HIKARI TSUSHIN, INC. : Announcement Regarding Determination of Matters Related to Share Repurchase
July 03, 2013 at 04:08 pm EDT
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Press Release
July 1, 2013
HIKARI TSUSHIN, INC. (TSE First Section 9435) Takeshi Tamamura, President and COO Tel : +81-3-5951-3718
Announcement Regarding Determination of Matters Related to Share Repurchase
(Repurchase of Company Shares Pursuant to the Articles of Incorporation and the provisions of Article 165, Paragraph 2 of the Corporate Law)
Hikari Tsushin, Inc. announced that its board of directors resolved at a meeting under the date of June 1, 2013 that the Company will acquire the Company's own shares of its stock as provided by its Article 156 of the Corporate Law of Japan as applied pursuant to Article 165, Paragraph 3 as follows:
Content of the matters concerning the acquisition
Note
The company's treasury stock holdings as of June 28, 2013
Total number of shares (excluding treasury stock) 47,512,011 shares
Shares held as treasury stock 5,828,631 shares
Hikari Tsushin Inc is a holding company mainly engaged in the corporate service business, personal service business, and agency sales business. The Company operates through three business segments. The Corporate Service segment is engaged in the sale of products planned and developed in-house, such as communication line services, electric power, and various systems, to small and medium-sized enterprises. The Personal Service segment mainly sells products planned and developed in-house, such as communication line services and home water distribution, to individuals. The Agency Sales segment is engaged in the sale of various products such as telecommunications carriers, insurance companies, and manufacturers.
HIKARI TSUSHIN, INC. 
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