The Board of Directors of Loginet Japan Co., Ltd. (SPSE:9027) authorized a share repurchase program on December 25, 2012. Under the program, the company will repurchase up to 135,000 shares, representing 1.09% of its outstanding share capital, at a price of ¥290 per share, for a total cost of ¥39.15 million. Repurchases will be made by a consignment through Off-Auction Own Share Repurchase Trading of the Sapporo Securities Exchange.

The repurchase program will be in accordance with the provisions of article 156 in lieu of article 165, section 3 of the Companies Act. The repurchase will take place on December 26, 2012.