Maruyama Mfg. Co., Inc. (TSE:6316) announces a share repurchase program. Under the program, the company will repurchase up to 130,000 shares, representing 2.86% of its issued share capital (excluding treasury stock), for a total purchase price of ¥200 million.

The purpose of the program is strengthen the responsiveness of our capital policy in preparation for future changes in the environment while improving capital efficiency and expanding the return of profits to shareholders. The program will continue through August 9, 2022. As of September 30, 2021, the company had 4,551,463 issued shares (excluding treasury stock) and 477,869 treasury shares.