The Board of Directors of Kasai Kogyo Co., Ltd. (TSE:7256) authorized a share repurchase program on August 9, 2013. Under the program, the company will repurchase up to 1,000,000 shares, representing 2.62% at the closing price of ¥575 per share as on August 9, 2013, for JPY ¥575 million. The shares will be repurchased through the off-auction of the own shares procedure. The repurchases will take place on August 12, 2013.

Kasai Kogyo Co., Ltd.'s share repurchase program expired on August 12, 2013. Under the program, the company has repurchased 900,000 shares, representing 2.35% for ¥517.5 million.