Sougou Shouken CO., Ltd. (JASDAQ:7850) announces a share repurchase program. Under the program the company will repurchase up to 20,000 shares, representing 0.68% at ¥520 per share for a total of ¥10.4 million. The company will make repurchases through ToSTNeT-3 of the Tokyo Stock Exchange.

The purpose of the program is to enable the improvement of the capital efficiency and the execution of a flexible capital policy in response to the changes in the business environment. As of January 20, 2014, the company has 2,955,548 outstanding shares and 104,562 shares in treasury.