Daito Koun Co., Ltd. (JASDAQ:9367) announces a share repurchase program. Under the plan, the company will repurchase up to 550,000 shares, representing 5.86% of its outstanding shares excluding treasury shares at the company's closing share price on August 7, 2015 of ¥396 per share, for up to ¥217.8 million. The purpose of the program is to enhance capital efficiency and implement a flexible capital policy corresponding to changes in the business environment.

As of July 31, 2015, the company had 9,383,757 shares outstanding shares excluding treasury shares and 5,243 shares in treasury.