Tachikawa Corporation (TSE:7989) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 2.57% of its issued share capital for ¥600 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and improve shareholder value.

The repurchase program will expire on August 31, 2023. As of September 30, 2022, the company had 19,456,379 shares outstanding and 1,307,221 shares in treasury.