Arcs, Ito En, Kawasaki, Oracle, Toyota: Japan Equity Preview
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The following companies may have unusual price changes in Japanese trading on July 7. Stock symbols are in parentheses, and share prices are from the previous close. The information in each item was released after markets shut, unless stated otherwise.
Arcs Co. (9948 JT): The operator of supermarkets and discount stores said first-quarter operating profit, or sales minus the cost of goods sold and administrative expenses, gained 21 percent to 2.18 billion yen ($20.4 million), with a 4.2 percent advance in sales. Net income in the quarter rose 0.9 percent to 1.19 billion yen. Arcs increased 39 yen, or 2.8 percent, to 1,448.