Nippon Chuzo K. K. (TSE:5609) announces a share repurchase program. Under the program, the company will repurchase up to 375,000 shares, representing 7.31% of its issued share capital for ¥300 million. The purpose of the program is to carry out agile capital policies and promote further return of profits to shareholders.

The program will run until July 27, 2022. As of March 31, 2022, the company had 5,131,458 shares in issue (excluding treasury stock) and 3,692 shares in treasury.