Aisan Industry Co., Ltd. (TSE:7283) announces a share repurchase program. Under the program, the company will repurchase up to 1,370,000 shares, representing 2.17% for ¥1,000 million. The purpose of the program is to improve shareholder returns and capital efficiency based on the shareholder return policy.

The program will expire on November 30, 2023. As of March 31, 2023, the company had 63,014,011 shares in issue (excluding treasury stock) and 72,368 shares in treasury.