Tranche Update on ONTSU Co.,Ltd.'s Equity Buyback Plan announced on November 4, 2016.
November 08, 2016
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From November 4, 2016 to November 9, 2016, the company has repurchased 1,300,000 shares, representing 0.67% for ¥42.9 million. With this, the company has completed the repurchase of 1,300,000 shares, representing 0.67% for ¥42.9 million under the buyback announced on November 4, 2016.
Ontsu Co Ltd is a Japan-based company mainly engaged in the retail of food and sundry goods. The Company operates through four business segments. The Food and Sundries Setailing segment is engaged in the operation of 100-yen stores such as FLET'S and 100-yen consulates, operation of franchise chains, and plan, import, and sale of general merchandise for 100-yen stores. The Karaoke segment is engaged in the sale and lease of karaoke equipment and related products. The Sports segment is engaged in the operation of the JOYFIT sports club (franchise), the FIT365 sports gym (franchise), and the LAVA hot yoga studio (franchise). The Internet Protocol (IP) segment is engaged in the lease of real estate and store facilities and operation of coin-operated parking lots.