Mirai Industry Co.,Ltd. (NSE:7931) announces a share repurchase program. Under the program, the company will repurchase up to 840,000 shares, representing 3.4% of the shares outstanding excluding treasury shares, at a price of ¥1,780 per share, for a total of ¥1,495.2 million. The company will consign the purchases in the Nagoya Stock Exchange's treasury share off-hours purchase system (N-NET3).

The purpose behind the program is to implement a flexible capital policy that is responsive to changes in the business environment. Repurchases will be in accordance with the regulations of Article 459 Paragraph 1 Item 1 of the Companies Act. As of March 20, 2015, the company had 24,711,997 shares outstanding excluding treasury shares and had 895,089 shares in treasury.