Agro-Kanesho Co., Ltd. (TSE:4955) announces an share repurchase program. Under the program the company will repurchase 450,000 shares, representing 3.6% of the outstanding shares for ¥700 million. The purpose of the program is to carry out agile capital policies in response to changes in the business environment and to return profits to shareholders.

The program will run until March 23, 2023. As of March 31, 2022, the company had 12,495,088 shares outstanding and 909,774 shares in treasury.