Nagatanien Holdings Co.,Ltd. announces an Equity Buyback for 150,000 shares, representing 0.85% for ¥330 million.
September 04, 2020 at 08:00 am
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Nagatanien Holdings Co.,Ltd. (TSE:2899) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 0.85% of its share capital, at ¥2,200 per share for ¥330 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. As of March 31, 2020, the company had 17,677,492 shares outstanding (excluding treasury shares) and 1,461,211 shares in treasury.
NAGATANIEN HOLDINGS CO., LTD. is a Japan-based food manufacturer mainly engaged in the manufacture and sale of Japanese-style instant food, Western-style and Chinese-style instant food. The Company operates in three segments. The Domestic Food segment manufactures and sells Japanese-style instant food, Western-style and Chinese-style instant food. The Overseas Food segment mainly produces and sells freeze-dried food and noodles. The Food and Other segment is engaged in the manufacture and sale of confectionery products such as cream puffs, recruitment of restaurant franchise chains, guidance of member stores, production and sales of take-out sushi, and other businesses.
NAGATANIEN HOLDINGS CO.,LTD. 
