Sumiseki Holdings,Inc. (TSE:1514) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 3.63% of its share capital, for ¥400 million. The company will repurchase its shares in order to improve shareholder value by returning profits to our shareholders.

The share repurchase program will run until July 19, 2022. As of March 31, 2022, the company had 55,032,005 shares outstanding (excluding treasury shares) and 3,860,848 shares in treasury.