Taikisha Ltd. (TSE:1979) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 2.09% of its share capital, for ¥2,000 million. The company will repurchase its shares in order to enhance shareholder returns and to increase capital efficiency as well as to enable the company to implement a flexible capital strategy in response to changes in the business environment.

The share repurchase program will run until February 29, 2024. As of July 31, 2023, the company had 33,425,874 shares outstanding (excluding treasury shares) and 156,135 shares in treasury.