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Japan Hot Stocks-Shimano, Nissan, Sony, Hitachi

TOKYO, July 30 (Reuters) - The following stocks are on the move on Tuesday. **SHIMANO UP ON REVISED EARNINGS**

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 thrid-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