HYPER Inc. (JASDAQ:3054) announces a share repurchase program. Under the plan, the company will repurchase up to 128,000 shares, representing 3% of its issued share capital after excluding treasury shares, for a total of ¥70 million. The purpose of the repurchase program is to improve the capital efficiency and to implement a flexible capital policy in response to changes in the business environment.

The shares will be repurchased until March 24, 2016. As of February 23, 2016, the company has 4,268,312 shares outstanding excluding treasury shares and has 88 shares in treasury.