Takakita Co., Ltd. (TSE:6325) announces a share repurchase program. Under the program, the company will repurchase 400,000 shares, representing 3.48% of its share capital (excluding treasury stock), at ¥503 per share, for ¥201.2 million. The company will repurchase its shares in order to improve capital efficiency while implementing agile capital policies in response to changes in the business environment.

The program will run until July 29, 2022. As of June 30, 2022, the company had 11,493,783 shares outstanding and 2,506,217 shares in treasury.