Yamazawa Co., Ltd. (TSE:9993) announces a share repurchase program. Under the program, the company will repurchase up to 170,000 shares, representing 1.56% of its total shares outstanding (excluding treasury shares), for a total of ¥250 million. The purpose of repurchase program is to return profits to the shareholders through improved capital efficiency and to execute a flexible capital policy that responds to changes in the business environment.

The repurchase program is valid till February 20, 2023. As of August 31, 2022, the company had 10,907,927 shares outstanding (excluding treasury shares) and had 52,898 shares in treasury.