Japan Process Development Co., Ltd. (JASDAQ:9651) announces a share repurchase program. Under the program, the company will repurchase 180,000 shares, representing 1.86% of the outstanding shares for ¥141.3 million. The shares will be repurchased at a price of ¥785 per share. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment, and to improve shareholder returns. The program will expire on August 31, 2021. As of August 30, 2021, the company had 9,676,515 shares outstanding and 968,505 shares in treasury.