Iwabuchi Corporation (JASDAQ:5983) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 2.27% of its share capital for ¥150 million. The purpose of the plan is to enable profit returns to shareholders and the accomplishment of a flexible capital policy in response to the changes in the business environment.

The program will be valid until November 30, 2015. As of April 30, 2015, the company has 10,995,023 shares outstanding (excluding treasury shares) and 4,977 shares in treasury.