Yagami Inc. (NSE:7488) announces a share repurchase program. Under the plan, the company will repurchase up to 280,000 shares, representing 4.93% of outstanding share capital at a price of ¥640 per share for a total of ¥179.2 million. Repurchase will be made through the Share Repurchase Trading (N-NET3).

The purpose of the program is to enable the company to implement a flexible capital policy corresponding to changes in the business environment. As of March 20, 2014, the company had 5,676,961 shares outstanding excluding treasury shares and had 1,124,799 shares in treasury.