Takisawa Machine Tool Co., Ltd. (TSE:6121) announces a share repurchase program. Under the program, the company will repurchase up to 180,000 shares, representing 2.75% of its issued share capital, for ?200 million. The purpose of the program is to to improve capital efficiency while ensuring financial soundness, and for shareholder returns as part of the company's flexible capital policy and shareholder return policy. The program will expire on October 28, 2022. As of September 30, 2021, the company had 6,552,661 shares(excluding treasury stock) in issue and 25,461 shares in treasury.