Ohashi Technica Inc. (TSE:7628) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 4.94% of the outstanding shares for ¥1,050 million. The purpose of the program is to improve shareholder returns and capital efficiency.

The repurchase program is valid till September 22, 2021. As of September 30, 2021, the company had 14,178,960 issued shares (excluding treasury stock) and 580,120 shares in treasury.