Kimura Chemical Plants Co., Ltd. (TSE:6378) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 4.86% of its share capital, for up to ¥5,000 million. The purpose of the repurchase program is to enable the company to implement a flexible capital policy corresponding to changes in the business environment.

The plan will expire on March 24, 2015. As of January 31, 2015, the company had 20,580,222 shares outstanding excluding treasury shares and had 19,778 shares in treasury.