J.S.B.Co.,Ltd. (TSE:3480) announces a share repurchase program. Under the program, the company will repurchase up to 60,000 shares, representing 0.57% of the outstanding shares for ¥300 million. The purpose of the program is to improve shareholder returns and capital efficiency, and to implement flexible capital policies in accordance with the business environment.

The program will be valid till October 31, 2023. As of August 31, 2023, the company had 10,510,953 shares in issue (excluding treasury stock) and 353,947 shares in treasury.