Daifuku Co., Ltd. (TSE:6383) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 2.64% of its share capital, for ¥20,000 million. The purpose of the program is to improve capital efficiency and increase the value per share.

The program will expire on December 31, 2023. As of July 31, 2023, the company had 378,092,409 shares in issue (excluding treasury stock) and 1,737,822 shares in treasury.