The Board of Directors of Yoshitake Inc. (JASDAQ:6488) authorized a share repurchase program on December 7, 2012. Under the program, the company will repurchase up to 70,000 shares, representing 1.08% of its issued share capital, for a total cost of ¥46 million. Treasury shares will be acquired with consideration to the status of the company's finances, share value and to improve shareholder profits.

The plan will commence on December 10, 2012 and will continue until March 22, 2013. As of December 7, 2012, the company has 6,503,030 shares outstanding and 464,443 shares held in treasury.