The Board of Directors of Koike Sanso Kogyo Co., Ltd. (TSE:6137) authorized a share repurchase program on August 6, 2012. Under the program, the company will repurchase 480,000, shares, representing 1.15% of its total outstanding shares, for ¥95.04 million. The company will pay ¥198 per share, which is the closing price of the company shares on August 6, 2012. The repurchases will be made in purchase consignment in the Tokyo Stock Exchange off-floor treasury share trading (ToSTNeT-3) in accordance with the provision of articles of incorporation from the regulations of Article 165 Clause 2 of the Company Law. The company is buying back its shares to implement a flexible capital policy corresponding to changes in the business environment. The shares will be repurchased on August 7, 2012. As of June 30, 2012, the company had 41,876,682 shares outstanding and held 3,352,650 shares in treasury.

Koike Sanso Kogyo Co., Ltd.'s share repurchase program expired on August 7, 2012. Under the program, the company repurchased 450,000 shares, representing 1.08% of its shares, for ¥89.1 million.