Tranche Update on SAIBO Co., Ltd.'s Equity Buyback Plan announced on February 7, 2014.
February 10, 2014
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From February 7, 2014 to February 10, 2014, the company has repurchased 60,500 shares, representing 0.45% for ¥31.7 million. With this, the company has completed the repurchase of 60,500 shares, representing 0.45% for ¥31.7 million under the buyback announced on February 7, 2014.
Saibo Co., Ltd. is mainly engaged in the manufacture and sale of textile products, the leasing of real estate properties, as well as the operation of golf ranges. The Company operates in three business segments. The Textile segment manufactures and sells uniforms, clothing, promoting products, rayon yarns, synthetic yarns, hemp fabrics and embroidery lace, as well as yarn gluing. The Real Estate Utilization segment leases commercial facilities and other real estate, as well as operates building maintenance business. The Golf Ranges segment operates golf ranges. The others businesses include the sale of gift products, the sale of automatic watering flower pots and the greening of the houseplant rental business, the interior construction business, the management of Toyota Motor's sales agents, and the repair and maintenance of sheet metal painting for automobiles.