Dream Incubator Inc. (TSE:4310) announces a share repurchase program. Under the program, the company will repurchase 1,500,000 shares, representing 15.36% of the outstanding shares for ¥3,000 million. The purpose of the repurchase program is to return profits to shareholders.

The program will expire on March 31, 2024. As of March 31, 2023, the company had 9,764,123 shares outstanding and 700,977 shares in treasury.