Yamax Corp. (JASDAQ:5285) announces an share repurchase program. Under the program the company will repurchase 120,000 shares, representing 2.37% of the outstanding shares, at ¥464 per share for ¥55.68 million. The purpose of the program is to enhance capital efficiency and to implement a flexible capital policy in response to changes in the business environment. As of September 30, 2020, the company had 5,068,750 shares outstanding and 721,250 shares in treasury.