Kawase Computer Supplies Co., Ltd. (TSE:7851) announces a share repurchase program. Under the program, the company will repurchase up to 57,000 shares, representing 1.19% of its outstanding shares excluding treasury shares, at a price of ¥240 per share, for a total of ¥13.68 million. Shares will be repurchased through Off-auction Own Share Repurchase trading method on Tokyo Stock Exchange.

The purpose of the program is to implement a flexible capital policy corresponding to changes in the business environment. As of March 31, 2014, the company has 4,778,753 shares outstanding excluding treasury shares and has 381,247 shares in treasury.