Tranche Update on Ashimori Industry Co., Ltd.'s Equity Buyback Plan announced on November 9, 2017.
November 17, 2017 at 02:00 am EST
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From November 9, 2017 to November 17, 2017, the company has repurchased 50,000 shares, representing 0.83% for ¥160.55 million. With this, the company has completed the repurchase of 50,000 shares, representing 0.83% for ¥160.55 million under the buyback announced on November 9, 2017.
Ashimori Industry Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of automotive safety parts and functional products. The Company operates in two business segments. The Automotive Safety Parts segment is engaged in the manufacture and sale of automotive seat belts, air-bags, rear compartment covers, electric rear sunshades and others. The Functional Products segment is engaged in the provision of high capacity material fabrics, synthetic fiber ropes, narrow fabrics, fire hoses, fire hydrant hoses, industrial hoses, disaster prevention supplies, pipe repair hoses and construction work, and other related materials. The Company is also engaged in the real estate leasing business.