Tranche Update on Star Mica Holdings Co., Ltd.'s Equity Buyback Plan announced on January 19, 2023.
June 01, 2023 at 02:30 am EDT
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From March 1, 2023 to May 31, 2023, the company has repurchased 227,800 shares, representing 0.68% for ¥145.84 million. With this, the company has completed the repurchase of 295,100 shares, representing 0.88% for ¥188.88 million under the buyback announced on January 19, 2023.
Star Mica Holdings Co., Ltd. is a Japan-based company mainly engaged in renovation apartment business, investment business and advisory business. The renovation apartment business is engaged in purchase of family type apartments mainly from the metropolitan area and lease to tenants as portfolio. After the tenants leave, the Company will renovate to increase asset value, and then sold as residences to end users through house agents. The investment business conducts investments activities including leasing and sale of real estate mainly in the metropolitan area and investment development business centering on securities. The advisory business is engaged in real estate brokerage, rental brokerage, rental management, building management, operation of monthly apartments, etc. and fee operation of renovation apartment business and investment business.
STAR MICA HOLDINGS CO., LTD. 
