Takachiho Co.,Ltd. (JASDAQ:8225) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 2.1% of the outstanding shares, at ¥895 per share for ¥179 million. Shares will be repurchased through the Tokyo Stock Exchange Off-Auction Own Share Repurchase Trading (ToSTNeT-3). The purpose of the program is to enhance capital efficiency and to implement a flexible capital policy in response to changes in the business environment. As of August 31, 2016, the company had 9,537,943 shares outstanding and 633,857 shares in treasury.