Tranche Update on Rhythm Watch Co., Ltd.'s Equity Buyback Plan announced on May 24, 2017.
January 05, 2018 at 01:00 pm IST
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From October 1, 2017 to December 31, 2017, the company has repurchased 162,100 shares, representing 0.17% for ¥380.68 million. With this, the company has completed the repurchase of 480,100 shares, representing 0.52% for ¥1,122.21 million under the buyback announced on May 24, 2017.
Rhythm Co Ltd, formerly Rhythm Watch Co Ltd, is a Japan-based company engaged in the clocks business, connection terminal business, precision business, and electronic business. The Company has four business segments. The Connection Terminal segment is engaged in the manufacture and sale of tab terminals, taping terminals, terminal blocks and others used in automobiles, solar power generation and home appliances. The Clock segment is engaged in the provision of clocks such as wall clocks, table clocks, alarm clocks, digital clocks, equipment clocks, clock movements, universal serial bus fans and disaster prevention administrative radios. The Electronic segment is engaged in the provision of electronic manufacturing services (EMS) for electronic devices, information related devices, in-vehicle devices. The Precision segment is engaged in the provision of precision parts for industrial equipment, optical equipment, office and communication equipment. It also operates logistics business.
RHYTHM CO.,LTD. 
