Nichirin Co., Ltd. (TSE:5184) announces a share repurchase program. Under the program, the company will repurchase up to 155,000 shares, representing 1.10% of its issued share capital for ¥250 million. The purpose of the program is to enhance capital efficiency and implement a flexible capital policy.

The repurchase program will expire on December 31, 2022. As of June 30, 2022, the company had 14,136,318 shares outstanding and 235,182 shares in treasury.