Kanamoto Co.,Ltd. (TSE:9678) announces a share repurchase program. Under the program, the company will repurchase 900,000 shares, representing 2.5% for ¥2,000 million. The purpose of the program to enhance shareholder returns and improve capital efficiency, while also enabling flexible capital policy to be executed in the future.

The program is valid till August 30, 2024. As of October 31, 2023, the company had 36,060,431 shares (excluding treasury stock) and 2,681,810 shares in treasury.