Japan Stocks: Aeon, Chiyoda Integre, Lawson, Racoon, Unihair
Japan’s Nikkei 225 (NKY) Stock Average fell 36.54, or 0.4 percent, to 9,617.38 as of 9:35 a.m. in Tokyo. The following are 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 2.4 percent to 948 yen. Aeon posted a 92 percent jump in net income to 59.7 billion yen ($714 million) in the year ended Feb. 28. The retailer forecast net income will fall 33 percent to 40 billion yen this fiscal year.
Aeon Delight Co. (9787 JT), a building-maintenance company, jumped 7.4 percent to 1,400 yen, en route for the biggest advance since June 9. 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), an electronic-components maker, tumbled 8.2 percent to 1,119 yen. The company cut its full-year net income outlook 25 percent to 600 million yen, with less-than-expected sales.
Lawson Inc. (2651) (2651 JT), Japan’s second-largest convenience- store operator, advanced 2.4 percent to 4,015 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, was bid at 134,000 yen, higher than yesterday’s close of 113,000 yen. The company said it will conduct a 2-for-1 stock split.
Unihair Co. (8170 JT), a wig-maker, slumped 5.1 percent to 873 yen. The company said its full-year net loss widened to 23.2 billion yen from 9.85 billion yen a year earlier, with a 16 percent drop in sales.
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