Share Buyback

May 20, 2011
Matsuda Sangyo Co., Ltd.

Share Buyback
(Share buyback pursuant to the provisions of Article 165, Paragraph 2 of the Corporation Law of Japan)

    On May 20, 2011, the Board of Directors of Matsuda Sangyo Co., Ltd. decided to repurchase its own shares pursuant to Article 156 of the Corporation Law as applied pursuant to Article 165, Paragraph 3 of the Corporation Law.

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