Dainichiseika Color & Chemicals Mfg.Co., Ltd.

Dainichiseika Color & Chemicals Mfg. Co., Ltd. manufactures and sells powders, pigment dispersions, and functional materials. Its pigments, including inorganic, organic, and prepared types, serve applications such as paints, printing inks, and information display and recording materials. The company also supplies colorants for synthetic fibers, paper, construction materials, thermoplastic resins, PVC, and fluoropolymer resins, along with UV and EB curable coating agents, decorative and functional coating agents, urethane resins, adhesives, and Chitosan polymer derivatives. It additionally offers printing inks for paper media and inks and peripheral products for gravure printing. Founded in 1931, the company is headquartered in Tokyo, Japan.

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Dainichiseika and Scroll Announce Buybacks and Cancellations

Dainichiseika and Scroll each announced share buybacks and cancellations of treasury shares after the close of trading on the 15th. Dainichiseika will conduct a buyback of 3 million shares, equivalent to 4.39% of shares outstanding excluding treasury shares, for a maximum of 3.864 billion yen, through the Tokyo Stock Exchange's ToSTNeT-3 off-auction own share repurchase trading on the morning of September 16. Scroll will cancel 606,700 treasury shares, equivalent to 1.75% of shares outstanding, with the cancellation scheduled for September 30.

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