Tranche Update on Maezawa Kyuso Industries Co.,Ltd.'s Equity Buyback Plan announced on May 12, 2023.
November 13, 2023 at 02:00 am EST
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From October 1, 2023 to November 10, 2023, the company has repurchased 281,900 shares, representing 1.29% for ¥371.44 million. With this, the company has completed the repurchase of 821,800 shares, representing 3.76% for ¥999.99 million under the buyback announced on May 12, 2023.
MAEZAWA KYUSO INDUSTRIES CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of water supply equipment. The Company operates through three business segments. The Water Supply segment is engaged in the manufacture and sale of water supply devices such as saddle-equipped water faucets, stop cocks, various fittings, and water meters. The Housing Equipment segment is engaged in the manufacture and sale of hot water supply piping components, heating equipment components, and unitized hot water supply systems. The Product Sale segment is engaged in the sale of related products. The main products are water stopcocks with saddles, gate valves, top stopcocks, ball stopcocks for water supply, rotating headers, pressure reducing valves with hot water supply valves, pipes and other components. The Company is also engaged in the design, installation and sale of hot water supply systems, and the manufacture of standard products for water supply systems.
MAEZAWA KYUSO INDUSTRIES CO.,LTD. 
