Shinoken Group Co., Ltd. (JASDAQ:8909) announces a share repurchase program. Under the program, the company will repurchase up to 400,000 shares, representing 1.18% for ¥350 million. The purpose of the program is to improve capital efficiency and enable flexible capital policy according to the business environment.

The program will expire on April 28, 2022. As of March 8, 2022, the company had 33,846,366 shares in issue (excluding treasury stock) and 2,534,034 shares in treasury.