Progrit CFO to Step Down; Company to Buy Back Shares to Mitigate Impact

TOKYO, Jul 09 (Pulse News Wire) – PROGRIT Inc. (9560.T) announced that its Chief Financial Officer, Ryota Yanai, will resign effective August 31, 2026, due to personal reasons.

To mitigate potential disruptions to share supply, the company plans to execute a repurchase of shares through the ToSTNeT-3 system. Details of the repurchase plan are outlined in a separate press release dated July 09, 2026.

Additionally, the company confirmed that the remaining shares held by Ryota Yanai and his asset management firm, HOHETO Co., Ltd., will continue to be held long-term according to their stated intentions. Following the resignation, the company will still meet the legal and charter requirements for board composition.