Akatsuki Eazima Co., Ltd. (JASDAQ:1997) announces a share repurchase program. Under the program, the company will repurchase up to 550,000 shares, representing 5.04% of its issued share capital, at a price of ¥125 per share, for ¥68.75 million. The company will make repurchases through ToSTNeT-3 of the Tokyo Stock Exchange.

The purpose of the program is to enable the implementation of a flexible capital policy corresponding to changes in the business environment. As of December 31, 2013, the company had 10,913,962 shares outstanding excluding treasury shares and had 86,038 shares in treasury.