Tokyo Tekko Co., Ltd. (TSE:5445) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 3.32% of its issued capital for ¥500 million. The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment, with the aim of enhancing shareholder returns and improving capital efficiency.

The program will expire on September 30, 2023. As of March 31, 2023, the company had 9,031,645 shares in issue (excluding treasury stock) and 9,031,645 shares in treasury.