Asahi Net, Inc. (TSE:3834) announces a share repurchase program. Under the program, the company will repurchase 330,000 shares, representing 1.18% of the outstanding shares, at ¥591 per share for ¥195.03 million. The purpose of the program is to enhance capital efficiency, improve shareholder returns and to enable the implementation of a flexible capital policy in response to changes in the business environment.

As of March 31, 2023, the company had 28,007,014 shares outstanding (excluding treasury stock) and 3,992,986 shares in treasury.