Japan Insulation Co., Ltd. (TSE:5368) announces a share repurchase program. Under the program, the company will repurchase up to 80,000 shares, representing 0.92% of its share capital, for ¥80 million. The purpose of the program is to improve capital efficiency and enhance shareholder returns.

The program will expire on September 15, 2022. As of March 31, 2022, the company had 8,689,785 shares in issue (excluding treasury stock) and 17,415 shares in treasury.