Techno Associe Co., Ltd. (TSE:8249) announces a share repurchase program. Under the program, the company will repurchase up to 340,000 shares, representing 1.79% of its share capital, at ¥1,380 per share for ¥469.2 million. The company will repurchase its shares in order to improve capital efficiency, implement a flexible capital policy which responds to changes in the business environment, and further return profits to shareholders. As of December 31, 2017, the company had 18,957,056 shares outstanding (excluding treasury shares) and 1,079,344 shares in treasury.