Sanyei Corporation (JASDAQ:8119) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 2.09% of the issued share capital, for a total consideration of ¥250 million. The purpose of the program is to implement a flexible capital policy in response to changes in the future business environment. The repurchase program is valid till December 28, 2018. As of March 31, 2018, the company had 2,390,130 shares outstanding and 162,816 shares in treasury.