The Board of Directors of Koike Sanso Kogyo Co., Ltd. (TSE:6137) authorized a share repurchase program on August 6, 2012. Under the program, the company will repurchase 480,000, shares, representing 1.15% of its total outstanding shares, for ¥95.04 million. The repurchases will be made at a price of ¥198 per share, which is the closing price of the company shares on August 6, 2012.