Daiichikosho Co., Ltd. (TSE:7458) announces a share repurchase program. Under the program, the company will repurchase 4,000,000 shares, representing 3.66% of its share capital, for ¥6,000 million. The company will repurchase its shares in order to improve capital efficiency and return profits to shareholders.

The program will run until September 30, 2023. As of February 8, 2023, the company had 54,592,898 shares outstanding (excluding treasury shares) and 141,302 shares in treasury.