Futaba Industrial Co., Ltd. (TSE:7241) announces a share repurchase program. Under the program, the company will repurchase 700,000 shares, representing 0.08% of the outstanding shares for ¥30 million. The purpose of the program is to improve shareholder returns and to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until May 21, 2021. As of March 31, 2021, the company had 89,566,900 shares outstanding and 131340351594,927 shares in treasury.