The Board of Directors of Nakamuraya Co., Ltd. (TSE:2204) authorized a share repurchase program on January 31, 2013. Under the program, the company will repurchase up to 430,000 shares, at a price of ¥415 per share, for a total cost of ¥178.45 million. The shares will be repurchased using off-auction own share repurchase method.

The repurchases will be made on February 1, 2013.