Shinoken Group Co., Ltd. (JASDAQ:8909) announces a share repurchase program. Under the program, the company will repurchase up to 375,000 shares, representing 1.1% of its issued share capital (excluding treasury stock), for a total purchase price of ¥300 million. The purpose of the program is to improve capital efficiency and enable flexible capital policy according to the business environment.

The program will continue through January 31, 2022. As of January 6, 2022, the company had 34,002,766 issued shares (excluding treasury stock) and 2,377,634 treasury shares.