Scala, Inc. (TSE:4845) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 2.26% of its share capital, for ¥300 million. The purpose of the program is to improve capital efficiency and implement flexible capital policies according to the business environment.

The program will expire on August 31, 2022. As of March 31, 2022, the company had 17,688,251 shares in issue (excluding treasury stock) and 8 shares in treasury.