Takeuchi Mfg. Co., Ltd. (TSE:6432) announces a share repurchase program. Under the plan, the company will repurchase up to 1,250,000 shares, representing 2.55% of share capital for ¥2,500 million.

The purpose of the repurchase program is to enable the company to implement a flexible capital policy in response to change in the business environment. The shares will be repurchased until August 31, 2016.