The Board of Directors of Focus Systems Corporation (JASDAQ:4662) authorized a share repurchase program on August 10, 2012. Under the program, the company will repurchase up to 200,000 shares, representing 2.82% of its issued share capital, for a total cost of up to ¥100 million. The purpose of the repurchase program is to pursue a flexible capital strategy that can respond to changes in the business world.

The plan will commence on August 13, 2012 and will continue until December 31, 2012. As of August 10, 2012, the company has 7,080,171 shares outstanding and 1,066,300 shares held in treasury.