Harima B.Stem Corporation (JASDAQ:9780) announces a share repurchase program. Under the program, the company will repurchase up to 70,000 shares, representing 7.31% of the outstanding shares for ¥297.5 million. The purpose of the program is to improve shareholder returns and to enable the implementation of a flexible capital policy in response to changes in the business environment.

The program will run until March 4, 2022. As of February 28, 2022, the company had 958,074 shares outstanding and 4,375 shares in treasury.