TOKYO, July 30 (Reuters) - The following stocks are on the move on Tuesday. **MITSUBISHI ELECTRIC UP AFTER RETURNING TO BLACK**
Mitsubishi Electric Corp up 6.82 percent at 454 yen, after announcing during afternoon trade that group net profit for the April-June first quarter came in at 857 million yen after a loss of 11.1 billion in the same period last year.
The electronics maker said it sees six-month group net profit unchanged at six billion yen.
0445 GMT
**ORIX UP ON UPBEAT EARNINGS OUTLOOK**
Leasing company Orix Corp up 6.76 percent at 7,900 yen after announcing firm earnings for the first quarter and upbeat forecasts for the full year.
Orix reported a group net profit of 16.89 billion yen ($141.2 million) for April-June based on U.S. accounting standards, up 62 percent year-on-year. It forecast a net profit of 46.0 billion yen for the full year through next March, up from 40.27 billion yen earned in the previous year.
Investors began anticipating good figures on Monday, buying the shares back after a six-day losing streak during which they lost nearly 20 percent. Orix shares had lost 40 percent in value since the start of the year, a fall accelerated last month by a row with a Deutsche Securities analyst who questioned the firm's disclosure practices. 0135 GMT **FUJI TV UP, ANALYSTS PLEASED WITH PROFIT PLANS**
Fuji Television Network Inc up 51,000 yen or 7.79 percent at 706,000 yen after some brokerages, including Deutsche Securities, upgraded or affirmed their ratings after an analysts' meeting.
Deutsche said in a note to clients that Fuji TV told analysts the company saw parent-only recurring profit for the April-June period exceeding the company's planned profit for the half-year.
Fuji TV operates one of the most popular television channels in Tokyo, with celebrity talk shows and soap operas. 0335 GMT **PAPER MAKERS DOWN AS YEN COMES UNDER PRESSURE**
Japan's second-ranked paper maker, Oji Paper Co Ltd , down 4.69 percent at 610 yen as the yen comes under pressure.
Its bigger rival Nippon Unipac Holding down 3.64 percent at 662,000 yen.
Paper makers usually benefit from a strong yen because it lowers import costs of raw materials. The sector subindex was down 3.25 percent, compared with a 3.32 percent rise in the Nikkei average . 0140 GMT **SHIMANO UP ON REVISED EARNINGS OUTLOOK**
Shimano up 35 yen or 2.01 percent at 1,780 yen, building on its previous day's three percent gain. It earlier spiked as high as 1,790 yen, a high for the year.
Shimano, a leading manufacturer of bicycle parts as well as fishing equipment, raised its group profit outlook last week for this calendar year.
That prompted Nomura Securities and Daiwa Institute of Research to both upgrade their ratings on Shimano to "2" from "3", meaning the shares are now expected to outperform the TOPIX index by five to 15 percentage points over the next six months. 0130 GMT **NISSAN SOARS ON YEN, AHEAD OF Z SPORTS CAR LAUNCH**
Nissan Motor Co Ltd up 8.11 percent at 866 yen, the most actively traded issue by volume on Tokyo's main board.
A weakening in the yen helped boost Nissan, Japan's third-biggest automaker, and its peers. The transport equipment subindex soared 3.67 percent, compared with a 2.68 percent rise in the Nikkei average .
Investors also welcomed Tuesday's launch of its remodelled Z sports car. The Nihon Keizai Shimbun business daily reported on Tuesday that the model has already attracted over 9,000 advance orders in Japan and in the United States. 0100 GMT **TECHS BROADLY HIGHER THANKS TO WALL ST, YEN**
Technology issues broadly higher thanks to a strong rally on Wall Street and a weakening in the yen.
Sony Corp , the world's biggest consumer electronics maker, up 4.14 percent at 5,530 yen.
Sony hit an eight-month low of 5,210 yen two days before it announced healthy April-June earnings results last Thursday amid fears that the yen's export-crimping rise and deteriorating consumer sentiment in the United States after a stock market rout would hurt the company's profits.
Hitachi Ltd , Japan's biggest electronics maker, up 3.87 percent at 697 yen, while Toshiba Corp , Japan's biggest chip maker, up four percent at 468 yen.
Hitachi, Toshiba and another chip maker Mitsubishi Electric Corp , up 5.88 percent at 450, are due to announce their quarterly earnings later in the day. 0035 GMT **HONDA UP AFTER RECORD Q1 EARNINGS, SHARE BUYBACK**
Honda Motor Co Ltd up 3.39 percent at 5,190 yen.
Japan's second-largest automaker posted a record April-June group operating income at 170.82 billion yen, up 12.8 percent from a year earlier, fuelled by brisk U.S. sales of light trucks.
Honda also said it would buy back up to three million of its own shares, or up to 15 billion yen ($125.4 million) worth, between August 7 and October 25. 0007 GMT