Sugimura Warehouse Co., Ltd. (TSE:9307) announces a share repurchase program. Under the program, the company will repurchase 80,000 shares, representing 0.49% of its share capital, for ¥27 million. The company will repurchase its shares in order to implement a flexible capital policy in response to changes in the business environment. The program will run until June 19, 2020. As of March 31, 2020, the company had 16,307,163 shares outstanding (excluding treasury shares) and 66,947 shares in treasury.