Kawase Computer Supplies Co., Ltd. (TSE:7851) announces a share repurchase program. Under the program, the company will repurchase up to 33,000 shares, at a price of ¥228 per share, for a total of 7.52 million. The shares represent 0.69% of its outstanding share capital.

Shares will be repurchased through Off-auction Own Share Repurchase trading method on Tokyo Stock Exchange. The purpose of the plan is to accomplish a flexible capital policy in response to the changes in the business environment. As of September 30, 2013, the company has 4,812,344 shares outstanding excluding treasury and 347,656 shares in treasury.