The Board of Directors of Kawase Computer Supplies Co. Ltd. (OSE:7851) authorized a share repurchase program on February 27, 2013. Under the program, the company will repurchase up to 25,000 shares, representing 0.52% of its issued share capital (excluding treasury shares), at a fixed price of ¥230 per share, for a total cost of ¥5.75 million.

The repurchases will be done in the Osaka Securities Exchange J-NET treasury. The purpose of the repurchase program is to implement a flexible capital policy which supports changes in the business environment. Repurchases will be made on February 28, 2013.

As of February 27, 2013, the company has 4,838,240 shares outstanding (treasury shares excluded) and 321,760 shares held in treasury.