Tomoku Co., Ltd. (TSE:3946) announces a share repurchase program. Under the program, the company will repurchase up to 6,000,000 shares, representing 6.56% of its outstanding shares at ¥290 per share for ¥1,740 million. The company will repurchase its shares through Off-auction Own Share Repurchase. The purpose of the program is to promote growth strategy to maximize corporate value in anticipation of further growth in response to changes in the business environment. The program will be valid until August 8, 2016. As of June 30, 2016, the company had 91,424,832 shares outstanding and 5,283,010 shares in treasury.