Nikki Co., Ltd. (TSE:6042) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 5.2% of its share capital, for ¥184 million. The shares will be repurchased at a price of ¥1,840 per share.

The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment. The program will expire on February 24, 2023. As of January 31, 2023, the company had 1,923,564 shares in issue (excluding treasury stock) and 76,436 shares in treasury.