Tranche Update on Nihon Denkei Co.,Ltd.'s Equity Buyback Plan announced on September 12, 2022.
January 24, 2023 at 01:30 am EST
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From January 1, 2023 to January 23, 2023, the company has repurchased 27,300 shares, representing 0.23% for ¥42.31 million. With this, the company has completed the repurchase of 200,000 shares, representing 1.7% for ¥292.01 million under the buyback announced on September 12, 2022.
NIHON DENKEI CO.,LTD. is a Japan-based company mainly engaged in the sale, repair and calibration of electronic measuring instruments. The Company operates in three regional segments including Japan, China and Others. The Company is mainly engaged in the sale and manufacture of electronic measuring instruments, various system equipment, electronic components, as well as leasing and rental business. The business items include electronic measuring instruments, measuring instruments for communication, computers and peripherals, automatic and labor-saving equipment, measuring instruments for physics and chemistry, industrial application equipment, measuring instruments for production processes, environmental testing instruments, optical measuring instruments, and educational experiments, electronic parts, mechanical parts, measuring instrument leasing and rental services, curio dealers, building construction, jumping and construction business.