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Tuesday April 3, 1:23 PM

Japan Hot Stocks-Universal Studios, Posful, Nishimatsuya

TOKYO, April 3 (Reuters) - The following stocks are on the move on Tuesday: **UNIVERSAL STUDIOS UP ON RECORD VISITORS**

Shares of Universal Studios Japan jump 6.4 percent to 56,400 yen after the theme park said it saw a record 2.1 million visitors during the three months to March, helped by the popularity of its new "Hollywood Dream" attraction.

For the financial year just ended attendance hit 8.7 million, up 4.6 percent from the previous year, the company said. 0520 GMT **POSFUL UP AFTER AEON SAYS TO RAISE STAKE**

Posful Corp. jumps 5.8 percent to 460 yen after top-ranked store operator Aeon Co. said it would raise its stake in Posful and transfer its operations on the northern island of Hokkaido to the regional retailer to boost operational efficiency. [nT200426]

Aeon will raise its voting rights in Posful to 53.1 percent from 34.2 percent this month by buying 8.7 million shares in Posful via a third-party share allocation for 4 billion yen. Aeon shares are down 1.1 percent at 2,310 yen. 0200 GMT **NISHIMATSUYA UP AFTER 06/07 PROFIT HITS RECORD HIGH**

Nishimatsuya Chain Co. Ltd. jumps 7.8 percent to 2,135 yen after the company said its parent recurring profit grew 13.4 percent in the year ended Feb. 20 to 11.4 billion yen ($97 million), marking a record high for the 12th straight year.

The operator of children's wear and sundries shops attributed the growth to strong sales of its private-brand goods, as well as reduced purchasing costs.

Following the earnings report, Mizuho Securities raised its rating on the stock to "2" from "3" and set its target share price at 2,360 yen. 0200 GMT **BRIDGESTONE UP AS IT HIKES U.S. TYRE PRICES** Bridgestone Corp. gains 4.5 percent to 2,440 yen as its U.S. unit, Bridgestone Firestone North American Tire, LLC (BFNT), announced price increases on tyres. The BFNT said the increases -- generally up to 5 percent on passenger and light truck, truck, bus and agricultural and off-the-road tyres -- will affect the replacement, original equipment and export channels. The price increases are scheduled to begin being phased in from May 1. 0200 GMT **SANYO SHINPAN DOWN AFTER CUTTING EARNINGS ESTIMATE**

Sanyo Shinpan Finance Co. Ltd. falls 5.3 percent to 2,775 yen after the company cut its earnings estimate for the year ended March 31, as it raised reserves against repayments of interest charges deemed by courts to be illegally high.

The consumer financing company now estimates its group net loss at 80.1 billion yen ($679.7 million), more than double its earlier projection of a 38.5 billion yen loss. 0112 GMT **ISUZU MOTORS UP AFTER HSBC UPGRADES**

Isuzu Motors Ltd. advances 3.6 percent to 599 yen after HSBC Securities Japan Ltd. said in a report on Tuesday that it raised the rating on the stock to "overweight" from "neutral", saying the company's new management team improves its prospects.

"The company is installing a new management team that is more streamlined than the old one, and more geared to expanding business overseas and with Toyota" Motor Corp. , the brokerage firm said. 0054 GMT **NITORI UP AFTER POSTING STRONG EARNINGS**

Nitori Co. Ltd. climbs 3.7 percent to 5,900 yen after the operator of furniture and interior goods stores posted a 23.1 percent rise to 13.43 billion yen in group net profit for the year to February.

The company said it has benefitted from effective advertising, streamlined distribution systems and overseas production. 0048 GMT **MITSUI UP AFTER WINNING SAUDI ARABIA PROJECT ORDER**

Mitsui & Co., Japan's second-biggest trading house, gains 2.1 percent to 2,150 yen after the company said it won a 90 billion yen ($764 million) order together with a group of companies for a railway construction project in Saudi Arabia. [ID:nT202162]

Mitsui said it is teaming up with Al Rashid Trading & Contracting Co. of Saudi Arabia and Australia's Barclay Mowlem to build an 818-km (508-mile) portion of the North-South Railway, which is being built to move mineral traffic from Saudi Arabia's interior to an industrial complex to be built on the Gulf coast. 0025 GMT (For IPO news, data and diary, click)

 


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