Tranche Update on Katakura Industries Co.,Ltd.'s Equity Buyback Plan announced on March 27, 2020.
January 14, 2021 at 02:00 am EST
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From October 1, 2020 to December 31, 2020, the company has repurchased 400,000 shares, representing 1.16% for ¥531.74 million. With this, the company has completed the repurchase of 954,400 shares, representing 2.75% for ¥1,148.34 million under the buyback announced on March 27, 2020.
Katakura Industries Co.,Ltd. is a Japan-based company mainly engaged in the real estate operation and leasing, as well as the manufacture and sale of mechanical maintenance products and auto parts. The Company operates through four business segments. The Textile segment is engaged in the manufacture and sale of underwear, socks, silk products, casual innerwear, adjusted underwear and functional fibers, as well as the brand licensing business. The Pharmaceutical segment manufactures and sells ethical drugs. The Machinery-Related segment manufactures and sells fire trucks, automobile parts, agricultural machinery and imports and sells petroleum products. The Real Estate segment operates shopping centers and rents real estate. The Company is also involved in the home improvement, building management services, sales of flower visiting insects, low potassium lettuce, production and sales of Hanabiratake and day services.