Nakanishi Inc. (TSE:7716) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 0.28% of its issued share capital, for a total purchase price of ¥2,500 million. The purpose of the program is to enhance shareholder returns and to enable performing flexible capital policies corresponding to the change in the business environment.

The program will continue through November 10, 2023. As of June 30, 2023, the company had 84,977,116 issued shares (excluding treasury stock) and 9,282,284 treasury shares.