Tranche Update on Ichikawa Co., Ltd.'s Equity Buyback Plan announced on August 5, 2014.
August 05, 2014
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From August 5, 2014 to August 6, 2014, the company has repurchased 2,813,000 shares, representing 10.49% for ¥753.88 million. With this, the company has completed the repurchase of 2,813,000 shares, representing 10.49% for ¥753.88 million under the buyback announced on August 5, 2014.
ICHIKAWA CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of paper making products and industrial products. The Company operates through five business segments. The Paper Making Product (Japan, the Americans, Europe, and China) segment is mainly engaged in the manufacture and sale of paper making felts, paper making belts and slate felts. The Company distributes its products within the domestic market and to overseas markets, including the Americas, Europe and China. The Industrial Product segment is mainly engaged in the manufacture and sale of industrial felts and related industrial products. The Company is also engaged in the warehouse business.