Tranche Update on SECOM CO., LTD.'s Equity Buyback Plan announced on August 9, 2023.
December 19, 2023 at 01:00 am EST
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From October 1, 2023 to December 18, 2023, the company has repurchased 1,599,900 shares, representing 0.76% for ¥16,400 million. With this, the company has completed the repurchase of 2,937,500 shares, representing 1.38% for ¥29,999.35 million under the buyback announced on August 9, 2023.
Secom Co., Ltd. is No. 1 in Japan of safety services. Net sales break down by activity as follows:
- safety services (49.1%): installation and maintenance of electronic safety systems (primarily buildings access control systems, explosive control systems, electronic equipments of possessions and persons identification, anti-intrusion alarms), VIP protection, funds and valuable objects transportation, etc.;
- medical services (15.8%): home care services, medicines delivery services, sale of medical equipments, etc.;
- sale, installation and maintenance of protection against fire systems (12.4%);
- business process outsourcing and ICT services (10.3%) ;
- insurance services (5.3%): fire, automotive and health insurance;
- geospatial data broadcasting (4.7%);
- development and promotion of real estate assets (2.4%): primarily residential buildings with advanced safety systems.
Japan accounts for 96.1% of net sales.
SECOM CO., LTD. 
