Nippon Shindo Company, Limited (TSE:5753) announces a share repurchase program. Under the program, the company will repurchase up to 90 shares. The purchase price is the closing price of the company's common shares in Tokyo Stock Exchange on the date of the purchase. The company is repurchasing its shares following a reverse share-split (consolidation of 10 shares to 1 share), based on the resolution of the 93rd ordinary General Meeting of shareholders last June 27, 2016.