Japan Stocks: Asahi Glass, Furukawa, Mitsumi, Osaka Exchange

Nov. 7 (Bloomberg) -- Japan's Nikkei 225 Stock Average fell 48.76, or 0.6 percent, to 8,752.64 at the 11 a.m. trading break in Tokyo. The following are among the most active shares in the Japanese market today. Stock symbols are in parentheses after company names.

Asahi Glass Co. (5201 JT) lost 4.5 percent to 633 yen, heading for its lowest close since May 2009. The glass maker cut its full-year net-income outlook 22 percent to 90 billion yen ($1.15 billion) on a longer-than-expected slump in the liquid- crystal display market and floods in Thailand disrupting the supply chain.

Asics Corp. (7936 JT), a sporting-goods maker, plunged 11 percent to 965 yen, set for its biggest drop since October 2008. The company cut its full-year net-income forecast 19 percent to 11 billion yen, saying overseas subsidiaries may be hurt by the yen's appreciations.

DeNA Co. (2432 JT), a social-networking service provider, advanced 4 percent to 2,733 yen. The company agreed to buy the Yokohama BayStars baseball team from Tokyo Broadcasting System Holdings Inc., and said it will pay 9.5 billion yen for 66.9 percent of the club.

Furukawa Electric Co. (5801 JT), a cable maker, tumbled 10 percent to 195 yen. The company revised its full-year forecast to a loss of 5 billion yen from a 3 billion yen profit, citing losses from the stronger yen and flooding in Thailand.

Hirose Electric Co. (6806 JT), an electric-equipment maker, lost 4 percent to 6,990 yen. The company cut its full-year operating profit forecast 12 percent to 19.5 billion yen. It also trimmed its second-half dividend from 75 yen to 55 yen.

Kirin Holdings Co. (2503 JT) fell 2.9 percent to 943 yen, on course for its lowest close since March 2009. The beverage maker cut its full-year net-income forecast 48 percent to 27 billion yen. The company cited securities losses and impairment of fixed assets for its outlook.

Konami Corp. (9766 JT), a video-game developer, rose 3 percent to 2,572 yen, extending its 5.5 percent gain from its last close after lifting its net-income outlook 32 percent. Konami expects net income of 18.5 billion yen in the fiscal year ending March 31, compared with an earlier forecast of 14 billion yen, the company said before the market closed on Nov. 4.

Mitsumi Electric Co. (6767 JT), an electronic-parts maker, tumbled 14 percent to 525 yen. The company widened its forecast for a full-year loss to 10 billion yen from 6 billion yen. Mitsumi cited larger-than-expected declines in product prices and a stronger yen for the revised outlook.

NTN Corp. (6472 JT), a bearing maker, sank 4.4 percent to 324 yen. The company cut its full-year net-income forecast 20 percent to 14 billion yen after the yen strengthened and the value of its securities fell.

Oriental Land Co. (4661 JT), the operator of Tokyo Disney Resort, climbed 3.8 percent to 8,130 yen. The company forecast net income of 29.4 billion yen for the year ending March 31, compared with a 22.9 billion yen gain a year earlier.

Osaka Securities Exchange Co. (8697 JQ), Japan's second- biggest bourse, rallied 6.3 percent to 388,000 yen. It has entered final talks with Tokyo Stock Exchange Group Inc. to unite Japan's largest bourse operators next year, the Nikkei newspaper reported, without citing a source. Tokyo Stock Exchange said in a Japanese-language statement on its website that it had made no decision like that reported today. Osaka's bourse also said there was no decision.

Takeda Pharmaceutical Co. (4502 JT), the nation's biggest drugmaker, slipped 2 percent to 3,435 yen, set for the lowest close since April 2009. The company cut its full-year net-income forecast 31 percent to 170 billion yen, citing costs related to the 9.6 billion-euro ($13.2 billion) takeover of Swiss rival Nycomed and the yen's appreciation for the revised forecast.