baby calendar Inc. (TSE:7363) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, representing 4.39% of its share capital, for ¥100 million. The purpose of the program is to carry out agile capital policies in response to changes in the business environment.

The program will expire on December 31, 2022. As of December 31, 2022, the company had 912,200 shares in issue (excluding treasury stock) and no shares in treasury.