Maruyama Mfg. Co., Inc. announces an Increase in Equity Buyback.
September 07, 2023
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On September 8, 2023, the company announced an increase in its equity buyback plan. The company increased its authorization by an additional amount of ¥100 million, thereby increasing the total plan term monetary value authorization to ¥300 million.
Maruyama MFG Co Inc is a Japan-based company mainly engaged in the manufacture and sale of agricultural and forestry machinery, industrial machinery and other machinery, as well as real estate leasing business. The Company operates through four business segments. The agriculture and forestry machinery segment is engaged in the manufacture and sale of power sprayers, power sprayers, large pest control machines, brush cutters and others. The industrial machinery segment is engaged in the manufacture and sale of industrial high-pressure pumps, high-pressure cleaners and ultra-fine bubble products. The other machinery segment is engaged in the manufacture and sale of fire extinguishers and disaster prevention equipment. The real estate leasing and others segment is engaged in the real estate leasing and power sales.