Yagami Inc. (NSE:7488) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 3.69% of its share capital for ¥171.8 million. The shares will be repurchased at the closing stock price of ¥859 per share on the Nagoya Stock Exchange off-floor treasury share trading (N-NET3).

The purpose of the program is to enable the implementation of a flexible capital policy in response to the changes in the business environment. The shares will be repurchased in accordance with article 156, section 3 of the Companies Act. As of May 20, 2015, the company had 5,421,961 outstanding shares excluding treasury shares and 1,379,799 shares in treasury.