Platz Co., Ltd. announces an Equity Buyback for 34,300 shares, representing 0.92% for ¥57.73 million.
August 06, 2020 at 09:00 pm EDT
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Platz Co., Ltd. (TSE:7813) announces an share repurchase program. Under the program the company will repurchase 34,300 shares, representing 0.92% of the outstanding shares for ¥57.73 million. The purpose of the program is to allot transfer-restricted shares for transfer to company directors..
PLATZ Co.,Ltd. is a Japan-based company mainly engaged in electric bed business for medical and nursing care. The Company operates through two business segments. Medical Care Nursing Electric Bed segment is engaged in the planning, development, design and sale of medical care nursing electric beds and mattresses, the assemblies and quality inspections, the metal processing of steel frames and other parts. Products are divided into home beds and medical facilities beds, and are sold to welfare equipment distribution market, medical and elderly facility market, furniture distribution market and overseas markets. Products for welfare equipment distribution market include Rafio, Miolet III and Primolet. Products for medical and elderly care facilities market include P300Series, Ardel and Ultilet. Products for furniture distribution market include Carelet f II, Carelet neoα II, Carelet Druche, and Carelet Simply. Fitness segment operates a women-only fitness gym called Placer.
PLATZ CO., LTD. 
