Taiyo Kisokogyo Co.,Ltd. (JASDAQ:1758) announces a share repurchase program. Under the program, the company will repurchase up to 30,000 shares, representing 0.85% of the outstanding shares excluding treasury shares, at a price of ¥942 per share for a total of ¥28.26 million. The company will repurchase its shares through Off-Auction Own Share Repurchase Trading (ToSTNeT-3) on the Tokyo Stock exchange.

The purpose of the program is to enable the company to implement a flexible capital policy corresponding to the changes in the business environment. As of July 31, 2014, the company had 3,524,924 shares outstanding excluding treasury shares and had 573,076 shares in treasury.