Nippon Hume Corporation (TSE:5262) announces a share repurchase program. Under the program, the company will repurchase 125,000 shares, representing 0.5% of the outstanding shares for ¥100 million. The purpose of the program is to carry out agile capital policies in response to changes in the business environment and to return profits to shareholders.

The program will run until March 22, 2023. As of March 31, 2022, the company had 25,100,816 shares outstanding (excluding treasury stock) and 4,246,684 shares in treasury.