Hiramatsu Inc. (TSE:2764) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 4.44% of its share capital, for ¥1,000 million. The company will repurchase its shares in order to implement a flexible capital policy which responds to changes in the business environment, and to return medium- to long-term profits to all shareholders. The share repurchase program will run until December 28, 2018. As of May 11, 2018, the company had 48,604,200 shares outstanding and 3,589,639 shares in treasury.