OSJB Holdings Corporation (TSE:5912) announces a share repurchase program. Under the program, the company will repurchase up to 1,700,000 shares, representing 1.39% of its total shares outstanding excluding treasury shares, for a total of ¥300 million. The purpose of the repurchase program is to enable the company to implement a flexible capital policy corresponding to changes in the business environment.

Repurchases will be in accordance with the regulations of Article 156 of the Companies Act, which is applied by replacing the regulations of Article 165 Paragraph 3 of the same Act. The share repurchase program is valid until March 23, 2016. As of December 30, 2015, the company had 122,482,550 shares outstanding excluding treasury shares and had 30,841 shares in treasury.