Matsuoka Corporation (TSE:3611) announces an share repurchase program. Under the program the company will repurchase 300,000 shares, representing 2.98% of the outstanding shares, at ¥2,594 per share for ¥778.2 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment. As of September 30, 2020, the company had 10,058,404 shares outstanding and 996 shares in treasury.