Sugimura Warehouse Co., Ltd. (TSE:9307) announces a share repurchase program. Under the program, the company will repurchase 60,000 shares, representing 0.37% of the outstanding shares for ¥40 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The program will run until June 18, 2019. As of March 31, 2019, the company had 16,215,347 shares outstanding and 66,763 shares in treasury.