Nippon Pillar Packing Co., Ltd. (TSE:6490) announces a share repurchase program. Under the program, the company will repurchase up to 350,000 shares at a price of ¥1,069 per share for ¥374.15 million. The shares will be repurchased through the off-auction own share repurchase method (ToSTNeT-3).

The purpose of the program is to implement a flexible capital policy in response to the changes in the business environment.