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orfinancial 2011/12 on Thursday after restoring production morequickly than expected from a post-quake setback, CEO CarlosGhosn told a Thomson Reuters Newsmaker event.
-- Sekisui House Ltd
Sekisui, Japan's largest home builder buy christian louboutin sneaker , is likely to lift itsannual profit forecast on robust demand for eco-friendly andquake-proof houses following the March 11 earthquake andtsunami, the company's chief executive said.
-- Seven & I
Seven & I said on Wednesday it is likely to raise itsfull-year profit forecast given stronger-than-expected salesgrowth after the March disaster.
-- Nippon Steel Corp
Nippon Steel and its customers in the electronics industryhave agreed on a roughly 18 percent increase in steel prices forthe April-September first half in light of higher raw materialsprices, the Nikkei reported.
-- Isuzu Motors Ltd on Wednesday projected thatgroup pretax profit will decline 9.3 percent to 80 billion yen ($996 million) for the year ending in March 2012, but the figurewas better than expected.
According to a median forecast by seven analysts polled byThomson Reuters Estimates, the company is seen posting 78.2billion in operating profit for the year.($1 = 80.315 Japanese Yen) (Reporting by Ayai Tomisawa; Editing by Michael Watson)
Japan's Nikkei stock average is set to skid on Friday after Wall Street fell sharply on worries about possible tough bank restrictions, while a stronger yen is likely to pressure exporters such as Sony Corp (6758.T).
Toyota Motor Corp (7203.T) will be in focus after it said on Thursday it would recall 2.3 million vehicles in the United States to fix potentially faulty accelerator pedals buy christian louboutin sneaker , broadening a recall that already ranged as its largest ever.
U.S. stocks suffered their worst one-day percentage drop since October after U.S. President Barack Obama proposed limiting how banks invest, saying they should no longer be allowed to own, sponsor or invest in hedge funds for proprietary profit.
Proprietary trading -- when a firm uses its own money to make bets on markets -- has been an engine of earnings for some major banks.
Analysts noted that while the proposal had originally been announced during Tokyo time on Thursday and some thought the U.S. reaction had been exaggerated, the Nikkei would still be hurt.
"There's a lot that's uncertain about this -- after all, it's still only a proposal. We have no idea what sort of law it would become, or even if it would pass buy christian louboutin sneaker ," said Hiroichi Nishi, general manager at the equity division of Nikko Cordial Securities.
"Given that the yen has strengthened a bit buy christian louboutin sneaker , a number of stocks -- including financials and high-tech shares -- will be vulnerable to downward pressure."
The dollar was down 0.1 percent against the yen at 90.37 yen.
Other market players said uncertainties about the proposal, and the approaching weekendnew york christian louboutin, meant investors were reluctant to hold many positions and were likely to close them out.
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