The Board of Directors of Matsumoto Yushi Seiyaku Co., Ltd. (JASDAQ:4365) authorized a share repurchase program on January 22, 2013. Under the program, the company will repurchase up to 1,100,000 shares, representing 10.81% of its outstanding shares at a price of ¥1,840 per share for ¥2.02 billion. The shares will be repurchased from the Osaka Securities Exchange Treasury Shares Acquisition Trading in the J-NET Market. The purpose of the program is to enable the implementation of a flexible capital policy corresponding to the changes in the business environment. The repurchases will be made on January 23, 2013. As of January 22, 2013, the company has 10,177,296 outstanding shares excluding treasury and 1,104,333 shares in treasury.

Matsumoto Yushi Seiyaku Co., Ltd.'s share repurchase program expired on January 23, 2013. Under the plan, the company repurchased 1,006,500 shares, representing 9.89% of its outstanding shares at a price of ¥1,840 per share for ¥1.85 billion.