MARUKA FURUSATO Corporation (TSE:7128) announces a share repurchase program. Under the program, the company will repurchase up to 1,600,000 shares, representing 6.3% of its total shares outstanding (excluding treasury shares), for a total of ¥4,000 million. The purpose of the program is to invest in human resources, return profits to shareholders, and invest in growth.

The repurchase program is valid till August 21, 2024. As of June 30, 2023, the company had 25,389,136 shares outstanding (excluding treasury shares) and had 174,678 shares in treasury.