Tranche Update on Mirai Industry Co.,Ltd.'s Equity Buyback Plan announced on May 13, 2019.
May 14, 2019 at 02:30 am
Share
From May 13, 2019 to May 14, 2019, the company has repurchased 6,000,000 shares, representing 25% for ¥12,774 million. With this, the company has completed the repurchase of 6,000,000 shares, representing 25% for ¥12,774 million under the buyback announced on May 13, 2019.
MIRAI INDUSTRY CO., LTD. is a Japan-based company mainly engaged in electric and pipe materials business. The Company operates in two business segments. The Electric and Pipe Materials segment is engaged in the manufacture and sale of electric wires, tubes and accessories, wiring boxes, resin tubes for water and hot water supply, and accessories, as well as the provision of flooring work. The Wiring Accessories segment is engaged in the manufacture and sale of switches, sockets and others. The others business is engaged in the manufacture and sale of work saving equipment, molding dies and resin raw materials, the transportation business, the construction business, the telecommunication business, as well as the cable television (TV) business, among others.