For Immediate Release
Company name: DAIICHI SANKYO COMPANY, LIMITED
Representative: Joji Nakayama, Representative Director, President and CEO
(Code no.: 4568, First Section, Tokyo Stock Exchange)
Please address inquiries to Noriaki Ishida, Executive Officer,
Vice President, Corporate Communications Department
Telephone: +81-3-6225-1126
http://www.daiichisankyo.com/
Daiichi Sankyo Announces Closure of Daiichi Sankyo Chemical Pharma Hiratsuka Plant
TOKYO, Japan (March 31, 2016) – Daiichi Sankyo Company, Limited (hereafter Daiichi Sankyo) today announced its decision to close the Hiratsuka plant owned by its subsidiary, Daiichi Sankyo Chemical Pharma Co., Ltd. (hereafter, DSCP).
1. Reason for Closure
In April 2015, the Daiichi Sankyo Group restructured domestic supply chain subsidiaries, aggregating API production within DSCP to further enhance business operations.
Subsequently, a comprehensive assessment toward making API production more efficient and more competitive on a global level led to the decision to close the DSCP Hiratsuka Plant.
2. Overview of DSCP and DSCP Hiratsuka Plant
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Trade name
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DAIICHI SANKYO CHEMICAL PHARMA CO., LTD.
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Head office
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3-5-1, Nihonbashi Honcho, Chuo-ku, Tokyo, Japan
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Plants
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Onahama, Tatebayashi, Hiratsuka, Odawara
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Capital
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50 million yen
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Representative
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Yoshinobu Ohshima, President
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Employees
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Approximately 630
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Main businesses
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Manufacture, contract manufacture of API and intermediates for Pharmaceutical, investigational drug substances.
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DAIICHI SANKYO CHEMICAL PHARMA CO., LTD. Hiratsuka plant
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Location
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4-4-8, Nishiyawata, Hiratsuka, Kanagawa, Japan
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Area
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59,479 m2
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Start of operations
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1962
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Plant manager
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Mitsuo Sugiyama
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Employees
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Approximately 150 (including Technology Department)
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Main production
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API and intermediates for Pharmaceutical, investigational drug intermediates
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3. Production items
DSCP Hiratsuka Plant production items will be transferred to other DSCP plants or outsourced.
4. Schedule (planned)
Mar. 2017 - DSCP Hiratsuka Plant production ends
Sep. 2017 - DSCP Hiratsuka Plant closes
5. Impact on business results
The financial impact of the closure of the DSCP Hiratsuka Plant on Daiichi Sankyo’s business results will be announced at an appropriate time in the future.