Home > Newsroom > 2006 > Hitachi and Takeda to Establish "Hitachi Inspharma, Ltd." for Information System
Main contents starts here
February 20, 2006
Hitachi, Ltd
Takeda Pharmaceutical Company Limited
Hitachi and Takeda to Establish "Hitachi Inspharma, Ltd." for Information System Support for Takeda
Hitachi, Ltd. ("Hitachi", Tokyo, Japan, President & CEO: Etsuhiko Shoyama) and Takeda Pharmaceutical Company Limited ("Takeda", Osaka, Japan, President & COO: Yasuchika Hasegawa) announced today that both parties established a joint venture "Hitachi Inspharma, Ltd." for information system support in which Hitachi and Takeda owns 66% and 34% shares respectively.
The newly established company will start its operation on April 1, 2006, which is entrusted with the development and maintenance of Takeda's information system. The company will also develop information system packages and applications specific-cally designed for pharmaceutical industry, and it is aiming for the industry-wide expansion of that business in the future. Hitachi is now promoting this business as one of the fast growing business segments.
| Company Name | : | Hitachi Inspharma, Ltd. |
|---|---|---|
| Representative | : | President: Kimiro Migita |
| (Deputy General Manager, Kansai Area Operation, Hitachi) | ||
| Capital | : | 225 million yen (Hitachi: 66%, Takeda: 34%) |
| Hitachi will acquire Takeda's shares on April 1, 2008 | ||
| after the expiration of the joint venture period of two years. | ||
| Location of Head Office | : | Nishi-ku, Osaka |
| Date of Foundation | : | February 20, 2006 |
| Number of Employees | : | Approximately 80 |
| Sales (Forecast) | : | Approximately 4 billion yen (FY2006) |
Note: The basic agreement between Hitachi and Takeda regarding the establishment of this joint venture was announced by both parties on October 3, 2005.
# # #