Ekitan & Co., Ltd. (TSE:3646) announces a share repurchase program. Under the plan, the company will repurchase up to 1,000,000 shares, representing 16.15% stake at ¥542 per share for ¥542 million. The company will repurchase its shares through off-floor treasury share purchase (ToSTNeT-3).

The purpose of the plan is to enable the accomplishment of a flexible capital policy in response to the changes in the business environment. As of September 30, 2013, the company has 6,188,484 shares outstanding excluding treasury and 700,316 shares in treasury.