Douzone Bizon Co., Ltd. (KOSE:A012510) announces a share repurchase program. Under the program, the company will repurchase up to 220,000 shares. The purpose of the program is to increase shareholder value. The program will expire on August 15, 2018. As of May 14, 2018, the company had 400,000 shares in treasury within scope available for dividend and had 120 shares in treasury through other repurchase.