Akatsuki Eazima Co., Ltd. (JASDAQ:1997) announces a share repurchase program. Under the program, the company will repurchase up to 45,000 shares, representing 4.34% of the shares outstanding excluding treasury shares, at a price of ¥1,940 per share, for a total of ¥87.3 million. The company will consign the purchases in the Off Auction Own Share Repurchase Trading system (ToSTNeT-3) of the Tokyo Stock Exchange.

The purpose behind the program is to pursue a dynamic capital policy that is responsive to changes in the business environment. Repurchases will be in accordance with article 156, section 1 in lieu of article 165, section 3 of the Companies Act. As of March 31, 2015, the company had 1,036,179 shares outstanding excluding treasury shares and had 63,821 shares in treasury.