yen for 30 percent of Malaysia’s Integrated Healthcare Holdings Ltd., the Nikkei newspaper reported. Mitsui dropped 1.3 percent to 1,479 yen.
Renown Inc. (3606 JT): The apparel maker said in a preliminary earnings statement full-year net loss was 1.14 billion yen, narrower than its estimated 1.6 billion yen loss, buoyed by lower costs and improved inventory standings. The stock retreated 4.1 percent to 139 yen.
Sony Corp. (6758 JT): Japan’s biggest exporter of electronics is adjusting the level of production at its plants outside Japan due to difficulties in procuring material and parts, the company said in a statement. The stock sank 1.2 percent to 2,591 yen.
Sumitomo Metal Industries Ltd. (5405 JT): Japan’s third-largest steelmaker said the plate mill at its Kashima factory, in Ibaraki prefecture, resumed rolling operations on April 5. The stock sank 3.8 percent to 177 yen.
Tokyo Electric Power Co. (9501 JT): The Swiss National Bank has taken the Swiss franc bonds of the power company known as Tepco, which operates the damaged nuclear power plant in Fukushima, from its repo basket, meaning the securities cannot be used anymore to expand the money supply at the national bank, Handelszeitung said, without citing anyone.
Separately, Hitachi Ltd. (6501 JT) and EDF SA (EDF FP) will combine to help in the cleanup of Tokyo Electric Power Co.’s crippled nuclear plant, the Nikkei newspaper reported, citing Hitachi President Hiroaki Nakanishi. Tepco sank 6.9 percent to 337 yen. Hitachi dropped 0.2 percent to 417 yen.
Toyota Motor Corp. (7203 JT): The world’s biggest carmaker will resume production at its affiliate Central Motor Co.’s Sagamihara plant in Kanagawa, west of Tokyo, from April 11, according to spokeswoman Shiori Hashimoto. Toyota advanced 0.2 percent to 3,265 yen.
Union Tool Co. (6278 JT): The maker of drill bits cut its full-year net income outlook 14 percent to 1.81 billion yen, citing slumping demand of carbide drills used for printed circuit boards. The stock fell 1.2 percent to 1,872 yen.