Kogi Corporation (TSE:5603) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.51% of its issued share capital, for ¥50 million. The purpose of the program is to enable the implementation of agile capital policies in response to changes in the business environment, as well as strengthening shareholder returns and improving capital efficiency.

The program will expire on August 10, 2022. As of March 31, 2022, the company had 3,314,200 shares in issue and 47,963 shares in treasury.