Sumiseki Holdings,Inc. (TSE:1514) announces a share repurchase program. Under the program, the company will repurchase 1,000,000 shares, representing 1.76% of the outstanding shares for ¥110 million. The purpose of the program is to improve shareholder value by improving profits. The program will run until July 18, 2017. As of March 31, 2017, the company had 56,834,900 shares outstanding and 2,057,957 shares in treasury.