Yorozu Corporation (TSE:7294) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 4.04% of its share capital, for ¥2,000 million. Shares will be repurchased through market purchase by trust method. The purpose of the program is to enhance capital efficiency and enable the implementation of a flexible capital policy in response to changes in the business environment. The plan will continue until March 13, 2017. As of September 8, 2016, the company had 24,769,759 shares outstanding and 285,877 shares in treasury.