Oricon Inc. (TSE:4800) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 2.23% of its share capital, for ¥300 million. The purpose of the program is to ensure financial soundness, improve capital efficiency through investment in growth fields, enhance shareholder returns, and enable flexible execution of capital policies in response to changes in the business environment.

The share repurchase program will run until January 31, 2024. As of September 30, 2023, the company had 13,473,522 shares outstanding (excluding treasury shares) and 1,649,678 shares in treasury.