Suzuken Co., Ltd. announced that a meeting of its Board of Directors decided on a change in representative director as follows. Hiromi Miyata, currently Vice President and Executive Officer, now President and Chief Executive Officer and Hiroshi Ota, currently President and Chief Executive Officer, now Director and Advisor. Mr. Hiroshi Ota is scheduled to step down as a director and be appointed as an advisor to the company after completing his term as director at the conclusion of an Ordinary General Meeting of shareholders to be held at the end of June 2016.
Suzuken Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of pharmaceutical products. The Company operates in four business segments. The Pharmaceutical Wholesale segment sells pharmaceuticals, diagnostic drugs, and medical equipment and materials, among others. The Pharmaceutical Manufacturing segment manufactures pharmaceuticals and diagnostic drugs and others. The Insurance Pharmacy segment is engaged in dispensing operations based on prescriptions from medical institutions. The Medical-related Service and Others segment is engaged in the provision of manufacturer support services, such as the transportation of medicines and comprehensive support for the distribution of drugs for rare diseases; the nursing services; the manufacture of physiological examination equipment, such as electrocardiographic monitors and blood pressure monitors; as well as other services, such as the sale of medical books.