Ohishi Sangyo Co., Ltd. (FKSE:3943) announces a share repurchase program. Under the plan, the company will repurchase up to 500,000 shares, representing 6.24% of outstanding shares (excluding treasury shares) for ¥350 million. The shares will be repurchased in order to implement a flexible capital policy corresponding to changes in the business environment.

The program will be valid till next regular shareholders' meeting. As of June 25, 2015, the company has 8,018,641 outstanding shares (excluding treasury shares) and 1,309,359 shares were held under treasury.