Ocean System Corporation (JASDAQ:3096) announces a share repurchase program. Under the program, the company will repurchase 430,000 shares, representing 4.37% of the outstanding shares, at ¥972 per share for ¥417.96 million. The purpose of the program is to enhance capital efficiency and to enable the implementation of a flexible capital policy in response to changes in the business environment. As of March 31, 2020, the company had 9,843,860 shares outstanding and 989,140 shares in treasury.