J.S.B.Co.,Ltd. (TSE:3480) announces a share repurchase program. Under the program, the company will repurchase 140,000 shares, representing 1.33% of the outstanding shares for ¥400 million. The purpose of the program is to return profits to shareholders, to improve capital efficiency, and to implement agile capital policies according to the business environment.

The program will run until October 31, 2022. As of June 30, 2022, the company had 10,527,364 shares outstanding and 238,436 shares in treasury.