Kawasumi Laboratories, Incorporated (TSE:7703) announces a share repurchase program. Under the program, the company will repurchase up to 1,300,000 shares, representing 5.96% of its share capital, at ¥717 per share for ¥932.1 million. The company will repurchase its shares from the viewpoint of improving its capital efficiency; along with avoiding the impact of Terumo Corporation's intention to sell its shares, to the supply and demand in the market. As of March 31, 2018, the company had 21,815,451 shares outstanding (excluding treasury shares) and 1,132,552 shares in treasury.