ONDECK Co., Ltd. (TSE:7360) announces a share repurchase program. Under the program, the company will repurchase up to 280,000 shares, representing 9.78% of its share capital, for ¥283.92 million. The purpose of the program is to implement a flexible capital policy that responds to changes in the business environment and improve capital efficiency.

The program will expire on July 28, 2023. As of June 30, 2023, the company had 2,863,373 shares in issue (excluding treasury stock) and 842,938 shares in treasury.