June 27, 2003

Takeda Chemical Industries, Ltd.

Takeda to Re-organize International Business into Regional Unit

OSAKA, JAPAN, June 27, 2003 --- Takeda Chemical Industries, Ltd. ("Takeda") announced today that its Pharmaceutical International Division is re-organized into three regional units such as Division of Americas, Department of Europe and Department of Asia, and each will operate independently.

Under the new organization, each business unit by region will directly report to the top management, and accordingly, the communication between the headquarters and overseas subsidiaries/affiliates is expected to become further effective to enhance Takeda's overseas operation, especially in the U.S., which holds the world's largest pharmaceutical market.

With this change, Takeda expects that it becomes more efficient to establish strategies and conduct operations, which is specific to each region based on the difference of business environment, market size of the U.S., Europe and Asia. At the same time, operational responsibility for each regional unit will become clearer.

On the other hand, other two departments in the Pharmaceutical International Division, namely, the Administration & Coordination Dept. and Product Management Dept. will be transferred to Corporate Strategy & Planning Dept. and Strategic Product Planning Dept. respectively.

Under the Medium-Term Management Plan for 2001-2005, Takeda has been challenging to become a world-class pharmaceutical company while achieving the independence of its non-pharmaceutical businesses. Takeda will continue its best and whole efforts for the completion of management tasks, to intensify the U.S. operation and creation of new products by efficient and speedy development process.

Takeda is a research-based global company with its main focus on pharmaceuticals. As the largest pharmaceutical company in Japan and one of the industry's leaders worldwide, Takeda is committed to strive toward better health for individuals and progress in medicine by developing superior pharmaceutical products.

[Takeda's overseas marketing companies]

U.S.	Takeda Pharmaceuticals North America, Inc.
	TAP Pharmaceutical Products Inc.
Europe	Laboratoires Takeda (France)
	Takeda UK Limited
	Takeda Italia Farmaceutici S.p.A.
	Takeda Pharma GmbH (Germany)
	Takeda Pharma Ges.m.b.H. (Austria)
	Takeda Pharma AG (Switzerland)
Asia	Tianjin Takeda Pharmaceuticals Co., Ltd. (China)
	Takeda Chemical Industries (Taiwan), Ltd.
	Boie-Takeda Chemical, Inc. (Philippines)
	Takeda (Thailand), Ltd.
	P.T. Takeda Indonesia

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