Fujisan Magazine Service Co.,Ltd. (TSE:3138) announces a share repurchase program. Under the program, the company will repurchase 60,400 shares, representing 1.89% of the outstanding shares for ¥50 million. The purpose of the program is to enable the implementation of a flexible capital policy in response to changes in the business environment as part of the shareholder return policy. As of April 30, 2021, the company had 3,196,641 shares outstanding and 118,979 shares in treasury.