Kokopelli Inc. (TSE:4167) announces a share repurchase program. Under the program, the company will repurchase up to 300,000 shares, representing 3.79% of its issued share capital, for ¥100 million. The purpose of the program is to improve shareholder returns by implementing flexible capital policies and improving capital efficiency.

The program will be valid till March 31, 2024. As of September 30, 2023, the company has 7,916,230 issued shares (excluding treasury stock) and 102,573 treasury shares.