Kufu Company Inc. (TSE:4376) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.75% of its issued share capital (excluding treasury stock), for ¥1,000 million. The purpose of the program is to acquire treasury stock in preparation for a flexible capital strategy in the future.

The program will run until July 31, 2023. As of February 28, 2023, the company had 57,297,546 shares in issue (excluding treasury stock) and 1,001,713 shares in treasury.