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Monday March 26, 12:40 PM Japan Hot Stocks-Mitsubishi Electric, Chugai Pharmaceutical TOKYO, March 26 (Reuters) - The following stocks are on the move on Monday: **MITSUBISHI ELECTRIC GAINS ON HIGHER FORECAST** Shares of Mitsubishi Electric Corp. jump 2.8 percent to 1,219 yen after the electronics conglomerate raised its annual operating profit forecast by 28 percent to above market expectations on Monday, helped by strong demand for factory automation equipment. It now expects to post a group operating profit of 230 billion yen ($1.95 billion) for the year ending this month, compared with its previous forecast for 180 billion yen and last year's result of 157.7 billion yen. The market consensus was 212 billion yen, according to 19 brokerages polled by Reuters Estimates. 0428 GMT **CHUGAI PHARM DOWN AFTER FRESH TAMIFLU REPORTS** Shares in Chugai Pharmaceutical Co. Ltd. down 1.5 percent at 2,915 yen after media reports said more than 20 cases had been reported of children aged under 10 developing neuropsychiatric disorders after taking the influenza drug Tamiflu. [ID:nT29358] Swiss drugmaker Roche produces the drug and Chugai, half-owned by Roche, imports it to Japan. Japanese health officials have issued an alert over giving Tamiflu to teenagers after a series of incidents, including teen suicides, that fuelled concerns the drug could lead to problems such as hallucinations. 0200 GMT **KATOKICHI DOWN AFTER REPORT OF CIRCULAR TRADING** Shares of Katokichi Co. Ltd. are untraded, flooded with sell orders at 750 yen, down 11.8 percent from its closing price of 850 yen on Friday, following a media report that the frozen food producer might have been involved in circular trading with some of its clients. The Nikkei business daily reported on Monday that Katokichi received a notice from its auditor that Katokichi might have conducted circular transactions with its clients, including collapsed cooker manufacturer Ono Shokuhin Kogyo. Katokichi issued a statement on Monday that it is now investigating the reported matter. On Friday, Katokichi said it expects to post a special loss arising from the collapse of Ono Shokuhin and 31 other client companies in the current business year to March 31. 0200 GMT **HOOSIERS DOWN AFTER CUTTING EARNINGS FORECAST** Hoosiers Corp. loses 3.5 percent to 93,900 yen after the real estate company lowered its earnings outlook for the current business year to March 31, citing intensifying competition in sales of condominiums in suburban areas. The company lowered its outlook for group net profit to 3.03 billion yen, down 20 percent from its earlier projection of 3.80 billion. Sales forecast was cut by 14 percent to 37.20 billion. 0122 GMT **SANYO ELEC CREDIT UP AFTER GE LAUNCHES TAKEOVER BID** Shares of Sanyo Electric Credit Co. Ltd. are untraded, flooded with buy orders at 2,410 yen, up 19.9 percent from its closing price of 2,010 yen on Friday, after General Electric Co. said it would launch a $1.14 billion takeover bid for the leasing firm. [ID:nT173191] GE said it would pay 3,250 yen per share in a tender offer, a premium of nearly 62 percent from Sanyo Credit's Friday closing price. Sanyo Credit said it had agreed to the offer, which runs from Monday until May 9. 0104 GMT **GOODWILL UP ON REPORT PLACEMENT FIRMS TO RAISE FEES** Shares of The Goodwill Group Inc. up 4.7 percent at 95,000 yen after the Nikkei business daily reported on Saturday that a number of employment agencies for mid-career workers are likely to raise their fees for a second year in a row. The newspaper said companies are keen to secure personnel regardless of higher fees due to tight labour conditions. Fuji Staff Inc. is negotiating with clients to raise its commission fee to 35 percent in the next financial year from above 30 percent now, the newspaper said. It hiked commissions 4 percentage points in the current financial year, the paper said. Shares of Fuji Staff up 1 percent at 309 yen. 0100 GMT **SECOM UP ON REPORT OF HIGHER DIVIDEND** Shares of Secom Co. up 1.6 percent at 5,610 yen after the Nikkei business daily said on Saturday that Japan's top security service firm will likely boost its dividend for the current year to March 31 to 80 yen versus an earlier forecast of 60-65 yen. The higher dividend is the result of Secom's decision to revise its target ratio to 30 percent of consolidated profit instead of parent-only profit, the newspaper said. 0029 GMT **ISETAN UP ON REPORT TO TIE-UP WITH TOKYU** Shares of Isetan Co. up 1.7 percent at 2,130 yen after the Nikkei business daily said the department store would link up with smaller rival Tokyu Department Store Co. to jointly develop products and to integrate information systems. [ID:nT163196] The newspaper said Isetan, Japan's fifth-largest department store chain, and No. 9 player Tokyu, and Tokyu's railway operator parent Tokyu Corp. would announce the deal on Tuesday. Shares of Tokyu Corp. up 1 percent at 978 yen. 0010 GMT