Fujisan Magazine Service Co., Ltd. (TSE:3138) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.56% of its issued share capital (excluding treasury stock), for ¥43 million. The purpose of the program is to improve capital efficiency and implement flexible capital policies that respond to changes in the corporate environment, as part of shareholder returns.

The program will run until October 31, 2022. As of August 17, 2022, the company had 3,195,221 shares in issue (excluding treasury stock) and 120,399 shares in treasury.