TOKYO, Sept 7 (Reuters) - The benchmark Nikkei average rose 1 percent and the broader Topix gained 0.8 percent on Monday.
The following stocks were on the move:
**PIXELA SOARS ON PLANNED LAUNCH OF DIGITAL TV TUNERS**
Pixela Corp spiked 37 percent or by its daily limit of 80 yen to 298 yen after the electronics maker said it planned to start selling TV tuners for terrestrial digital broadcasting through Aeon Co Ltd, Japan's second-largest retailer.
The tuners, which enable conventional analogue TV sets to receive terrestrial digital broadcasting signals, will sell for 4,980 yen, or roughly half the price of competing products.
Terrestrial digital broadcasting is set to replace analogue broadcasting in Japan in July 2011.
Pixela said it expected sales of its new tuners to come to 1.3 billion yen in the year to September 2010, or one quarter of its total estimated revenues for the year ending this month.
0200 GMT
**JAPAN STEEL WORKS HIGHER ON CHINA NUCLEAR DEMAND REPORT**
Japan Steel Works Ltd, which has an 80 percent global market share of parts used in reactor pressure vessels, rose 5.8 percent to 1,148 yen after Bloomberg reported the company had more than doubled its forecasts for China's nuclear plant construction.
The company, in which French reactor maker Areva holds a small stake, expects China to build about 22 reactors in the five years ending in 2010 and 132 units thereafter, compared to its estimate last year for a total 60 reactors, Bloomberg reported.
But a Japan Steel Works' spokesman said strong demand would not immediately translate into higher sales as its reactor production facility has been fully booked untill 2016.
200GMT
**M'BISHI MOTORS ADVANCES ON TIE-UP WITH PEUGEOT**
Shares of Mitsubishi Motors Corp advanced 1.2 percent to 163 yen after the carmaker said it has formally signed a contract for a previously announced tie-up with France's Peugeot-Citroen on electric vehicles.
Under the contract, Mitsubishi Motors will supply electric cars to Peugeot-Citroen. Peugeot-Citroen will start selling the cars in Europe under its brand name by the end of 2010, Mitsubishi Motors said in a statement.
A Peugeot-Citroen spokesman said it aims to sell 25,000 of the vehicles annually.
0145 GMT
**S'TOMO METAL MINING UP ON REPORT OF HIGHER PROFITS**
Shares of Sumitomo Metal Mining Co rose 2.2 percent to 1,500 yen after the Nikkei newspaper said it would likely post a recurring profit of more than 50 billion yen for the year to March 2010, far better than the company's projection of 11 billion yen.
The nonferrous metals smelter is expected to benefit from rising prices for nickel, copper and gold, as well as a recovery in demand for electronics materials, the Nikkei reported in its Saturday edition.
0054 GMT
**EXPORTERS RISE ON WEAKER YEN**
Exporters rose on hopes for better overseas profits as the yen fell against the dollar and other major currencies.
Electronics giant Sony Corp gained 2.1 percent to 2,475 yen, Tokyo Electron, the world's second-largest chip equipment maker, climbed 2.2 percent to 5,030 yen and Advantest Corp, the world's No.2 maker of chip testing machines, jumped 2.6 percent to 2,335 yen.
Shares of Toyota Motor Corp, the world's largest carmaker, were up 1 percent to 3,890 yen.
0042 GMT
**TOKYO DOME DOWN AFTER CUTTING PROFIT ESTIMATE**
Tokyo Dome Corp fell 2.2 percent to 270 yen after the operator of a baseball stadium and amusement facility said its first-half operating profit was likely to be 21 percent below its previous estimate, hit by weak sales at its hotel business.
The company said it now expects a 4.5 billion yen operating profit for the six months ended in July, down from 5.7 billion yen in its previous forecast.
