Micronics Japan Co., Ltd. (TSE:6871) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 2.57% of its share capital, for ¥720 million. The company will repurchase its shares in order to enhance shareholder returns and implement a flexible capital policy which responds to changes in the business environment. The share repurchase program will run until December 20, 2018. As of September 30, 2018, the company had 38,955,168 shares outstanding (excluding treasury shares) and 1,070,148 shares in treasury.