HIKARI TSUSHIN, INC. : Notice Concerning the Cancellation of Treasury Stock
August 09, 2013 at 02:17 am EDT
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Press Release
Aug 9, 2013
HIKARI TSUSHIN, INC. (TSE First Section 9435) Takeshi Tamamura, President and COO Tel : +81-3-5951-3718
Notice Concerning the Cancellation of Treasury Stock
Hikari Tsushin, Inc. announced that at the Board of Director's meeting held on August 9, 2013, pursuant to the provisions of Article 178 of the Corporation Law, it was resolved that the Company shall cancel its treasury stock from our long-term capital policy perspective as stated below.
Details of the Cancellation of Treasury Stock
(1) Class of shares to be cancelled : Common stock
(2) Number of shares to be cancelled : 4,000,000 shares
(7.50% of the total issued shares before cancellation) (3) Date of Cancellation : August 30, 2013
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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