ARTE Salon Holdings, Inc. (JASDAQ:2406) announces a share repurchase program. Under the program, the company will repurchase 70,000 shares, representing 0.7% of the outstanding shares, at ¥579 per share for ¥40.53 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. As of April 30, 2018, the company had 10,010,314 shares outstanding and 649,686 shares in treasury.