Shokubun Co., Ltd. (TSE:9969) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 0.65% of its share capital, for ¥25 million. The purpose of the program is to enable the execution of flexible capital policies in response to changes in the business environment.

The program will expire on June 30, 2023. As of September 30, 2022, the company had 15,438,147 shares in issue (excluding treasury stock) and 2,253,522 shares in treasury.