Tranche Update on Kyokuto Co., Ltd.'s Equity Buyback Plan announced on June 1, 2017.
June 02, 2017 at 07:05 am IST
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From June 1, 2017 to June 2, 2017, the company has repurchased 280,000 shares, representing 5.05% for ¥163.52 million. With this, the company has completed the repurchase of 280,000 shares, representing 5.05% for ¥163.52 million under the buyback announced on June 1, 2017.
Kyokuto Co., Ltd. is a Japan-based company mainly engaged in the home cleaning business. The Company is engaged in the provision of dry cleaning, laundry and products sale services. The dry cleaning service is engaged in the provision of cleaning services by mixing ozone with petroleum solvent for products that are made of wool, silk, some synthetic fibers and other materials that cannot use water. The laundry service is engaged in the provision of cleaning services by warm water and washing equipment for products that are made of cotton, linen, some synthetic fibers and other materials. The products sale service is engaged in the sale of promotional products to the stores, as well as the provision of special member services. The Company operates through directly managed stores, quasi directly managed stores and agent stores.
KYOKUTO CO., LTD. 
