Kozo Keikaku Engineering Inc. announces a share repurchase program. Under the program, the company will repurchase 20,000 shares, representing 0.42% of the outstanding shares, at ¥2,037 per share for ¥40.74 million. Shares will be repurchased from the Tokyo Stock Exchange Off-Auction Own Share Repurchase Trading (ToSTNeT-3). The purpose of the program is to enhance capital efficiency, enable the implementation of a flexible capital policy in response to changes in the business environment, and to improve shareholder returns. As of November 16, 2016, the company had 4,801,472 shares outstanding and 1,304,528 shares in treasury.