Tranche Update on SECOM CO., LTD.'s Equity Buyback Plan announced on February 9, 2023.
June 01, 2023 at 11:30 am IST
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From April 1, 2023 to May 31, 2023, the company has repurchased 1,599,800 shares, representing 0.74% for ¥13,986.66 million. With this, the company has completed the repurchase of 2,986,000 shares, representing 1.39% for ¥24,999.42 million under the buyback announced on February 9, 2023.
Secom Co., Ltd. is No. 1 in Japan of safety services. Net sales break down by activity as follows:
- safety services (49.1%): installation and maintenance of electronic safety systems (primarily buildings access control systems, explosive control systems, electronic equipments of possessions and persons identification, anti-intrusion alarms), VIP protection, funds and valuable objects transportation, etc.;
- medical services (15.8%): home care services, medicines delivery services, sale of medical equipments, etc.;
- sale, installation and maintenance of protection against fire systems (12.4%);
- business process outsourcing and ICT services (10.3%) ;
- insurance services (5.3%): fire, automotive and health insurance;
- geospatial data broadcasting (4.7%);
- development and promotion of real estate assets (2.4%): primarily residential buildings with advanced safety systems.
Japan accounts for 96.1% of net sales.