Johnan Academic Preparatory Institute, Inc. (JASDAQ:4720) announces a share repurchase program. Under the program, the company will repurchase up to 55,000 shares, representing 0.7% of its issued share capital for ¥22.44 million. The shares will be repurchased at a price of ¥408 per share.

The purpose of the program is to implement agile capital policies that respond to changes in capital efficiency, shareholder returns, and changes in the business environment.