Dainippon Sumitomo Pharma: Impact of the Tohoku Earthquake
OSAKA, Japan, March 17, 2011 - Dainippon Sumitomo Pharma Co., Ltd. (Headquarters: Osaka, Japan; President: Masayo Tada; hereinafter called “DSP”) expresses its deepest sympathy for victims of the earthquake and our thoughts are with those personally affected by the Tohoku Earthquake, which devastated the region on March 11, 2011. DSP Group was affected by the earthquake as follows.
1. Regarding Employees DSP has confirmed that all of its and its affiliates’ employees are safe.
2. Production and Logistic Facilities Production facilities were not damaged. In Tokyo Distribution Center (Kazo, Saitama), DSP’s logistic hub in Eastern Japan, the operations are suspended because of the damage to a crane in the facility. DSP has already begun to restore operations, and is ready for shipping a few products today. As backup measures until full restoration of Tokyo Distribution Center, DSP uses Kobe Distribution Center (Kobe, Hyogo) and Osaka Distribution Center (Ibaraki, Osaka) to supply a gap and shipment to Eastern Japan has already started.
3. Marketing Activities Employees working at Kita-tohoku Branch, Minami-tohoku Branch, Ibaraki Branch and Kita-kanto Branch have been instructed to remain on standby at home with maintaining its top priority of securing the safety of its employees at the moment.
4. Impact on Business Performance DSP is currently assessing the impact of the earthquake upon its business performance and will quickly disclose pertinent information should it discover that its earnings are likely to be significantly impacted.
Company name: Dainippon Sumitomo Pharma Co., Ltd.
Representative: Masayo Tada, President
(Securities Codes: 4506, 1st Section of TSE and OSE)
Contact: Atsuko Higuchi, Director, Corporate Communications
Posted: March 2011