Tranche Update on Koito Manufacturing Co., Ltd.'s Equity Buyback Plan announced on April 26, 2023.
September 12, 2023 at 04:00 am EDT
Share
From July 1, 2023 to September 12, 2023, the company has repurchased 9,916,100 shares, representing 3.12% for ¥24,748.22 million. With this, the company has completed the repurchase of 13,745,700 shares, representing 4.31% for ¥34,999.8 million under the buyback announced on April 26, 2023.
KOITO MANUFACTURING CO., LTD. is mainly engaged in the manufacture and sale of automotive lighting equipment, aircraft parts, railway vehicles parts, electrical equipment and measuring equipment. The Company mainly operates in six segments, including Japan, China, Asia, North America, Europe and Others. The Companyâs major products include light-emitting diode (LED) head lamps, discharge head lamps, headlights, sign lamps, high mount stop lamps, halogen bulbs, miniature bulbs and other lamp fittings, control equipment for rail vehicles, roads traffic signals, traffic control systems, roads and tunnels illumination lamps, facilities illumination lamps, accommodation equipment, aircraft parts, electronic parts, head lamps cleaners, sheets for aircraft and rail vehicles, as well as environment control equipment. The Company is also engaged in the development and manufacture of forward monitoring operation support systems for advanced driver-assistance systems (ADAS) through subsidiary.
KOITO MANUFACTURING CO., LTD. 
