Japan Brokerage, Shipping Shares Gain on Profit Outlook; Mitsubishi Falls

(Bloomberg) -- Shares of Japanese securities
companies and shipping line operators jumped, led by Nomura
Holdings Inc. and Nippon Yusen K.K., after profits boosted
investor confidence.

Nomura had its biggest gain in almost five years after first
quarter profit almost quadrupled. Nippon Yusen rose to a record
after the company boosted its profit forecast during the mid-day
break. Honda Motor Co. also jumped after lifting its profit
outlook.


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