Tori Holdings Co., Ltd. (TSE:5856) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, representing 10.7% of its outstanding shares for ¥700 million. The purpose of the plan is to enhance capital efficiency and implement a flexible capital policy corresponding to changes in the business environment, through the acquisition of own shares.

The program will be valid until March 24, 2015. As of December 31, 2014, the company has 93,485,684 shares outstanding and 116 shares in treasury.