All Nippon, Inaba Seisakusho, Misumi: Japanese Equity Preview for Aug. 23
The following companies may have unusual price changes in Japanese trading on Aug. 23. 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.
All Nippon Airways Co. (9202 JT): Asia’s second-largest will increase carrier by sales will increase domestic flights at Haneda Airport, near Tokyo, and postpone a plan to expand flights between Japan and China, the Japanese carrier said in an announcement of its 2010 winter schedule. The stock lost 1.6 percent to 304 yen.
Hamamatsu Photonics K.K. (6965 JT): The maker of electron tubes and semiconductors raised its planned year-end dividend to 22 yen from 18 yen. The stock slid 0.8 percent to 2,638 yen.
Inaba Seisakusho Co. (3421 JT): The utility shed maker said in a preliminary earnings statement full-year net income amounted to 280 million yen ($3.3 million), citing cost cuts and improved efficiency after closing a plant. The company had forecast a 250 million yen loss. The stock dropped 1.4 percent to 801 yen.
Misumi Group Inc. (9962 JT): The mail-order distributor of precision machine parts said its sales in July jumped 55 percent to 10.8 billion yen. The stock declined 1 percent to 1,650 yen.
Suncall Corp. (5985 JO): The auto-parts maker said it will buy back as much as 3.07 percent of its outstanding shares. The stock jumped 4.4 percent to 360 yen.
Takara Leben Co. (8897 JT): The condominium developer boosted its full-year net income outlook 32 percent to 4 billion yen. The stock sank 4.3 percent to 421 yen.