Fuji Corporation (TSE:7605) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 4.88% of its issued share capital (excluding treasury stock), for ¥1,200 million. The purpose of the program is to improve capital efficiency and strengthen shareholder returns.

The repurchased shares will be cancelled. The program will run until March 20, 2023. As of January 31, 2022, the company had 20,478,234 shares in issue (excluding treasury stock) and 491,766 shares in treasury.