GRCS Inc. (TSE:9250) announces a share repurchase program. Under the program, the company will repurchase up to 40,000 shares, representing 3.05% of its total shares outstanding excluding treasury shares, for a total of ¥100 million. The purpose of repurchase program is to return profits to shareholders, improve capital efficiency and implement agile capital policies in response to changes in the business environment.

The repurchase program is valid till September 30, 2022. As of June 30, 2022, the company had 1,309,800 shares outstanding excluding treasury shares.