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FOR IMMEDIATE RELEASE
December 20, 2002
Notice Concerning Subsidiary Dissolution
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Listed Stock Name : |
Eisai Co., Ltd. |
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Headquarters Location : |
4-6-10 Koishikawa, Bunkyo-ku, Tokyo |
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President and CEO : |
Mr. Haruo Naito |
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Securities Code : |
4 5 2 3 |
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Listed Locations : |
First Sections of the Tokyo Stock Exchange
& the Osaka Securities Exchange |
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Inquiries: |
Mr. Nobuo Deguchi
Vice President
Public Relations & Legal Affairs
Phone 81-3-3817-5190 |
Notice Concerning Subsidiary Dissolution
On December 20, 2002, the Board of Directors of Eisai Co., Ltd. resolved dissolution of Dymec Co., Ltd., a wholly-owned subsidiary of Clinical Supply Co., Ltd. which is subsidiary of Eisai Co., Ltd. Details are noted below.
| 1 . |
Summary of the Subsidiary Dissolved |
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Company Name: |
Dymec Co., Ltd. |
| Headquarters Location: |
2-24 Shiohama, Ichikawa-shi, Chiba Prefecture |
| Representative: |
Mr. Motohisa Hara (President and CEO) |
| Description of Operations: |
Medical instruments sales/production |
| Date of Incorporation: |
February 1995 |
| Capital: |
30 million |
| Major Shareholders: |
Clinical Supply Co., Ltd. 100% (Clinical Supply Co., Ltd. is a 84.8% owned subsidiary of Eisai Co., Ltd.) |
| 2 . |
Reason for Dissolution |
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Restructuring of operations of Clinical Supply Co., Ltd. |
| 3 . |
Date of Dissolution |
December 20, 2002 |
| 4 . |
Effect on Business Results |
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This dissolution will not have a material effect on the business results of Eisai Co., Ltd. |
Note: This non-official English translation is provided for reference purposes only.
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