Ginza Renoir Co., Ltd. (JASDAQ:9853) announces a share repurchase program. Under the program, the company will repurchase up to 150,000 shares, representing 2.48% of its outstanding shares. The shares will be purchased at a purchase price of ¥899 per share for a total of ¥134.85 million.

The repurchases will be made through Own Shares from the Off-Auction Own Share Repurchase Trading (ToSTNeT-3). The purpose of the repurchase program is to enable the company to implement a flexible capital policy corresponding to changes in the business environment. As of September 30, 2015, the company had 6,048,478 shares outstanding excluding treasury shares and had 203,526 shares in treasury.