Tranche Update on Ichikawa Co., Ltd.'s Equity Buyback Plan announced on August 31, 2023.
September 31, 2023 at 09:00 pm EDT
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From August 31, 2023 to September 1, 2023, the company has repurchased 190,900 shares, representing 4.17% for ¥268.6 million. With this, the company has completed the repurchase of 190,900 shares, representing 4.17% for ¥268.6 million under the buyback announced on August 31, 2023.
ICHIKAWA CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of paper making products and industrial products. The Company operates through five business segments. The Paper Making Product (Japan, the Americans, Europe, and China) segment is mainly engaged in the manufacture and sale of paper making felts, paper making belts and slate felts. The Company distributes its products within the domestic market and to overseas markets, including the Americas, Europe and China. The Industrial Product segment is mainly engaged in the manufacture and sale of industrial felts and related industrial products. The Company is also engaged in the warehouse business.