Sunautas Co., Ltd. (TSE JASDAQ:7623) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.57% for ¥30 million. The shares will be repurchased on-market on the Tokyo Stock Exchange, Inc. JASDAQ market.

The purpose of the program is to execute a flexible capital policy in response to the changes in the business environment. The shares will be repurchased pursuant to the provisions of the Companies Act Article 156. The program will be valid till May 23, 2014.

As of April 12, 2014, the company has 3,230,500 shares in issue including treasury and 47,870 shares in treasury.