News Headline Summary

Pre-market Japanese stock news...

Sony Corp (6758)
- Co. unveiled its Xperia Z1 smartphone, aiming to differentiate the device from competitors by drawing on its strength in imaging technologies. (Nikkei)

Fuji Heavy Industries (7270 JT)
- Co. is heading for record domestic automobile output in the April-September half of FY 2013 of 309,000 units, which is an increase of 13% from the previous year. (Kyodo)
- Co. will double the number of Subaru XV Hybrids made at its Gunma plant to 2,000 units a month in response to brisk sales. (Nikkei)

Panasonic (6752 JT)
- Co. will release its first ultrahigh-definition TV known as 4K TV in Japan, US and Europe this year. (Nikkei)

Sharp (6753 JT)
- Co. is to boost production of home appliances in Indonesia. (Kyodo)

Toyota (7203 JT)
- US unit is to recall 235,000 vehicles which include Lexus and Highlander models. (Newswires)

Honda Motor Co. (7267 JT)
- Co. will trim the manufacturing costs for its revamped Fit subcompact by 20% through using more locally sourced parts and improving efficiency. (Nikkei)

SoftBank (9984 JT)
- Co. is expected to raise just over JPY 100bln this fiscal year by using its shares of Yahoo Japan Corp. (4689) in repo-like transactions. (Nikkei)

04 Sep 2013 - 23:34 - Equities - Source: Newswires/Nikkei/Kyodo

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