Kunimine Industries Co., Ltd. (TSE:5388) announces a share repurchase program. Under the program, the company will repurchase 100,000 shares, representing 0.78% of the outstanding shares, at ¥1,045 per share for ¥104.5 million. The purpose of the program is to carry out agile capital policies that respond to changes in the business environment.

As of March 31, 2022, the company had 12,901,605 shares outstanding and 1,548,395 shares in treasury.