Lacto Japan Co., Ltd. (TSE:3139) announces a share repurchase program. Under the program, the company will repurchase up to 10,000 shares, representing 0.2% of its share capital, for ¥100 million. The company will repurchase its shares in order to implement a flexible capital policy, along with aiming to enhance shareholder returns and capital efficiency. The share repurchase program will run until July 15, 2019. As of November 30, 2018, the company had 4,896,444 shares outstanding (excluding treasury shares) and 56 shares in treasury.