JADE GROUP,Inc announces an Increase in Equity Buyback.
May 30, 2024
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On May 1, 2024, the company announced an increase in its equity buyback plan. The company increased its authority by 225,000 shares and ¥200 million, thereby bringing the total authorization to 800,000 shares, for ¥1,200 million.
Jade Group Inc is a Japan-based company mainly engaged in the sale, planning and purchasing of fashion related products, mainly shoes. The electronic commerce (EC) business allows general consumers to purchase products of each brand through LOCOMALL, which is operated at shopping mall sites LOCONDO.jp, Rakuten Ichiba and Yahoo! Shopping. The platform business is engaged in the provision of EC system and logistics services, e-3PL service for logistics warehouse operations, LOCOCHOC service for stores, LOCOPOS service for sales and inventory management. The brand business operates its own brand using the infrastructure of the EC business and the platform business. The main brands include MANGO, Vanity Beauty and Bell Florrie.
JADE GROUP,INC 
