Ifuji Sangyo Co., Ltd. (TSE:2924) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 2.4% of the outstanding shares, at ¥663 per share for ¥132.6 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 March 31, 2019, the company had 8,329,642 shares outstanding and 15,728 shares in treasury.