Nihon Isk Co.,Ltd. (TSE:7986) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 5.83% of its issued share capital (excluding treasury stock), for a total purchase price of ¥120 million. The purpose of the program is to o improve shareholder value per share and capital efficiency, as well as to enable flexible execution of capital policy in response to changes in the business environment.

The program will continue through February 16, 2023. As of June 30, 2022, the company had 1,714,230 issued shares (excluding treasury stock) and 61,770 treasury shares.