The Board of Directors of Rikengreen Co. Ltd. (JASDAQ:9992) authorized a share repurchase program on March 15, 2013. Under the program, the company will repurchase up to 60,000 shares, representing 0.91% of its outstanding shares for ¥16.8 million. The shares will be repurchased at a price of ¥280 per share as per the closing share price as on March 15, 2013. The repurchases will be made through the Osaka Securities Exchange J-NET market. The purpose of the program is to enable the implementation of a flexible capital policy which supports the changes in the business environment. The shares will be repurchased pursuant to the provision of articles of incorporation from the regulations of Article 165 Clause 2 of the Company Law. The shares will be repurchased on March 18, 2013. As of March 15, 2013, the company has 6,559,953 outstanding shares excluding treasury and 131,347 shares in treasury.

Rikengreen Co. Ltd. completed the share repurchase program on March 18, 2013.