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Japan Hot Stocks-Sony, Seiyu, Sankyo Aluminium

TOKYO, Feb 25 (Reuters) - The following stocks are on the move on Tuesday. **SONY , BLUE CHIPS DOWN AMID SECURITY CONCERNS**

Consumer electronics giant Sony Corp down 1.09 percent at 4,530 yen, falling with other blue chips after Tuesday's news that North Korea had test-fired a missile into the Sea of Japan.

Sony, the most active issue by value, earlier hit a 16-month low of 4,510 yen.

Toyota Motor Corp , Japan's biggest auto maker, down 1.91 percent at 2,820 yen and copier and camera maker Canon Inc down 1.62 percent at 4,260.

Analysts had been expecting them to fall anyway following a sharp decline on Wall Street and the dollar's drop to a one-month low of 117.55 yen in New York. 0158 GMT **SEIYU DOWN AFTER IT EXPANDS LOSS ESTIMATE**

Retailer Seiyu Ltd, an affiliate of Wal-Mart Stores Inc , down 35 yen or 11.48 percent at 270 yen.

Late on Monday, the company expanded its loss forecast for the year to end-February to 83 billion yen ($704 million), on a group basis, compared with a loss of 21 billion yen previously. After the warning, UBS Warburg cut its target price on the stock to 100 yen from 200 yen although it kepts its "reduce" rating. 0118 GMT **SANKYO ALUMINIUM UP ON INTEGRATION WITH TATEYAMA**

Sankyo Aluminium Industry Co Ltd up 4.86 percent at 151 yen after the aluminium sash maker announced on Monday that it and Tateyama Aluminium Industry Co Ltd would integrate under a holding company in December.

Sankyo said the move was aimed at cutting costs and boosting competitiveness amid poor demand for construction materials. The new company will aim to save 12 billion yen ($102 million) annually and shoot for pre-tax profit of 19 billion yen by the 2006/07 year.

Sankyo is forecasting a pre-tax profit of 8.00 billion yen for the current year to March.

Shares of Tateyama last traded at 150 yen, up 3.5 percent compared to its close of 145 yen on Friday last week. An illiquid issue, the stock did not trade on Monday. 0100 GMT **RIGHT ON UP AFTER IT RAISES EARNINGS FORECAST**

Right On Co Ltd, a casual wear retailer, up 99 yen or 8.53 percent at 1,260 yen, the biggest percentage gainer in the retail sector .

Late on Monday, the company raised its parent-only net profit forecast for the six months to February 20, 2003, to 1.45 billion yen ($12.3 million) from 750 million yen previously. 0043 GMT **PIONEER UP AFTER REPORT ON 03/04 EARNINGS ESTIMATE**

Pioneer Corp, the world's top maker of car audio equipment, up 80 yen or 3.24 percent at 2,550 yen, a nine-month high.

The Nihon Keizai Shimbun reported that Pioneer expects group operating profit to rise 32 percent to 45 billion yen ($382 million) in the next business year to March 2004 compared with its forecast for 34 billion yen this year.

Brisk demand for plasma-display televisions and car navigation systems will drive the profit growth, the newspaper said. 0031 GMT **SUMITOMO RUBBER UP ON STRONG EARNINGS***

Sumitomo Rubber Industries Ltd, Japan's third-largest tyremaker, up 14 yen or 3.02 percent at 478 yen, compared with a 1.03 percent fall in the TOPIX index .

Sumitomo, 10 percent owned by Goodyear Tire & Rubber Co , said on Monday it returned to the black in 2002 with a record group net profit on brisk exports to the United States and Asia, a weak yen, and cost cutting. 0020 GMT ($1=117.82 yen)