Takasago International Corporation (TSE:4914) announces a share repurchase program. Under the program, the company will repurchase 130,000 shares, representing 0.66% of the outstanding shares for ¥300 million. The purpose of the program is to enhance capital efficiency and to improve shareholder returns. The program will run until February 28, 2017. As of September 30, 2016, the company had 19,835,546 shares outstanding and 316,851 shares in treasury.