Branding Technology Inc. (TSE:7067) announces a share repurchase program. Under the program, the company will repurchase 111,100 shares, representing 6.88% of its share capital, for ¥100 million. The company will repurchase its shares in order to improve capital efficiency and enable the implementation of a flexible capital policy. The program will run until September 30, 2020. As of February 29, 2020, the company had 1,615,000 shares outstanding (excluding treasury shares) and 0 shares in treasury.