Tranche Update on NIKKON Holdings Co.,Ltd.'s Equity Buyback Plan announced on May 13, 2022.
October 03, 2022 at 01:00 am EDT
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From July 1, 2022 to September 30, 2022, the company has repurchased 650,800 shares, representing 1% for ¥1,513.04 million. With this, the company has completed the repurchase of 1,207,400 shares, representing 1.85% for ¥2,657 million under the buyback announced on May 13, 2022.
NIKKON Holdings Co., Ltd. mainly conducts transportation business, warehouse business, packing business, test business and others. The Company operates in four business segments. The Transportation segment is engaged in the transportation of four-wheeled vehicles, two-wheeled vehicles, automobile parts, housing equipment and agricultural machinery, among others. The Warehouse segment is engaged in the storage of four-wheeled vehicles, two-wheeled vehicles, automobile parts, housing equipment and agricultural machinery, among others. The Packing segment is engaged in the distributive processing, delivery and packing of cargoes. The Test segment is involved in the test of four-wheeled vehicles, two-wheeled vehicles, automobile parts, housing equipment and agricultural machinery, among others. The others businesses include the clearance of customs, the repair of vehicles, the sale of petrochemical products, the non-life insurance agency business and others.
NIKKON HOLDINGS CO.,LTD. 
