Felissimo Corporation (TSE:3396) announces a share repurchase program. Under the program, the company will repurchase 500,000 shares, representing 7.19% of the outstanding shares, at ¥974 per share for up to ¥500 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. As of April 21, 2020, the company had 6,949,698 shares outstanding and 3,093,802 shares in treasury.