K.R.S.Corporation (TSE:9369) announces a share repurchase program. Under the program, the company will repurchase up to 250,000 shares, representing 1.97% of its outstanding shares excluding treasury shares for ¥360 million. The repurchases will be made on the market including the Off-Auction Own Share Repurchase Trading (ToSTNeT-3).

The purpose of the program is to implement a flexible capital policy corresponding to the changes in the business environment and to improve capital efficiency and shareholders' value. The program will be valid till May 31, 2015. As of November 30, 2014 the company had 12,668,856 outstanding shares excluding treasury and 9,044 shares in treasury.