Nakanishi Inc. (TSE:7716) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 0.58% of its issued share capital (excluding treasury stock), for a total purchase price of ¥1,000 million. The purpose of the program is to enable the further return of profits to shareholders and the flexible execution of capital policies in response to changes in the business environment.

The program will continue through September 30, 2022. As of March 31, 2022, the company had 85,923,368 issued shares (excluding treasury stock) and 8,336,032 treasury shares.