The Board of Directors of Chubu Suisan Co., Ltd. (NSE:8145) authorized a share repurchase program on June 13, 2013. Under the program, the company will repurchase up to 200,000 shares, representing 1.09% of its outstanding shares for ¥59.8 million. The repurchases will be made at a price of ¥299 per share, being the closing price of the shares as on June 13, 2013. The repurchases will be made by the Off Auction Own Share Repurchase Trading (N-NET3) on the Nagoya Stock Exchange. The purpose of the program is to make possible the pursuit of a dynamic capital strategy responsive to the changes in the business world. The shares will be repurchased pursuant to article 165, section 3 of the Companies Act. The repurchases will be made on June 14, 2013. As of June 13, 2013, the company has 18,423,781 outstanding shares excluding treasury and 1,545,219 shares in treasury.

Chubu Suisan Co., Ltd.'s share repurchase program expired on June 14, 2013. Under the program, the company has repurchased 188,000 shares, representing 1.02% for ¥56.21 million.