Kanseki Co., Ltd. authorizes a Buyback Plan.

KANSEKI CO., LTD. is a Japan-based company mainly engaged in the sale of home tools and products. The Company operates in four business segments. The Home Center segment is engaged in the operation of home centers that sell household goods, car and leisure goods, stationeries, food and other products. The WILD-1 segment is engaged in the sale of outdoor products. The Special Shop segment is engaged in the sale of recycle products and commercial food materials, as well as the operation of restaurants. The Store Development segment is engaged in the leasing and management of buildings and other real estate, as well as the operation of amusement facilities. The Company is also engaged in the real estate business and the insurance agency business.