United Arrows Ltd. (TSE:7606) announces a share repurchase program. Under the program, the company will repurchase up to 1,300,000 shares, representing 4.56% for a total of ¥2,000 million. The company will repurchase its shares in order to implement a flexible capital policy which responds to changes in the business environment, along with aiming to improve capital efficiency.

The program will expire on July 31, 2023. As of March 31, 2023, the company had 28,495,284 shares outstanding excluding treasury shares, and 1,718,392 shares in treasury.