Choushimaru Co.Ltd. (JASDAQ:3075) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 6.89% of outstanding stock. The shares will be purchased at a purchase price of ¥4,260 per share or ¥900 million in total.

Repurchases will be made through Off-auction Own Share Repurchase trading method. The shares will be repurchased in order to enhance capital efficiency, introduce stock options as employee incentive plans, and enable the implementation of flexible capital policies using M&A and alliances.