Hamai Industries Limited (JASDAQ:6497) announces a share repurchase program. Under the plan, the company will repurchase 200,000 shares, representing 2.92% stake for ¥232 million at a price of ¥1,160 per share. 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 November 14, 2017, the company had 6,854,927 shares outstanding and 569,213 shares in treasury.