Yamaichi Electronics Co.,Ltd. (TSE:6941) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.89% of its share capital, for ¥700 million. The company will repurchase its shares in order to return profits to shareholders by implementing agile capital policies and improving capital efficiency in response to changes in the business environment.

The share repurchase program will run until September 30, 2022. As of March 31, 2022, the company had 21,136,490 shares outstanding (excluding treasury shares) and 2,193,285 shares in treasury.