Azearth Corporation (TSE:3161) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 3.37% of its share capital for ¥140 million. The shares will be repurchase in order to implement a flexible capital policy corresponding to changes in the business environment and to improve shareholder returns.

The program will be valid until April 30, 2016. As of September 25, 2015, the company had 5,931,305 outstanding shares excluding treasury shares and 154,096 shares in treasury.