Sanko Co., Ltd. (TSE:6964) announces a share repurchase program. Under the program, the company will repurchase up to 50,000 shares, representing 5.25% total outstanding shares (excluding treasury shares) for ¥200 million. The company will make repurchases in order to make possible the pursuit of a dynamic capital strategy responsive to changes in the business world.

The repurchases will be made in accordance with article 156 in lieu of article 165, section 3 of the Companies Act. The repurchases program is valid till March 31, 2014. As of July 31, 2013, the company has 9,528,608 shares outstanding and 538,264 shares were held under treasury.