JANOME Corporation (TSE:6445) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 5.17% of its issued share capital, for ¥700 million. The purpose of the program is to improve the level of shareholder returns and improve capital efficiency.

The shares repurchased will be cancelled. The program will be valid till March 31, 2024. As of March 31, 2023, the company had 19,331,290 issued shares (excluding treasury stock) and 190,154 shares in treasury stock.