Key Coffee Inc. (TSE:2594) announces a share repurchase program. Under the program, the company will repurchase up to 850,000 shares, representing 3.82% of its share capital, for ¥1,660.05 million. The company will repurchase its shares in order to improve capital efficiency, as well as implement a flexible capital policy which responds to changes in the business environment. The share repurchase program will run until March 30, 2018. As of February 1, 2018, the company had 22,230,960 shares outstanding (excluding treasury shares) and 458,040 shares in treasury.