Imuraya Group Co., Ltd. (TSE:2209) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 2.06% of outstanding shares (excluding treasury shares) for a total of ¥350 million. The shares will be repurchased in order to improve capital efficiency and implement a flexible capital policy corresponding to changes in the business environment.

The program will run up to September 30, 2016. As of March 31, 2016, the company has 24,225,217 outstanding shares (excluding treasury shares) and 1,419,183 shares were held under treasury.