The Board of Directors of NITTO SEIKO CO., LTD. (TSE:5957) authorized a share repurchase program on November 29, 2012. Under the program, the company will repurchase up to 400,000 shares, representing 1.03% of the total number of outstanding shares excluding treasury shares. The repurchase will amount to ¥100 million. The purpose of the program is to implement a flexible capital policy in compliance with changes in business environment. The repurchases will commence on November 30, 2012, and will end on December 20, 2012. As of October 31, 2012, the company had 38,719,679 shares outstanding excluding treasury shares and had 1,265,338 shares in treasury.
NITTO SEIKO CO., LTD. completed the share repurchase program on December 11, 2012. Under the program, the company has repurchased 400,000 shares, representing 1.03% for ¥95.01 million.
NITTO SEIKO CO., LTD. is a manufacturer of industrial fasteners and tools, industrial and precision machinery, as well as measuring and control equipment. The Company operates in three business segments. The Fastener segment offers precision screw parts, special cold-headed parts and industrial fasteners. The Industrial Machinery segment offers automatic assembly systems, including free cycle conveyors, automatic screw fastening machines, automatic rivet caulking machines, assembly robots and other industrial machinery. The Control segment offers flow meters, high performance inspection sorting equipment, automatic penetration testing machine for geological survey, micro bubble washing equipment.
NITTOSEIKO CO.,LTD. 
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