Chuou International Group Co., Ltd. (TSE:7170) announces a share repurchase program. Under the program, the company will repurchase up to 100,000 shares, representing 3.17% of its share capital, for ¥30 million. The company will repurchase its shares based on its articles of incorporation in order to enable the implementation of a flexible capital policy which responds to changes in the business environment. The share repurchase program will run until July 31, 2018. As of January 10, 2018, the company had 3,151,760 shares outstanding (excluding treasury shares) and 186,200 shares in treasury.