Tranche Update on Bank of Innovation,Inc.'s Equity Buyback Plan announced on February 21, 2020.
March 17, 2020 at 04:30 am
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From February 21, 2020 to March 17, 2020, the company has repurchased 60,000 shares, representing 1.54% for ¥93.96 million. With this, the company has completed the repurchase of 60,000 shares, representing 1.54% for ¥93.96 million under the buyback announced on February 21, 2020.
Bank of Innovation, Inc. is a Japan-based company engaged in the development and operation of smartphone game applications. The Company provides game applications to users through the platforms operated by Google Inc. and Apple Inc., etc. The Company's game applications introduce multi-step check in graphic production and game system development, specializing in 2-Dimensions (2D) graphics. The Company implements promotions that are judged to be more cost effective within the set budget. Also, to appropriately control the promotion unit price, the Company carries out data analysis and plan-do-check-act (PDCA) cycle on promotion measures implemented. The Company also focuses on the development and operation of original titles and establishes its own intellectual property (IP) and diversifies its profits by collaboration with the promotions.