Hagihara Industries Inc. (TSE:7856) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 2.12% of its total shares outstanding (excluding treasury shares), for a total of ¥540 million. The purpose of repurchase program is to carry out capital policies in response to changes in the business environment and to return profits to shareholders.

The repurchase program is valid till November 30, 2023. As of July 31, 2023, the company had 14,125,902 shares outstanding (excluding treasury shares) and had 771,698 shares in treasury.