The Board of Directors of HIRAKI CO., LTD. (TSE:3059) authorized a share repurchase program on August 3, 2012. Under the program, the company will repurchase up to 50,000 shares, representing 1.02% of its outstanding share capital (excluding treasury shares), for a total cost of up to ¥30 million. Repurchases will be made between August 6, 2012 and November 30, 2012.

As of August 3, 2012, the company has 4,888,800 shares outstanding (excluding treasury shares) and 266,800 shares held in treasury.