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Japan Hot Stocks-Banks up after package, Toyota up on results

TOKYO, Oct 31 (Reuters) - The following stocks are on the move on Thursday. **BANK STOCKS UP AS HARD LANDING SCENARIO RECEDES**

Bank stocks up after the government's anti-deflation package, released after the close of trade on Wednesday, called for accelerated bad loan disposal from banks but shied away from putting a time target on the implementation of one key provision.

The report failed to give a specific timeframe for a step to limit the amount of deferred tax assets, a kind of tax break, used by banks as part of their capital base. That could have hurt many banks' capital and opened the way for public funds.

UFJ Holdings Inc up 8.0 percent at 189,000 yen, extending the previous session's 13 percent climb. Mizuho Holdings Inc up 6.29 percent at 186,000 yen, and Sumitomo Mitsui Banking Corp up 6.02 percent at 528 yen. 0017 GMT

**TOYOTA UP 3.21 PERCENT AFTER RECORD H1 PROFIT** Japan's top automaker Toyota Motor Corp up 3.21 percent at 3,050 yen after posting record operating profit for first half on healthy North American sales, cost cutting and a softer yen.

Group operating profit surged 44 percent for April-September to 730.83 billion yen ($5.94 billion), Toyota said after the close on Wednesday, exceeding market consensus of around 630 billion yen.

Toyota does not give full-year group forecasts. But it repeated its aim to surpass last year's record operating profit of 1.12 trillion yen, and raised its parent net profit forecast for the year to March to 590 billion yen from 550 billion yen. 0006 GMT ($1=122.93 Yen)