Lacto Japan Co., Ltd. (TSE:3139) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 0.51% of its share capital, for ¥200 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency and implement agile capital policies The share repurchase program will run until April 30, 2021. As of November 30, 2020, the company had 9,874,600 shares outstanding (excluding treasury shares) and 2,600 shares in treasury.