Matsumoto Yushi Seiyaku Co., Ltd. (JASDAQ:4365) announces a share repurchase program. Under the program, the company will repurchase 35,000 shares, representing 1.07% of the outstanding shares, at ¥10,000 per share for ¥350 million. Shares will be repurchased through the Tokyo Stock Exchange Off-Auction Own Share Repurchase Trading (ToSTNeT-3). 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 February 28, 2017, the company had 3,266,998 shares outstanding and 1,245,653 shares in treasury.