AJIS Co., Ltd. (JASDAQ:4659) announces a share repurchase program. Under the program, the company will repurchase 80,000 shares, representing 1.67% of its common stock, for a total cost of ¥160 million. The company is repurchasing its shares to implement the acquisition of own shares in order to make possible the pursuit of a dynamic capital policy responsive to changes in the business climate.

The repurchases will be made in accordance with article 156 in lieu of article 165, section 3 of the Companies Act. The program will run till March 31, 2015. As of November 30, 2014, the company had 4,781,570 shares outstanding (excluding treasury shares) and held 604,030 shares in treasury.