Tokai Soft Co., Ltd. (TSE:4430) announces a share repurchase program. Under the program, the company will repurchase up to 180,000 shares, representing 3.66% of its issued share capital (excluding treasury stock), for a total purchase price of ¥174.96 million. The shares will be repurchased at a price of ¥972 per share.

The purpose of the program is implement a flexible capital policy that responds to changes in the business environment. As of November 30, 2021, the company had 4,919,990 issued shares (excluding treasury stock) and 310 treasury shares.