ASIRO Inc. (TSE:7378) announces a share repurchase program. Under the program, the company will repurchase up to 525,000 shares of common stock, representing 6.76% of its issued capital for ¥300 million. The purpose of the program is to enhance shareholder return and to improve capital efficiency.

The share repurchase program is valid until June 30, 2023. As of October 31, 2022, the company had 7,768,768 shares outstanding excluding treasury shares and 135,629 shares in treasury.