Nippon Thompson Co., Ltd. (TSE:6480) announces a share repurchase program. Under the program, the company will repurchase 730,000 shares, representing 1% of the outstanding shares for ¥400 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and to improve shareholder profits by enhancing capital efficiency. The program will run until December 31, 2016. As of June 30, 2016, the company had 72,699,191 shares outstanding and 802,234 shares in treasury.