Azearth Corporation (TSE:3161) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 3.3% of its share capital for ¥140 million. The purpose of the program is to implement a flexible capital policy corresponding to the changes in the business environment and to improve the shareholders' returns.

The program will be valid until July 31, 2015. As of March 11, 2015, the company has 6,066,605 outstanding shares excluding the treasury shares and 18,796 shares in treasury.