Nakamuraya Co., Ltd. (TSE:2204) announces a share repurchase program. Under the program, the company will repurchase up to 168,000 shares, representing 2.81% of its issued share capital, for ¥526.68 million. The shares will be repurchased at ¥3,135 per share.

The purpose of the program is to to enable flexible capital policy implementation in response to changes in the business environment.. As of September 30, 2023, the company had 5,976,205 issued shares (excluding treasury stock) and 16,413 treasury shares.