JAPAN DAYBOOK: Aeon Earnings, Resona Share Sale
Retailer Aeon Co. reports earnings at 3 p.m. and Resona Holdings Inc. may announce a sale of shares.
WHAT TO WATCH *Aeon Co. reports earnings at 3 p.m. *Resona may announce a share sale, the Nikkei newspaper said. *Finance Minister Yoshihiko Noda and other ministers will hold regular briefings following a 10 a.m. cabinet meeting.
EQUITY PREVIEW *Accordia Golf (2131 JT): Goldman Sachs plans to sell its 45 percent stake in the golf course operator. *JGC (1963 JT) will book a gain of 10.6 billion yen from a sale of shares in M. W. Kellogg Ltd. *Yoshinoya (9861 JT) raised its full-year net income forecast fivefold to 500 million yen *Resona (8308) may sell as much as 600 billion yen ($7.3 billion) in shares this month the Nikkei newspaper reported. *Sumitomo Metal Industries (5405 JT) will fall short of its pretax profit forecast, the Nikkei newspaper reported. Pretax profit for the year will probably reach 40 billion yen ($490 million), missing the company’s 70 billion yen forecast, according to the report.