SE Holdings and Incubations Co., Ltd. (TSE:9478) announces a share repurchase program. Under the program, the company will repurchase up to 560,000 shares, representing 2.79% of its issued share capital (excluding treasury stock), for a total purchase price of ¥140 million. The purpose of the program is to carry out flexible management that responds to changes in the economic situation.

The program will continue through February 28, 2023. As of December 31, 2022, the company had 20,091,747 issued shares (excluding treasury stock) and 2,212,479 treasury shares.