Nakanihon Kogyo Co., Ltd. (NSE:9643) announces a share repurchase program. Under the program, the company will repurchase up to 8,000 shares, representing 1.48% of the shares outstanding excluding treasury shares, at a price of ¥7,280 per share, for a total of ¥58.24 million. The purpose of the program is to implement a flexible capital policy corresponding to future changes in the business environment.

Repurchase will be made through purchase orders on the Nagoya Stock Exchange Off-Floor Transaction System (N-NET 3). Relevant purchase orders shall be within the relevant transaction period. As of March 31, 2014, the company had 538,799 shares outstanding excluding treasury shares and had 1,201 shares in treasury.