Sinko Industries Ltd. (TSE:6458) announces a share repurchase program. Under the program, the company will repurchase 250,000 shares, representing 0.95% of its share capital, for ¥500 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. The program will run until July 31, 2020. As of February 29, 2020, the company had 26,185,871 shares outstanding (excluding treasury shares) and 1,026,392 shares in treasury.