Tranche Update on Waseda Academy Co., Ltd.'s Equity Buyback Plan announced on February 6, 2018.
February 06, 2018 at 09:30 pm
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From February 6, 2018 to February 7, 2018, the company has repurchased 366,000 shares, representing 4.39% for ¥599.87 million. With this, the company has completed the repurchase of 366,000 shares, representing 4.39% for ¥599.87 million under the buyback announced on February 6, 2018.
WASEDA ACADEMY CO.,LTD. is a Japan-based company mainly engaged in education-related businesses and real estate leasing business. The Company operates through two business segments. The Education-related business provides exam preparation education for students, sells English education lessons and educational contents. The preparatory study work operates in the Tokyo metropolitan area, including Tokyo, Kanagawa, Saitama, Chiba, and Ibaraki prefectures. It provides instruction for elementary, middle and high school students in Ibaraki Prefecture with Mito Academy. It operates exam preparation schools for medical and dentistry for junior high school students, high school students and high school graduates, under name of Noda Kuruse. It provides education for elementary, middle and high school students in Chiba Prefecture with QUARD. The Real Estate Leasing business is engaged in the rental of residential and commercial real estate properties, and part of the school building properties.