Report on Stock Repurchase

February 1, 2012

To All Stakeholders:

Company: USS Co., Ltd.
President and CEO: Yukihiro Ando
Stock code: 4732
Stock exchange listings: Tokyo and Nagoya (first sections)
Tel: +81-52-689-1129
Contact: Masafumi Yamanaka
Junior Managing Director, Officer, Supervisory Office

Report on Stock Repurchase
(Treasury stock repurchase based on the Articles of Incorporation as stipulated by Article 165, Paragraph 2 of the Company Act)

USS repurchased its own shares as follows in accordance with the resolution approved at the meeting of the Board of Directors held on November 8, 2011. The resolution was approved pursuant to the provisions of Article 156 of the Company Act, which has been re-interpreted and applied in accordance with Article 165, Paragraph 3 of the same act.

1.	Type of shares	Common shares
2.	Period of repurchase	From January 1, 2012 to January 31, 2012
3.	Total number of shares repurchased	161,030 shares
4.	Aggregate value of shares repurchased	1,159,655,187 yen
5.	Method of repurchase	Purchased on the Tokyo Stock Exchange

Details of the resolution of the Board of Directors approved on November 8, 2011

(1)	Type of shares to be repurchased: USS common shares
(2)	Total number of shares authorized for repurchase: Up to 1,000,000 (3.58% of shares issued, excluding treasury shares)
(3)	Total value of shares authorized for repurchase: Up to 6,800 million yen
(4)	Method of repurchase: Open market purchase
(5)	Period of repurchase: From November 9, 2011 to March 23, 2012

Total number of shares repurchased in accordance with the resolution of the Board of
Directors (as of January 31, 2012)

(1)	Aggregate number of shares repurchased		568,480 shares
(2)	Aggregate value of shares repurchased		3,902,420,782 yen