Tranche Update on JINUSHI Co.,Ltd.'s Equity Buyback Plan announced on August 10, 2023.
August 14, 2023 at 06:30 am IST
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From August 10, 2023 to August 14, 2023, the company has repurchased 1,843,000 shares, representing 10.08% for ¥3,499.86 million. With this, the company has completed the repurchase of 1,843,000 shares, representing 10.08% for ¥3,499.86 million under the buyback announced on August 10, 2023.
Jinushi Co Ltd is primarily engaged in real estate business. The Company operates in four business segments. The Real Estate Investment segment sells the real estate investments developed by the Company to funds, investors and others. It acquires lands, leases to tenants, and then sells to companies, individuals, private funds and real estate investment trusts as investment products that can bring stable profits. The Sublease, Lease and Fund Fees segment is engaged in sublease business, which rents lands from owners and then subleases to tenants, lease business, which leases properties owned by the Company to generate stable rental incomes, and fund fees business, which provides real estate management and others. The Planning and Brokerage segment provides consulting and real estate brokerage. The Others segment engages in overseas private finance initiative (PFI) business, management of golf courses and other entertainment business.
JINUSHI CO.,LTD. 
