Tranche Update on Mitani Corporation's Equity Buyback Plan announced on November 10, 2016.
January 05, 2017
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From November 10, 2016 to December 31, 2016, the company has repurchased 113,100 shares, representing 0.43% for ¥345.87 million. With this, the company has completed the repurchase of 113,100 shares, representing 0.43% for ¥345.87 million under the buyback announced on November 10, 2016.
MITANI CORPORATION is a Japan-based manufacturing company. The Company operates in three business segments. The Information Systems-related segment is engaged in the sale of information systems equipment, the development of software, as well as the maintenance of equipment and devices. The Corporate Supply-related segment is engaged in the manufacture and sale of construction materials, petroleum products and liquefied petroleum (LP) gas products, the manufacture and sale of gondola machinery, wind power generation business, sales and processing of plastic products, processing and sales of spices, as well as the rental business. The Lifestyle and Regional Services-related segment is engaged in the provision of information communications services such as cable television and Internet provider services, the operation of nursing homes, car dealerships, the production and sales of ready-mixed concrete, gas station operations, sales of LP gas and housing equipment, among others.