Nissen Inc. (JASDAQ:6543) announces a share repurchase program. Under the program, the company will repurchase 170,000 shares, representing 8.62% of the outstanding shares at ¥1,241 per share for ¥210.97 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The program will run until April 14, 2021. As of February 28, 2021, the company had 1,971,615 shares outstanding and 30,685 shares in treasury.