Tranche Update on Satori Electric Co., Ltd.'s Equity Buyback Plan announced on May 9, 2023.
June 06, 2023 at 08:30 pm EDT
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From May 9, 2023 to June 6, 2023, the company has repurchased 2,129,900 shares, representing 12.94% for ¥3,177.81 million. With this, the company has completed the repurchase of 2,129,900 shares, representing 12.94% for ¥3,177.81 million under the buyback announced on May 9, 2023.
KAGA ELECTRONICS CO.,LTD. is a Japan-based company mainly engaged in the sale of electronic components, semiconductors, Electronics Manufacturing Service (EMS), finished products such as personal computers (PC) and other peripheral devices. The Company operates through four business segments. The Electronic Components segment is involved in the development, manufacture and sale of semiconductors, general electronic components and EMS. The Information Equipment segment is involved in the sale of PC, PC peripherals, home appliances, photo and video related products and original brand products. The Software segment is involved in the production of computer graphics (CG) video, as well as the plan and development amusement-related products. The Other segment is involved in the repair and support of electronics equipment, the manufacture and sale of amusement equipment, as well as the sale of sports equipment.