Japan Hot Stocks-Sumitomo Chemical, Arai-Gumi

Newswire

TOKYO, Aug 23 (Reuters) - The following stocks are on the move on Friday. **SUMITOMO CHEMICAL DOWN AFTER CUTTING FORECAST** Sumitomo Chemical Co down 2.7 percent or 13 yen at 469 after falling as low as 468 following the major chemical maker's announcement during afternoon trade that it had cut its group operating profit forecast for the current year. The company said it now expects an operating profit of 74 billion yen ($617.7 million) on sales of 1.09 trillion yen in the year to March ...

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