The Board of Directors of Bell-Park Co. Ltd. (JASDAQ:9441) authorized a share repurchase program on February 13, 2013. Under the program, the company will repurchase up to 200,000 shares, representing 3.02% of its issued share capital, for a total cost of up to ¥400 million.

Repurchases will be made in Osaka Securities Exchange JASDAQ through trust method. The purpose of the repurchase program is to implement a flexible capital policy which supports changes in the business environment. The plan will commence on February 14, 2013 and will continue until August 30, 2013.

As of February 13, 2013, the company has 6,613,600 shares outstanding and 100,000 shares held in treasury.