Tranche Update on Chiyoda Integre Co.,Ltd.'s Equity Buyback Plan announced on April 13, 2023.
November 15, 2023 at 01:00 am EST
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From October 1, 2023 to November 14, 2023, the company has repurchased 70,000 shares, representing 0.64% for ¥197.98 million. With this, the company has completed the repurchase of 500,000 shares, representing 4.45% for ¥1,231.79 million under the buyback announced on April 13, 2023.
CHIYODA INTEGRE CO.,LTD. is a Japan-based company mainly engaged in the production and sale of mechanical parts and functional parts. The Company operates through three regional segments including Japan, Southeast Asia and China. The Company is mainly engaged in the manufacture of mechanical and functional parts for office automation (OA) equipment, audio and video (AV) equipment, communication equipment, automobiles and other products, and the sale of products mainly to electric manufacturers, as well as the sale of raw materials to subsidiaries, and the provision of royalties. The Company is also engaged in the reception of orders mainly from manufacturers of handicrafts and accessories, and the process and sale of felt products through a subsidiary.