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Japan Stocks: Aeon, Isuzu, Lawson, Raccoon, Taisei, Tsugami

April 15 (Bloomberg) -- Japan’s Nikkei 225 Stock Average fell 62.40, or 0.7 percent, to 9,591.52 as of the close in Tokyo. The following were among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.

Aeon Co. (8267 JT), Japan’s second-largest retailer, rose 2.1 percent to 945 yen. Aeon posted a 92 percent jump in net income to 59.7 billion yen ($714 million) in the year ended Feb. 28.

Aeon Delight Co. (9787 JT), a building-maintenance company, jumped 7.4 percent to 1,400 yen. The company said it expects net income to rise 17 percent to 7.6 billion yen this fiscal year on a 25 percent gain in sales.

Chiyoda Integre Co. (6915 JT), a maker of electronic components, tumbled 7.6 percent to 1,126 yen. The company cut its full-year net income forecast 25 percent to 600 million yen.

Doutor Nichires Holdings Co. (3087 JT), a coffee-shop chain, slipped 2.2 percent to 958 yen. The company said full-year net income fell 3.9 percent to 4.02 billion yen. Profit was 16 percent less than the company’s estimate.

Isuzu Motors Ltd. (7202 JT), Japan’s largest maker of light trucks, advanced 2.3 percent to 317 yen, extending yesterday’s 6.2 percent rally after Germany’s Manager Magazin reported on April 13 that Volkswagen AG (VOW GR) may take a stake or acquire Isuzu outright.

Lawson Inc. (2651 JT), Japan’s second-largest convenience-store chain, rose 2.2 percent to 4,005 yen. The retailer said full-year net income doubled to 25.4 billion yen from 12.6 billion yen a year earlier.

Raccoon Co. (3031 JT), an online wholesaler of apparel and appliances, surged by its upper daily limit of 30,000 yen, or 27 percent, to 143,000 yen, the biggest gain since June 2009. The company said it will conduct a 2-for-1 stock split.

Taisei Corp. (1801 JT), a general contractor, lost 2.9 percent to 200 yen. The stock was cut to “neutral” from “overweight” by Hirokazu Anai, a Tokyo-based analyst at JPMorgan Chase & Co. The construction environment is worsening after Japan’s last month’s earthquake, JPMorgan said in a Japanese-language report, citing higher building materials costs, construction delays from materials procurement difficulties, and slumping orders due to capital investment cutbacks.

Tokyo Electric Power Co. (9501 JT), Asia’s largest utility, sank 6.2 percent to 469 yen. The utility, known as Tepco, expects initial compensation for people affected by the disaster at the Fukushima Dai-Ichi nuclear plant to amount to around 50 billion yen, President Masataka Shimizu said. Tepco will sell 100 billion yen of property to meet compensation payments to victims of the disaster at the nuclear plant, the Yomiuri newspaper reported.

Tsugami Corp. (6101 JT), a machine tool maker, slumped 3.4 percent to 563 yen after saying in a preliminary earnings statement that full-year net income totaled 2.8 billion yen, missing its forecast by 9.7 percent, with less-than-expected sales from sluggish domestic demand.

Unihair Co. (8170 JT), a wig-maker, tumbled 6.6 percent to 859 yen. The company said its full-year net loss widened to 23.2 billion yen from 9.85 billion yen a year earlier, as sales slid 16 percent.

Yoshinoya Holdings Co. (9861 JT), a restaurant chain that serves bowls of rice with stewed beef, retreated 3.1 percent to 97,400 yen. The company expects operating profit to rise 1.6 percent to 5.2 billion yen this fiscal year. The forecast was less than the mean estimate of 7.18 billion yen in a Bloomberg survey of four analysts.

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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