Toho Co., Ltd. (TSE:8142) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 0.57% of its total shares outstanding excluding treasury shares, for a total of ¥6,000 million. The purpose of repurchase program is to improve capital efficiency and enhance the return of profits to shareholders.

The repurchase program is valid till September 30, 2022. As of June 30, 2022, the company had 176,899,823 shares outstanding excluding treasury shares and has 9,590,810 shares in treasury.