Nojima Corporation (TSE:7419) announces a share repurchase program. Under the program, the company will repurchase 2,000,000 shares, representing 2.03% of its share capital, for ¥3,000 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency by implementing a flexible capital policy that responds to changes in the business environment.

The program will run until February 21, 2024. As of January 31, 2023, the company had 98,349,807 shares outstanding (excluding treasury shares) and 4,229,425 shares in treasury.