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The following stocks were on the move:
**BANK SHARES DROP ON WORRIES AFTER CITI REVEALS JOB CUT PLAN**
Japanese bank shares slid as worries over the financial sector grew after Citigroup Inc on Monday revealed a drastic job cut plan in a move to restore the No. 2 U.S. bank.
Top lender Mitsubishi UFJ Financial Group, which is set to report results after the close, slid 2.6 percent to 570 yen.
Mizuho Financial Group declined 2.1 percent to 235,100 yen and Sumitomo Mitsui Financial Group fell 0.6 percent to 352,000 yen.
"Investors find it hard to invest in the financial sector unless signs emerge that the global economy has started to improve," said Kazuhiro Takahashi, a general manager at Daiwa Securities SMBC.
0124 GMT
**MITSUI CHEM SLIDES AFTER CREDIT SUISSE CUTS RATING**
Shares of Mitsui Chemicals Inc fell 6.3 percent to 314 yen after Credit Suisse cut its rating to "underperform" from "neutral", predicting profits will fall through the financial year to March 2011 due to weakness in its petrochemicals business.
Credit Suisse lowered its target price on Mitsui Chemical's stock to 260 yen from 520 yen.
0112 GMT
**TERUMO SLIDES AFTER DAIWA DOWNGRADE ON OUTLOOK UNCERTAINTY**
Terumo Corp slid 4.7 percent to 4,280 yen after Daiwa Institute of Research lowered its rating on the stock to "2" from "1", citing uncertainty over the growth outlook in emerging countries due the global economic downturn.
The brokerage revised down its full-year operating profit forecast for the medical equipment maker to 61.6 billion yen ($639 million) from a previous 72.7 billion yen. Terumo is forecasting 62 billion yen in operating profit for the year to March.
0050 GMT
**SUMITOMO CORP UP AFTER SILVER MINE AGREEMENT**
Sumitomo, Japan's third-biggest trading house, rose 1.5 percent to 819 yen, outperforming its peers, after saying on Monday that it has reached a basic agreement to buy Apex Silver Mines Ltd's interest in a Bolivian mine in a deal worth $22.5 million
0040 GMT
**ICHIYOSHI SEC AWASH WITH BUY ORDERS ON BUYBACK PLAN**
Shares of Ichiyoshi Securities Co Ltd were untraded due to a glut of buy orders at 647 yen, up 6.6 percent from Monday's close, after the brokerage said it would buy back up to 1.4 billion yen of its own shares, or 4.4 percent of its shares outstanding, between Nov. 18 and Dec. 19.
0019 GMT
**SUZUKI MOTOR CORP FALLS AFTER GM SAYS TO SELL STAKE**
Suzuki Motor shares fell 0.8 percent to 1,352 yen after saying on Monday that General Motors Corp will sell back its 3 percent stake in Suzuki for $232 million as the struggling U.S. automaker seeks to raise cash.
0003 GMT
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(Reporting by Aiko Hayashi)
((aiko.hayashi@thomsonreuters.com; Reuters Messaging:aiko.hayashi.reuters .com@reuters.net; +81 3 6441 1802))
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