Kokuyo Co., Ltd. (TSE:7984) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 2.60% for ¥5,000 million. The purpose of the program is to improve shareholder return.

The program will be valid till July 31, 2023. As of June 30, 2023, the company had 115,550,000 shares (excluding treasury stock) issued and outstanding and 13,192 shares in treasury.