The Board of Directors of OBIC Business Consultant Co., Ltd. (TSE:4733) authorized a share repurchase program on April 25, 2012. Under the program, the company will repurchase up to 200,000 shares, representing 1.06% of its issued share capital, for a total cost of up to ¥800 million. The purpose of the repurchase program is to make it possible to pursue a flexible capital strategy to cope with changes in the business world. The plan will commence on April 26, 2012 and will continue until September 30, 2012. As of April 25, 2012, the company has 18,838,498 shares outstanding and 1,337,502 shares held in treasury.

OBIC Business Consultant Co., Ltd.'s share repurchase program expired on September 30, 2012. Under the program, the company has repurchased 47,250 shares, representing 0.25% for ¥179.28 million.