Karadanote Inc. (TSE:4014) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 1.59% of its issued share capital (excluding treasury stock), for ¥100 million. The purpose of the program is to carry out agile investment strategies and capital policies such as expansion of shareholder returns and future M&A and alliances using treasury stock and to allocate to restricted shares to be delivered as stock compensation. The program will run until January 31, 2022. As of November 30, 2021, the company had 6,299,600 shares in issue (excluding treasury stock).