Nihon Trim Co., Ltd. (TSE:6788) announces a share repurchase program. Under the program, the company will repurchase 120,000 shares, representing 1.52% of its share capital, for ¥500 million. The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until September 30, 2020. As of March 10, 2020, the company had 7,895,342 shares outstanding (excluding treasury shares) and 761,438 shares in treasury.