The Board of Directors of Soko Seiren Co. Ltd. (OSE:3578) authorized a share repurchase program on May 29, 2012. Under the program, the company will repurchase up to 1,000,000 shares, representing 13.07% of its issued share capital, for a total cost of ¥150 million. The repurchases will be done in Osaka Securities Exchange. The repurchases will be done based on the stipulations of paragraph 3, Article 165, of Japan's Corporate Law, as interpreted in lieu of Article 156 of Japan's Corporate Law. The purpose of the repurchase program is to enable the implementation of a flexible capital policy corresponding to changes in the business environment. The plan will commence on June 1, 2012 and end on August 31, 2012. As of May 29, 2012, the company has 7,652,289 shares outstanding and no shares in treasury.

Soko Seiren Co. Ltd.'s share repurchase program expired on August 31, 2012. Under the plan, the company repurchased 512,000 shares, representing 6.69% of its issued share capital, for a total cost of ¥73.18 million.