Tranche Update on Central Sports Co., Ltd.'s Equity Buyback Plan announced on September 27, 2019.
October 30, 2019 at 09:30 pm
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From October 1, 2019 to October 1, 2019, the company has repurchased 65,000 shares, representing 0.58% for ¥205.08 million. With this, the company has completed the repurchase of 65,000 shares, representing 0.58% for ¥205.08 million under the buyback announced on September 27, 2019.
CENTRAL SPORTS CO., LTD. is a Japan-based company mainly engaged in the sports club and related business. The Company operates membership-based gyms under the names Central Swim Club, Central Sports Club, Central Fitness Club and Central Wellness Club. The Company is also engaged in the operation of golf clubs through its subsidiaries in Colorado, the United States. The Company generates its revenue mainly from membership fees of gyms with machines, studios, pools and spa facilities, as well as sports schools for children and adults, such as swimming schools and gymnastics schools. The Company also sells various types of sports products through its specialty retail stores and vending machines in its clubs. Other activities include the travel business, such as the sale of travel products, and the facility leasing business.