Kozo Keikaku Engineering Inc. (JASDAQ:4748) announces a share repurchase program. Under the program, the company will repurchase 200,000 shares, representing 3.74% of the outstanding shares for ¥500 million. The purpose of the program is to enhance capital efficiency and enable the implementation of a flexible capital policy in response to changes in the business environment. The program will run until June 30, 2020. As of December 31, 2019, the company had 5,353,429 shares outstanding and 146,571 shares in treasury.