Sincere Co., LTD. (TSE:7782) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 8.05%% of the outstanding shares for ¥200 million. The purpose of the program is to enhance shareholder returns and to implement a flexible capital policy in response to changes in the business environment. The program will run until December 18, 2020. As of March 27, 2020, the company had 6,208,060 shares outstanding and 654,140 shares in treasury.