Toin Corporation (JASDAQ:7923) announces a share repurchase program. Under the program, the company will repurchase up to 230,000 shares, representing 4.41% of its share capital, at ¥585 per share for ¥134.55 million. The company will repurchase its shares in order to enable the implementation of a flexible and agile capital policy which responds to changes in the business environment, along with further improving capital efficiency and shareholder returns. As of November 20, 2017, the company had 5,219,248 shares outstanding (excluding treasury shares) and 1,158,252 shares in treasury.