EM Systems Co., Ltd. announces an Equity Buyback for 600,000 shares, representing 0.81% of its issued share capital.
June 10, 2020 at 03:00 am EDT
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EM Systems Co., Ltd. (TSE:4820) announces an share repurchase program. Under the program, the company will repurchase 600,000 shares, representing 0.81% of the outstanding shares for ¥500 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment, and to enhance capital efficiency. The program will run until September 30, 2020. As of March 31, 2020, the company had 74,063,600 shares outstanding and 2,957,970 shares in treasury.
EM SYSTEMS CO.,LTD. is a Japan-based company mainly engaged in the dispensing system business and the medical system business. The Company operates through three business segments. Dispensing System and related business is engaged in the development and sale of systems for pharmacies, and the provision of ancillary supplies and maintenance services. Products include dispensing systems, network systems. Medical Systems and related business is engaged in the development and sale of medical office processing computer systems for clinics, and the provision of ancillary supplies and maintenance services. Medical system products are electronic medical record systems for clinics. Other business is engaged in the development and sale of systems and medical care and nursing cooperation solutions for nursing and welfare service providers, and the provision of maintenance services. It manages a gym PCPxLASANTE and a nursery school LaLa Kids, manages rental conference rooms, and runs pharmacies.
EM SYSTEMS CO., LTD. 
