Passlogy Co.,Ltd. (TSE:4426) announces a share repurchase program. Under the program, the company will repurchase 3,000 shares, representing 0.30% of the outstanding shares for ¥1.5 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. The program will run until March 13, 2020. As of February 14, 2020, the company had 999,700 shares outstanding and 300 shares in treasury.