Tranche Update on HOTMAN Co., Ltd.'s Equity Buyback Plan announced on May 26, 2016.
October 04, 2016 at 04:26 am EDT
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From July 1, 2016 to September 30, 2016, the company has repurchased 173,400 shares, representing 2.4% for ¥87.16 million. With this, the company has completed the repurchase of 220,000 shares, representing 3.04% for ¥108.38 million under the buyback announced on May 26, 2016.
HOTMAN Co., Ltd. is a Japan-based company principally engaged in the automotive supplies and automotive-related business. The Company operates in three business segments. The YellowHat segment is engaged in the sale, installation, inspection and maintenance of car supplies. The TSUTAYA segment is engaged in the rental and sale of digital versatile discs (DVDs), compact discs (CDs) and books. The UP GARAGE segment is engaged in the purchase and sale of used car supplies. The Company is also engaged in the retail and purchase of cars, the sale of Daiso products and lotteries, the operation of Internet cafes, amusement facilities and coffee shops, as well as the real estate leasing business.