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Japan Hot Stocks-Mizuho, Anges MG, Kinugawa Rubber

TOKYO, Sept 30 (Reuters) - The following stocks are on the move on Monday. **MIZUHO , BANKS DOWN AS YANAGISAWA LIKELY TO STAY**

Mizuho Holdings Inc and its peers extended morning losses after comments by Financial Services Minister Hakuo Yanagisawa which implied that he may not be replaced when Prime Minister Junichiro Koizumi announces a new cabinet line-up on Monday.

Market participants had expected an exit of Yanagisawa, who has been opposed to using public funds to shore up banks' capital, would signal that Japan is ready to shift policy gears and take bold action to clean up its ailing banks.

Mizuho, the world's biggest banking group by assets, down 5.23 percent at 272,000 yen after rising 13 percent in the past two sessions. UFJ Holdings Inc , Japan's third-biggest bank, down five percent at 304,000. 0450 GMT **ANGES UP 11 PERCENT, TOUCHES 500,000 YEN**

AnGes MG Inc, Japan's first human genome-based drug venture, up 10.67 percent or 48,000 yen at 498,000, now 2.2 times above its initial offering price of 220,000 in only its fourth day of trade since debuting on the Tokyo Stock Exchange last Wednesday.

It earlier hit an all-time high of 500,000 yen.

Formed by a group of Osaka University researchers, AnGes is developing a gene-based drug to treat ischemic diseases associated with arteriosclerosis. It aims to put its first product on the market in 2005, but doubts remain since there is no guarantee its drug will be successfully commercialised.

"I think the market is overreacting," said Hiroshi Sakakura, senior analyst at Mitsubishi Securities. "This is a very risky business and institutional investors are wary of this stock. I'm quite doubtful (Anges) will hit the market by 2005." 0430 GMT **KINUGAWA RUBBER SOARS AFTER UPPING PROFIT FORECAST**

Kinugawa Rubber Industrial Co Ltd up 19.35 percent at 74 yen, the highest percentage gainer on the first section of the Tokyo bourse.

The car-parts maker affiliated with Nissan Motor Co Ltd on Friday upped its group net profit forecast for the year to March 31, 2003 to 300 million yen ($2.44 million) from 250 million yen. 0151 GMT **FUJITSU GENERAL DOWN AFTER LOSS WARNING**

Fujitsu General Ltd down 10.4 percent at 224 yen.

The consumer electronics maker affiliated with Fujitsu Ltd on Friday revised its group net profit forecast for the year to next March 31 to a 3.5 billion yen loss from a profit of 2.6 billion yen. 0127 GMT **SKYMARK AIRLINES UP AFTER FORECASTING FIRST PROFIT**

Skymark Airlines Co Ltd up 10.64 percent at 104,000 yen after saying in an interview with Reuters on Friday that it expected to post its first profit next year.

The fledgling carrier also said it would issue new shares worth about three billion yen ($24.44 million) to investors including two-thirds of that to a unit of Germany's Commerzbank AG . 0107 GMT **TSUMURA AT 5-YR HIGH AFTER UPPING PROFIT FORECAST**

Chinese "kanpo" medicine manufacturer Tsumura & Co up 5.5 percent at 1,055, after hitting a five-year intraday high of 1,057 yen.

The company attracted buyers after on Friday it upped its group net profit forecast for the year to next March 31 to 6.8 billion yen from 5.5 billion yen. 0053 GMT **SEIYU DOWN AFTER SAYING IT MISLABELLED MEAT**

Seiyu Ltd down 5.68 percent at 414 yen, after the supermarket operator said on Friday it discovered two of its stores deliberately mislabelled imported pork and beef totaling 2,680 kilograms as domestic produce.

It said the two incidents were solely the idea of two meat department managers concerned. 0037 GMT **KENWOOD SOARS AFTER CAPITAL-BOOST PLANS**

Kenwood Corp up 20.88 percent at 111 yen, the highest percentage gainer on the first section of the Tokyo Stock Exchange.

Struggling Japanese audio electronics maker Kenwood said on Friday it would raise its capital by 27 billion yen ($220 million) through new shares and a debt-equity swap to erase negative net worth.

Kenwood said its liabilities exceeded assets by 17 billion yen at the end of March, and the capital increase would help improve its balance sheet.

It said it had asked its main bank, Asahi Bank, to swap its 25 billion yen worth of interest-bearing loans for Kenwood shares to boost capital. 0024 GMT **NTT DOCOMO DOWN AFTER REPORT OF LOWERED 3G TARGET**

NTT DoCoMo Inc down 2.31 percent at 211,000 yen, after the Nihon Keizai Shimbun reported on Saturday that Japan's top wireless carrier has slashed its third-generation (3G) subscriber target for the business year to next March by 70 percent to 400,000 because of sluggish uptake in the first half.

DoCoMo had said earlier in the month that it expected to lower the target for its 3G service, which offers face-to-face communication and faster data transmission speeds, but had not indicated by how much. 0010 GMT ($1=122.76 yen)