HIKARI TSUSHIN : Completion and Results of Share Repurchase

Notice of repurchase of shares

Press Release

March 17, 2016 HIKARI TSUSHIN, INC. (TSE First Section 9435)

Takeshi Tamamura, President and COO

Tel : [phone]

Completion and Results of Share Repurchase

Hikari Tsushin, Inc. announced details of repurchase of shares according to the resolution adopted at the Article 156 of the Companies Act of Japan as modified by Article 165, Paragraph 3 of the Act, the Company purchased its own shares as follows.

Below are the results of the share buyback initiated by Hikari Tsushin as was decided in February 12, 2016 board meeting. This marks the end of our share buyback.

Details of Repurchase:

(1) Share repurchases period	March 1, 2016 to March 17, 2016
(2) Type of shares repurchased	Common-stock
(3) Total number of shares repurchased	178,400shares
(4) Total cost of shares repurchased	¥1,477,821,000
(5) Method of repurchase	Market transaction on the Tokyo Stock Exchange

For Reference:

(1) Class of shares to be acquired	Shares of common stock of the Company
(2) Total number of shares to be acquired	(Not exceed) 500,000 shares
Ratio thereof to the total number of issued shares 1.06% (excluding shares of treasury stock)
(3) Aggregate acquisition prices of shares	(Not exceed) ¥3,000,000,000
(4) Acquisition period	February 15, 2016 through March 31, 2016

1. Details of Resolution Adopted at Board of Directors Meeting under the date of February 12, 2016

   
   

   (1) Total number of shares repurchased	373,300shares
   (2) Total cost of shares repurchased	¥2,999,655,000

2. Total treasury stock during the share repurchase period

   
   

   (1) Total number of shares (Excluding shares of treasury stock)	46,467,727 shares
   (2) Shares held as treasury stock	1,281,915 shares

3. The Company's treasury stock holdings as March 17, 2016