Nansin Co., Ltd. (JASDAQ:7399) announces a share repurchase program. Under the program, the company will repurchase 909,100 shares, representing 11.86% of the outstanding shares, at ¥550 per share for ¥500.01 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and to enhance capital efficiency. As of March 31, 2019, the company had 7,666,100 shares outstanding and 41,900 shares in treasury.