Sotoh Co., Ltd. (TSE:3571) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.57% of its issued share capital (excluding treasury stock), for ¥100 million. The purpose of the program is to improve capital efficiency and to implement a flexible capital policy that can respond to future changes in the business environment.

The program will expire on April 30, 2025. As of March 31, 2024, the company had 12,726,406 issued shares (excluding treasury stock) and 1,207,351 treasury shares.