June 19, 2017 / 8:54 PM / in 4 months

BRIEF-Japan's Ito En buying vending machines to cut lease costs - Nikkei

June 20 (Reuters) - Nikkei:

* Ito En will soon start buying outright the vending machines it now leases, aiming to cut its debt load before interest rates begin to rise - Nikkei

* In year ending April 2018, Ito En will spend 3.5 billion yen to buy newly installed machines outright - Nikkei

* Ito En’s spending on newly installed machines is expected to help cut lease payments 15% on the year to 8.7 billion yen - Nikkei Source text for Eikon: Further company coverage:

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