Tranche Update on Kato Sangyo Co., Ltd.'s Equity Buyback Plan announced on February 12, 2021.
March 15, 2021 at 08:30 pm EDT
Share
From February 12, 2021 to March 15, 2021, the company has repurchased 1,000,000 shares, representing 2.81% for ¥3,152 million. With this, the company has completed the repurchase of 1,000,000 shares, representing 2.81% for ¥3,152 million under the buyback announced on February 12, 2021.
KATO SANGYO CO., LTD. is a Japan-based company mainly engaged in the food wholesale business. The Company operates through four business segments. The Room-Temperature Distribution segment is engaged in the wholesale of processed foods and confectionery. It also manufactures and processes some of the products for sale. The Liquor Distribution segment is engaged in the wholesale of liquor. The Low-Temperature Distribution segment is engaged in the wholesale of low-temperature foods. The Overseas segment is engaged in the wholesale of processed foods. The Company is also engaged in the provision of logistics business, insurance agency business, restaurant franchise business, and the management and operation of some overseas affiliates.