Toyo Tec Co. Ltd. (TSE:9686) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 1.86% of its share capital, at ¥1,248 per share for ¥249.6 million. The company will repurchase its shares in order to enhance shareholder returns and improve capital efficiency. As of June 30, 2018, the company had 10,754,007 shares outstanding (excluding treasury shares) and 685,993 shares in treasury.