Japan Logistic Systems Corp. (TSE:9060) announces a share repurchase program. Under the program, the company will repurchase up to 15,000 shares, representing 1.1% of its issued share capital (excluding treasury stock), for a total purchase price of ¥58.65 million.

The shares will be repurchased at a price of ¥3,910 per share. The purpose of the program is to implement flexible capital policies in response to changes in the business environment. As of September 30, 2023, the company had 1,368,282 issued shares (excluding treasury stock) and 15,028 treasury shares.