Komatsu Ltd., Toyota, Yaskawa, Yurtec: Japanese 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.

Advantest Corp. (6857 JT): The maker of semiconductor testing equipment will report an operating loss of 3 billion yen ($39 million) in the three months through December due to falling revenue and acquisition costs, the Nikkei newspaper reported. The stock dipped 0.1 percent to 761 yen.

Electric Power Development Co. (9513 JT): The utility restarted a unit at its stalled Isogo thermal power plant today, according to the company’s website. The facility was taken offline after a fire in November. Shares rose 0.4 percent to 2,036 yen.

Elpida Memory Inc. (6665 JT): The chipmaker is in final talks with Micron Technology Inc. and Nanya Technology Corp. for a three-way merger, the Yomiuri newspaper reported, without saying where it got the information. Elpida rose 1.7 percent to 351 yen.

Kansai Electric Power Co. (9503 JT): The utility may post a pretax loss of 100 billion yen for the nine months through December due to rising fuel costs caused by the halt of its nuclear power plants, the Nikkei newspaper reporter. The company reported a 216 billion yen profit a year earlier. Shares fell 1.2 percent to 1,253 yen.

Komatsu Ltd. (6301 JT): Japan’s largest construction machinery maker canceled 15.6 million of its shares, or 1.6 percent of the total, according to a statement to the Tokyo Stock Exchange. The stock gained 0.6 percent to 2,093 yen.

Olympus Corp. (7733 JT): Sony Corp. (6758 JT) offered to take as much as a 30 percent stake in Olympus as part of a business alliance proposal, the Nikkei newspaper reported, without citing anyone. The stock jumped 8.2 percent.

Terumo Corp. (4543 JT): The pharmaceutical and medical tool maker’s operating profit may rise 4 percent to 50 billion yen for the nine months through December from a year earlier due to the rise in sales of catheters, the Nikkei reported. Terumo lost 2.1 percent to 3,570 yen.

Toyota Motor Corp. (7203 JT): The Australian subsidiary of Asia’s largest carmaker will cut more than a tenth of the jobs at its manufacturing plant in Victoria after production fell 21 percent in 2011. Toyota fell 0.3 percent to 2,720 yen.

Yaskawa Electric Corp. (6506 JT): The servomotor producer cut its full-year net-income forecast 11 percent to 8 billion yen ($104 million), citing a writedown in deferred tax assets due to tax rate changes starting in April. The stock was unchanged at 686 yen.

Yurtec Corp. (1934 JT): The construction company raised its full-year net-income forecast 18 percent to 2 billion yen. The unit of Tohoku Electric Power Co. (8506 JT) cited the rise in revenue due to post-quake projects for the improved outlook. Yurtec lost 0.3 percent to 400 yen.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE