ITOCHU-SHOKUHIN Co., Ltd. (TSE:2692) announces a share repurchase program. Under the program, the company will repurchase 150,000 shares, representing 1.17% of the outstanding shares, at ¥3,990 per share for ¥598.5 million. Shares will be repurchased in the Tokyo Stock Exchange Off-Auction Own Share Repurchase Trading (ToSTNeT-3). The purpose of the program is to enhance capital efficiency and to implement a flexible capital policy corresponding to changes in the business environment. As of March 31, 2016, the company had 12,837,507 shares outstanding and 195,183 shares in treasury.