0007 GMT
(For IPO news, data and diary, click, for stocks click)
(Reporting by Taiga Uranaka)
((taiga.uranaka@thomsonreuters.com; +81-3-6441-1813; Reuters Messaging: taiga.uranaka.reuters.com@reuters.net))
((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: MARKETS JAPAN STOCKS HOT Keywords: MARKETS JAPAN STOCKS HOT Keywords: MARKETS JAPAN STOCKS HOT (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) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The following stocks were on the move:
**PIXELA SOARS ON PLANNED LAUNCH OF DIGITAL TV TUNERS**
Pixela Corp spiked 37 percent or by its daily limit of 80 yen to 298 yen after the electronics maker said it planned to start selling TV tuners for terrestrial digital broadcasting through Aeon Co Ltd, Japan's second-largest retailer.
The tuners, which enable conventional analogue TV sets to receive terrestrial digital broadcasting signals, will sell for 4,980 yen, or roughly half the price of competing products.
Terrestrial digital broadcasting is set to replace analogue broadcasting in Japan in July 2011.
Pixela said it expected sales of its new tuners to come to 1.3 billion yen in the year to September 2010, or one quarter of its total estimated revenues for the year ending this month.
0200 GMT
**JAPAN STEEL WORKS HIGHER ON CHINA NUCLEAR DEMAND REPORT**
Japan Steel Works Ltd, which has an 80 percent global market share of parts used in reactor pressure vessels, rose 5.8 percent to 1,148 yen after Bloomberg reported the company had more than doubled its forecasts for China's nuclear plant construction.
The company, in which French reactor maker Areva holds a small stake, expects China to build about 22 reactors in the five years ending in 2010 and 132 units thereafter, compared to its estimate last year for a total 60 reactors, Bloomberg reported.
But a Japan Steel Works' spokesman said strong demand would not immediately translate into higher sales as its reactor production facility has been fully booked untill 2016.
200GMT
**M'BISHI MOTORS ADVANCES ON TIE-UP WITH PEUGEOT**
Shares of Mitsubishi Motors Corp advanced 1.2 percent to 163 yen after the carmaker said it has formally signed a contract for a previously announced tie-up with France's Peugeot-Citroen on electric vehicles.
Under the contract, Mitsubishi Motors will supply electric cars to Peugeot-Citroen. Peugeot-Citroen will start selling the cars in Europe under its brand name by the end of 2010, Mitsubishi Motors said in a statement.
A Peugeot-Citroen spokesman said it aims to sell 25,000 of the vehicles annually.
0145 GMT
**S'TOMO METAL MINING UP ON REPORT OF HIGHER PROFITS**
Shares of Sumitomo Metal Mining Co rose 2.2 percent to 1,500 yen after the Nikkei newspaper said it would likely post a recurring profit of more than 50 billion yen for the year to March 2010, far better than the company's projection of 11 billion yen.
The nonferrous metals smelter is expected to benefit from rising prices for nickel, copper and gold, as well as a recovery in demand for electronics materials, the Nikkei reported in its Saturday edition.
0054 GMT
**EXPORTERS RISE ON WEAKER YEN**
Exporters rose on hopes for better overseas profits as the yen fell against the dollar and other major currencies.
Electronics giant Sony Corp gained 2.1 percent to 2,475 yen, Tokyo Electron, the world's second-largest chip equipment maker, climbed 2.2 percent to 5,030 yen and Advantest Corp, the world's No.2 maker of chip testing machines, jumped 2.6 percent to 2,335 yen.
Shares of Toyota Motor Corp, the world's largest carmaker, were up 1 percent to 3,890 yen.
0042 GMT
**TOKYO DOME DOWN AFTER CUTTING PROFIT ESTIMATE**
Tokyo Dome Corp fell 2.2 percent to 270 yen after the operator of a baseball stadium and amusement facility said its first-half operating profit was likely to be 21 percent below its previous estimate, hit by weak sales at its hotel business.
The company said it now expects a 4.5 billion yen operating profit for the six months ended in July, down from 5.7 billion yen in its previous forecast.
0007 GMT
(For IPO news, data and diary, click, for stocks click)
(Reporting by Taiga Uranaka)
((taiga.uranaka@thomsonreuters.com; +81-3-6441-1813; Reuters Messaging: taiga.uranaka.reuters.com@reuters.net))
((If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com)) Keywords: MARKETS JAPAN STOCKS HOT Keywords: MARKETS JAPAN STOCKS HOT Keywords: MARKETS JAPAN STOCKS HOT (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) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
