Unicafe Inc. (TSE:2597) announces a share repurchase program. Under the program, the company will repurchase 1,700,000 shares, representing 12.28% of the outstanding shares for ¥1,623.5 million. Shares will be repurchased by through the Tokyo Stock Exchange Off-Auction Own Share Repurchase Program (ToSTNeT-3). The company will repurchase its shares in order to enable the implementation of a flexible capital policy in response to changes in the business environment. As of September 30, 2016, the company had 13,840,850 shares outstanding and 28,350 shares in treasury.