Japan Hot Stocks-Kawasaki Heavy, Ain Pharmaciez, Tokushima Bank

TOKYO, Nov 25 - The benchmark Nikkei average <.N225> rose 0.1 percent and the broader TOPIX <.TOPX> gained 0.2 percent on Wednesday.

The following stocks were on the move: **KAWASAKI HEAVY <7012.T> GAINS AFTER BROKERAGE UPGRADE**

Kawasaki Heavy Industries Ltd rose 4.5 percent to 211 yen, becoming one of the top contributors to the Nikkei 225, after Citigroup Global Markets hiked its rating on the firm to "buy/high risk" from "hold/high risk," citing prospects for strong profit growth in the business year starting next April.

"We believe consumer machinery earnings have bottomed thanks to aggressive fixed-cost reductions," wrote analyst Taku Ouchi.

He also cited expectations of steady growth in the rolling stock business over the next three years, lower materials costs, and a 13 billion yen profit boost on the completion of a pension deficit amortisation. 0503 GMT **AIN PHARMACIEZ <9627.T> RISES AFTER LIFTING FORECAST**

Ain Pharmaciez climbed 3.4 percent to 2,280 yen after the drugstore operator on Monday hiked its operating profit forecast for the six months ending Oct. 31, citing improved business at existing stores for its dispensing pharmacy division.

It lifted its operating profit forecast 21 percent to 2.8 billion yen and its net profit estimate 52 percent to 1.3 billion yen. 0355 GMT **TOKUSHIMA BANK <8561.T>, OTHER CREDITORS DOWN ON ANABUKI** Shares of Tokushima Bank Ltd and other lenders to Anabuki Construction fell after the unlisted builder filed for court protection from creditors with 140 billion yen in debt, the fifth-largest corporate failure in Japan this year.

Tokushima, which said it had about 2.6 billion yen worth of unsecured loans and other claims, fell 10.6 percent to 262 yen while Kagawa Bank Ltd <8556.T>, which estimated its unsecured exposure at 2.1 billion yen, fell 6.5 percent to 261 yen.

Shares of Aozora Bank Ltd <8304.T>, which said it had claims worth about 12.7 billion yen, fell 1.1 percent to 92 yen. 0200 GMT **CHIYODA <8185.T> AWASH WITH BUY ORDERS ON DIVIDEND FORECAST**

Shares of Chiyoda Co Ltd were untraded due to a glut of buy orders at 1,053 yen, up 10.5 percent from Tuesday's close, after the shoe retailer said it has doubled its full-year dividend forecast to 80 yen per share for the current financial year ending in February.

The company also said it plans to keep the payout at the same level for the next financial year. It paid 40 yen per share in the last financial year. 0137 GMT **DEVELOPERS DROP AFTER ANABUKI CONSTRUCTION FAILURE**

Daikyo Inc <8840.T> dropped 2.9 percent to 168 yen and shares of other apartment developers sank after unlisted Anabuki Construction went under in Japan's fifth-biggest corporate failure this year, showing the severe situation the country's real estate market is in.

Anabuki, which filed for corporate rehabilitation proceedings with debts totaling about 140 billion yen, said it was hurt by a sharp fall in profitability amid slow apartment sales, and higher land and construction prices.

Shares of Takara Leben <8897.T> lost 5 percent and the real estate sector's subindex <.IRLTY.T> was down 2.2 percent, becoming one of the biggest losers among the Tokyo bourse's 33 sub-indexes. 0152 GMT **BANKS FALL AMID WORRIES ABOUT MORE FUNDRAISINGS**

Shares of banks fell, after a brief bounce, on persistent fears they will have to tap the market for equity financing after Mitsubishi UFJ Financial Group <8306.T>, Japan's largest bank, last week announced a large fundraising.

MUFG slipped 1.1 percent to 453 yen, while No. 3 bank Sumitomo Mitsui Financial Group <8316.T> retreated 0.7 percent to 2,670 yen.

0118 GMT **KYOWA HAKKO KIRIN <4151.T> UP ON REPORT OF UPBEAT EARNINGS**

Kyowa Hakko Kirin gained 1.7 percent to 954 yen after the Nikkei business daily reported the company's chemicals segment will likely return to profitability on an operating basis in the October-December period due to a recovery in exports to China. 0055 GMT **NISHIMATSUYA <7545.T> FALLS AFTER SHARP SALES DECLINE**

Nishimatsuya Chain Co Ltd fell 1.9 percent to 778 yen after the child apparel retailer said same-store sales fell 12.1 percent for the around 30-day period that ended on Nov 20, hit by weak sales of winter clothing. 0038 GMT **SHIPPERS SLIP AFTER KEY FREIGHT INDEX EXTENDS FALL**

Shares of shipping firms fell after the Baltic Exchange's main sea freight index <.BADI>, which tracks rates to ship dry commodities, fell further on Tuesday as weak demand for hiring bigger capesize ships hurt sentiment. [ID:nGEE5AN2KL]

Nippon Yusen KK <9101.T> fell 1.7 percent to 284 yen, while Mitsui O.S.K. Lines Ltd <9104.T> declined 1.6 percent to 498 yen. 0024 GMT ((aiko.hayashi@thomsonreuters.com; Reuters Messaging: aiko.hayashi.reuters.com@reuters.net; +81 3 6441 1802)) ((If you have a query or comment on this story send an email to news.feedback.asia@thomsonreuters.com)) ((Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit http://topnews.session.rservices.com * BridgeStation: view story .134 * Reuters Plus: from your WebDSS screen For more information on Top News, visit http://topnews.reuters.com))