Tranche Update on Fukoku Co.,Ltd.'s Equity Buyback Plan announced on February 28, 2017.
March 28, 2017
Share
From February 28, 2017 to March 1, 2017, the company has repurchased 124,700 shares, representing 0.75% for ¥118.47 million. With this, the company has completed the repurchase of 124,700 shares, representing 0.75% for ¥118.47 million under the buyback announced on February 28, 2017.
Fukoku Co., Ltd. operates in five business segments, including Functional Products, Anti-vibration, Medal Processing, Hoses and New business. The Functional Products segment manufactures and sells seal components and wiper blade rubber products. The Anti-vibration segment manufactures and sells dampers and mounts. The Medal Processing segment is engaged in the manufacture and sale of medal components for truck and construction machinery use. The Hoses segment is involved in the manufacture and sale of rubber products, such as hoses. The New segment manufactures and sells office automation, medical care, motors and urethane products.