TOKYO, June 21 (Reuters) - The following stocks are on the move on Friday. **DAINIPPON SCREEN DOWN ON APPLIED MATERIALS COMPETITION**
Dainippon Screen Manufacturing Co Ltd down 7.34 percent or 47 yen at 593, extending falls into a third session after Applied Materials Inc said it would enter the "wet clean" market for cleaning large-size silicon wafers.
"I think that Dainippon Screen's position in wet stations will be charged by Applied Materials," said Richard Kaye, analyst at Merill Lynch.
He said that about half of Dainippon's operating profit and 35 percent of its sales come from wet stations.
Applied Materials is the world's dominant maker of equipment used to build semiconductors.
Dainippon's stock has lost about 14 percent since Tuesday. 0545 GMT **JR EAST DOWN ON PROFIT-TAKING ON DELIVERY DATE**
East Japan Railway Co (JR East) down 3.44 percent or 20,000 yen at 561,000 as investors take profits on the delivery date for shares sold in Japan's top rail firm by the government.
The government sold its remaining 12.7 percent stake in JR East this week at 532,000 yen per share. Traders said individual investors in particular were locking in profits.
JR East's stock is expected to find support from its stable revenue structure and relative immunity to swings in external demand. One fund manager said he had bought JR East in the offering and planned to hold on to the share in an attempt to increase exposure to domestic-demand oriented issues. 0200 GMT
**OSG DOWN 12 PERCENT ON PROFIT FORECAST CUT** OSG Corp down 11.99 percent or 62 yen at 455 after the maker of precision cutting tools after the close on Thursday cut its earnings forecast for the business year to November 2002.
It was the biggest percentage decliner on the first section.
Citing poor demand due to the economic slump, OSG lowered its group sales estimate for the year to 51.7 billion yen ($419 million) from 57.20 billion, and cut its net profit forecast to 210 million yen from 3.60 billion. 0135 GMT **HONDA , AUTOS SOFT ON CONCERNS ABOUT U.S. SALES**
Honda Motor Co Ltd down 2.96 percent or 150 yen at 4,910, underlining weakness in the sector. Shares of Honda fell as low as 4,890 yen to draw close to its year-to-date low of 4,810 marked on February 20.
"The fear in the market now is that the U.S. economy will double-dip in the second-half, that weak stocks will hit consumer spending, and that sales of cars there will stall," said Atsushi Tajima, deputy general manager of equities at Kokusai Securities.
Honda, Japan's second-largest automaker, gets the bulk of its operating profit from North America.
Shares of major U.S. automakers fell on Thursday after Morgan Stanley cut its rating on the sector, warning of slower profit growth across the industry due to weaker demand and lower prices. 0125 GMT **CYBER MUSIC ASK-ONLY AFTER CANCELLING CB ISSUE**
Cyber Music Entertainment Inc ask-only with no buyers at 8,720 yen, 14 percent below Thursday's close of 10,120 yen.
Late on Thursday, the distributor of music on the Internet formerly called Liquid Audio Japan said it had cancelled a convertible bond issuance worth 990 million yen due in 2007.
A trader said the cancellation stoked concerns about the company's ability to procure funds. 0105 GMT
**SUMITOMO METAL MINING UP ON GOLD PRICE RISE**
Sumitomo Metal Mining Co Ltd, Japan's biggest gold and nickel producer, up 2.07 percent or 11 yen at 543, outperforming a 1.88 percent decline in the benchmark Nikkei average .
Sumitomo Metal's shares were snapped up on a rise in the price of gold as investors seek safe havens amid increasing unrest in the Middle East, a trader at a major brokerage said. 0050 GMT **SONY , TECHS WEAK AFTER NASDAQ HITS FRESH 2002 LOW**
Electronics giant Sony Corp down 3.34 percent or 210 yen at 6,070, underlining a retreat for major Japanese tech issues after the U.S. Nasdaq index slid 2.14 percent to its lowest close since September.
Electronics conglomerate Hitachi Ltd dropped 3.09 percent to 753 yen, drawing close to its 2002 low of 745 yen marked on February 7.
The electrical machinery sector subindex was off 2.18 percent. 0045 GMT
**SANDEN BID-ONLY AFTER HUGE ORDER FROM PEUGEOT**
Sanden Corp bid-only with no sellers at 425 yen, 40 yen or 10.4 percent above Thursday's close.
The world's second-largest maker of auto air-conditioner compressors said on Friday that it had received an order from France's PSA Peugeot Citroen for 10 million compressors through 2005.
The Nihon Keizai Shimbun business daily said the order would be worth 120 billion yen ($972 million). 0035 GMT **NTT DOCOMO , TELECOMS WEAK AFTER EUROPEAN PEERS SAG**
NTT DoCoMo Inc, Japan's dominant mobile phone operator, down 3.06 percent or 9,000 yen at 285,000, helping drive the communications sector subindex .
Japanese telecoms issues came under pressure after European mobile phone giant Vodafone led its peers south on Thursday, hurt by news that Finland's Nokia cut its second-half sales forecast amid slower-than-expected growth for both handsets and networks.
Shares in Nokia, the world's largest mobile phone maker, were unhurt since the company kept its profit forecast intact. 0015 GMT ($1=123.46 yen)