For Immediate Release
Company name: DAIICHI SANKYO COMPANY, LIMITED
Representative: Takashi Shoda, President and Representative Director
(Code no.: 4568, First Section, Tokyo, Osaka and Nagoya Stock Exchanges)
Please address inquiries to Toshio Takahashi, Corporate Officer in Charge,
Corporate Communications Department
Telephone: +81-3-6225-1126
http://www.daiichisankyo.co.jp/
Sankyo to Transfer All Shares of MEGURO CHEMICAL INDUSTRY
Sankyo Co., Ltd. of Daiichi Sankyo Group (President: Yasuhiro Ikegami, hereafter "Sankyo") and ROHTO Pharmaceutical Co., Ltd. (President: Kunio Yamada; hereafter "ROHTO") have agreed to transfer to ROHTO all shares of MEGURO CHEMICAL INDUSTRY COMPANY LIMITED (President: Takashi Katayama; hereafter "MEGURO"), a subsidiary of Sankyo.
MEGURO will develop their business for further growth in future as a wholly-owned subsidiary of ROHTO.
The effect that this share transfer will have on Daiichi Sankyo's business performance after the fiscal year ended March 2007 will be disclosed at a later date.
| 1. |
Planned Dates of Share Transfer |
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Conclusion of Share Transfer Agreement |
February 26, 2007 |
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Share Transfer |
March 22, 2007 |
| 2. |
Outline of the Companies Involved |
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(1) |
MEGURO CHEMICAL INDUSTRY COMPANY LIMITED
Location of Head Office: 2-17-17 Meguro Honcho, Meguro-ku Tokyo
Date Established: July 21, 1954
Representative: Takashi Katayama
Capital: 40 million yen
Sales: 3,533 million yen (Fiscal year ended March 2006)
Number of Employees: 282(as of February 2007)
Major Businesses: Contracted manufacture of pharmaceutical products, quasi-drugs, cosmetics, health foods and others |
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(2) |
ROHTO Pharmaceutical Co., Ltd.
Location: 1-8-1 Tatsumi-nishi, Ikuno-ku, Osaka
Date Established: September 15, 1949 (Originally founded: February 22, 1899)
Representative: Kunio Yamada
Capital: 5,409 million yen
Sales: 85,854 million yen (On a consolidated basis, Fiscal year ended March 2006)
Number of Employees: 2,265 (On a consolidated basis, Fiscal year ended March 2006)
Major Businesses: Manufacture and marketing of pharmaceutical products, cosmetics and functional foods |
End