Elpida, Kubota, Mixi, Shin-Etsu Chemical: Japan Stocks Preview
The following companies may have unusual price changes in Japanese trading tomorrow. Stock symbols are in parentheses, and share prices are as of the last close. The information in each item was released after markets shut unless stated otherwise.
Semiconductor-related shares: Japan’s September chip- equipment orders declined 38 percent from a year ago to 79.5 billion yen ($1 billion), according to a report on the website of the Semiconductor Equipment Association of Japan.
Dainippon Screen Manufacturing Co. (7735 JT), a maker of systems for semiconductors, sank 2.4 percent to 568 yen. Elpida Memory Inc. (6665) (6665 JT), a maker of computer-memory chips, slid 5.3 percent to 486 yen.
Thailand’s flood-impacted companies: Thailand’s worst floods in five decades have closed factories and disrupted supply chains for manufacturers.
Kubota Corp. (6326) (6326 JT): The maker of industrial machinery said operations were halted at three plants in Thailand.The stock gained 1.2 percent to 616 yen. Carmaker Mitsubishi Motors Corp. (7211) (7211 JT) will suspend all Thai output until Oct. 22, according to spokesman Kai Inada. The stock was unchanged at 103 yen. Shin-Etsu Chemical Co. (4063 JT), the chemical products and electronic materials producer, said it halted production at a Thai plant and will make up for the lost production at other plants, such as in Malaysia. The stock fell 0.3 percent to 3,945 yen.
Mixi Inc. (2121) (2121 JT): The operator of Japan’s largest online social-networking service said it plans to set up a unit in the U.S. as it seeks overseas investments and alliance. The stock sank 4.4 percent to 237,100 yen.
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