The Board of Directors of Ohishi Sangyo Co. Ltd. (FKSE:3943) authorized a share repurchase program on June 27, 2012. Under the program, the company will repurchase up to 500,000 shares, representing 5.88% of its issued share capital, for a total cost of up to ¥350 million. The company will make the repurchases in accordance with article 165, section 2 of the Companies Act. The purpose of the repurchase program is to pursue an agile capital strategy responsive to changes in the business world. The plan will commence on June 27, 2012 and will continue until the closing of the next General Shareholders' Meeting. As of June 27, 2012, the company has 8,498,832 shares outstanding and 829,168 shares held in treasury.

Ohishi Sangyo Co. Ltd.'s share repurchase program expired on June 26, 2013. Under the program, the company has repurchased 218,000 shares, representing 2.56% for ¥139.19 million.