Tranche Update on Ichikawa Co., Ltd.'s Equity Buyback Plan announced on May 31, 2019.
July 12, 2019 at 07:00 am
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From May 31, 2019 to July 11, 2019, the company has repurchased 182,000 shares, representing 3.83% for ¥299.97 million. With this, the company has completed the repurchase of 182,000 shares, representing 3.83% for ¥299.97 million under the buyback announced on May 31, 2019.
ICHIKAWA CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of paper making products and industrial products. The Company operates through five business segments. The Paper Making Product (Japan, the Americans, Europe, and China) segment is mainly engaged in the manufacture and sale of paper making felts, paper making belts and slate felts. The Company distributes its products within the domestic market and to overseas markets, including the Americas, Europe and China. The Industrial Product segment is mainly engaged in the manufacture and sale of industrial felts and related industrial products. The Company is also engaged in the warehouse business.