The Board of Directors of Daito Electron Co., Ltd. (TSE:7609) authorized a share repurchase program on February 7, 2013. Under the program, the company will repurchase up to 60,000 shares at a price of ¥366 per share, for a total of ¥21.96 million. The repurchase will be made through Off-auction Own Share Repurchase Trading.

The repurchase will take place on February 8, 2013.