Sanyei Corporation (JASDAQ:8119) announces an share repurchase program. Under the program, the company will repurchase up to 117 shares for ¥ 0.31 million. The company will repurchase its fractional shares at the closing price in the Tokyo Stock Exchange on October 1, 2013.

In case no trading on October 1, 2013, then the repurchases will be made at the first sale transaction established price. The company will out the 5:1 share reverse share split on October 1, 2013, and will repurchase the resulting fractional shares from the reverse share split. Repurchases will be based on the Companies Act Article 235 Paragraph 2 and Article 234 Paragraphs 4 and 5. Repurchase will take place on October 1, 2013.