TOKYO, June 3 (Reuters) - The following stocks are on the move on Monday. **SOTEC UP BY LIMIT, SAYS TO TIE WITH SONY**
Sotec Co Ltd ended at 209,000 yen, up by its daily 30,000 yen limit or 16.76 percent, after the company said its future PCs would be compatible with Sony Corp's Memory Stick.
The Memory Stick is a chewing gum-size device that stores music, digital images and other data.
Sony down 0.83 percent or 60 yen at 7,140. 0600 GMT
**STEELMAKERS UP ON HOPES OF PRICE RISE**
Shares in steelmakers were up on Monday on hopes that a rise in sheet steel prices would boost their profits, traders said.
Nippon Steel Corp , the world's second biggest steelmaker, and NKK Corp , Japan's second-largest steelmaker, both said on Friday they wanted to charge domestic automakers more for sheet steel.
Separately, the Nihon Keizai Shimbun said on Monday that NKK and Kawasaki Steel will consolidate production of construction materials and steel plate, while accelerating cost-cutting ahead of their business integration in September.
Nippon Steel up 2.48 percent or 5 yen at 207 yen. Kawasaki up 3.8 percent or 6 yen at 164 yen and NKK unchanged at 120 yen. 0110 GMT
**BREWERIES DOWN ON INTENSIFYING COMPETITION**
Japan's largest domestic brewer, Asahi Breweries Ltd down 3.47 percent or 41 yen at 1,142 yen. Kirin Brewery Co Ltd down 4.59 percent or 47 yen at 977 yen.
Nikko Salomon Smith Barney said on Monday it had lowered its rating on Kirin to "4H", or "underperform/high risk", from "3H", and set a target price of 810 yen on the stock.
The brokerage cited the sliding market share of Kirin's low-malt beer "Tanrei," and intensifying price competition from rivals such as Asahi for the downgrade.
Asahi recently said it would cut the price of its "Honnama" low-malt beer by 10 yen to 135 yen per 350 ml can. This followed a similar move by third-ranked Sapporo Breweries Ltd , igniting concerns of a full-blown price war, analysts say. 0520 GMT **FAST RETAILING DOWN AHEAD OF SALES DATA**
Fast Retailing Co Ltd, Japan's top casual-wear retailer, down 150 yen or 4.48 percent at 3,200, compared with a 0.90 percent rise in the TOPIX index .
Retreating from a four-month closing high of 3,350, the stock suffered from a shift in investor focus to upcoming sales data for May, which a company spokesman said is to be announced after the market closes on Tuesday.
Fast Retailing's same-store sales plunged 42.9 percent in April from a year earlier, marking the fourth straight month of declines of over 30 percent. It was the largest slump since the cut-price retailer began compiling figures. 0440 GMT **DAIWA CONSTRUCTION UP ON DEBT WAIVER**
Daiwa Construction Co Ltd up 55.56 percent or 30 yen at 84 after the struggling builder said on Friday the state-backed bad debt manager, Resolution and Collection Corp, and Dia Kensetsu Co Ltd would forgive debts of 14.5 billion yen ($116.7 million).
Dia Kensetsu, which owns 27 percent of Daiwa, up 4.88 percent at 215 yen. On Friday, Daiwa announced a group net loss of 14.72 billion yen for 2001/02 and forecast a profit of 14.37 billion for the current year despite a forecast of a drop in sales. 0415 GMT **YAMATO TRANSPORT HITS 10-MONTH HIGH, CSFB UPGRADES**
Yamato Transport Co Ltd, Japan's top parcel delivery firm, up 55 yen or 2.24 percent at 2,505, compared with a 0.87 percent rise in the Nikkei average.
The stock earlier hit a 10-month high of 2,540 yen.
Credit Suisse First Boston raised its target price to 2,900 yen from 2,600, citing the company's advanced position in Japan's transport sector after it doubled the number of branches and installed a new computer system while cutting costs aggressively. 0353 GMT
**BANKS UP WITH MARKET, HOPES FOR ECONOMIC RECOVERY**
Mitsubishi Tokyo Financial Group Inc up 5.7 percent at 1.02 million yen, helping the sector subindex put on 3.27 percent.
Investors are hoping a pick-up in the domestic economy will help ease Japanese banks' massive bad-loan problem, traders said. Q1 GDP data to be unveiled on Friday should back up the view that the economy has hit bottom, economists have said.
"We expect the banking sector will continue to show upward momentum, not because the fundamental position at the banks has improved at all, but in the absence of any fresh bad news," said Brian Waterhouse, analyst at HSBC Securities.
"I think there is a fair amount of dealing going on. There has been some foreign buying, just edging up positions a little bit."
UFJ Holdings Inc , however, fell 0.27 percent to 369,000 yen. A huge spike in bad debt at Japan's smallest megabank in 2001/02 when it unveiled earnings in May led to a number of analyst downgrades on UFJ's stock. 0150 GMT
**KDDI HITS 10-MTH HIGH ON BRIGHT SALES OUTLOOK**
KDDI Corp up 9.5 percent or 42,000 yen at 484,000, after jumping by its daily-limit of 50,000 yen at one point to a 10-month high of 492,000 yen. By comparison, the communications sector subindex was up 0.57 percent.
"Compared to NTT DoCoMo Inc , KDDI's sales growth in mobile services is looking strong and attracting investors," said Norihiro Fujito, senior strategist at Kokusai Securities.
Daiwa Securities, Japan's second-largest brokerage, said on Monday it had added KDDI to its recommended portfolio for individual investors, citing brisk sales of mobile services and an undervalued share price. 0100 GMT **NISSAN , PEERS UP AFTER YEN STABILISES**
Nissan Motor Co Ltd, Japan's third-biggest automaker, bid-only at 901 yen, up 20 yen or 2.27 percent.
Concerns that a further rise in the yen could eat into exporter earnings hit Nissan, which lost almost nine percent in its past three-day losing streak, and its peers last week.
But given the Japanese authorities' strong desire to prevent a surging yen from hurting exporters, as shown by repeated market intervention on Friday, the Japanese currency has stabilised.
The dollar was around 124.45 yen early Monday morning after hitting a six-month low of 122.82 yen last Thursday.
Nissan's bigger rival Honda Motor Co Ltd was up 90 yen or 1.7 percent at 5,390. 0012 GMT