Defactostandard, Ltd. (TSE:3545) announces a share repurchase program. Under the program, the company will repurchase 80,000 shares, representing 1.75% of the outstanding shares for ¥120 million. Shares will be repurchased by market purchase based on a deal negotiation contract in relation to the acquisition of own shares. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until September 30, 2017. As of March 31, 2017, the company had 4,570,000 shares outstanding and 0 shares in treasury.