will repurchase up to 200,000 shares, representing 1.19% of its total shares outstanding excluding treasury shares, for a total of ¥200 million. The purpose of the repurchase program is to improve shareholder returns and enable the implementation of a flexible capital policy corresponding to changes in the business environment. The share repurchase program is valid until October 31, 2022.

As of April 30, 2022, the company had 16,806,343 shares outstanding excluding treasury shares and had 657,657 shares in treasury.