Hiraki Co., Ltd. (TSE:3059) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 1.02% of its total shares outstanding excluding treasury shares, for a total of ¥3,005 million. The company will make market purchase including the Off-Floor Transaction System.

The purpose of the repurchase program is to make possible the pursuit of a dynamic capital policy responsive to changes in the business climate as well as putting efforts into raising capital efficiency. The repurchases will be in accordance with article 156 in lieu of article 165, section 3 of the Companies Act. The share repurchase program is valid until January 31, 2015.

As of November 7, 2014, the company has 4,880,970 shares outstanding excluding treasury shares and has 274,630 shares in treasury.