Nihon Parkerizing Co., Ltd. (TSE:4095) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 1.66% of its issued share capital, for ¥2,000 million. The purpose of the program is to return profits to shareholders, improve capital efficiency, and implement agile capital policies in response to changes in the business environment.

The program will expire on December 30, 2022. As of February 28, 2022, the company had 120,250,055 issued shares (excluding treasury stock) and 12,354,469 treasury shares.