Hogy Medical Co.,Ltd. (TSE:3593) announces a share repurchase program. Under the program, the company will repurchase 1,900,000 shares, representing 6.28% of the outstanding shares for ¥5,000 million. The purpose of the program is to improve shareholder returns, enhance capital efficiency and to implement a flexible capital policy in response to changes in the business environment. The program will run until October 31, 2021. As of December 31, 2020, the company had 30,247,933 shares outstanding and 2,434,377 shares in treasury.