At Oishi Koseido, we continue to create social value by contributing to health promotion through trustworthy pharmaceuticals. This will be our guiding principle for the next 100 years.

This year marks 111 years of Oishi Koseido’s operation since its foundation in 1907. We will also reach the milestone of 70th anniversary as a corporation.

We would like to express our gratitude to our customers in the niche market of adhesive patches for their continued patronage.

Last year, we launched the slogan “Changes are chances” (turning changes into opportunities). Let us face the challenges in achieving our goals by pursuing offensive and defensive strategies. Let every department work hard to put the slogan into practice and let such pursuit continue to resonate in the future.

Major outcomes in the previous term include the construction of a new production building and successfully obtaining U.S. Food and Drug Administration (US FDA) approval of the ZTlido drug for treatment of postherpetic neuralgia. I believe that this fiscal year will be the year for Oishi Koseido to introduce the traditional Japanese patches and establish its presence in the global market. Furthermore, in the domestic market, we will continue to firmly respond to expectations of the ongoing government policy on domestic market share expansion of generic drugs. We will also focus on the conventional OTC market where we hope to provide satisfaction to consumers by providing high quality products.

Our slogan for this year is divided into three: to consider our Mission, to cultivate our Corporate Culture, and to consider the value of Time. Since a company is greatly changed with the growth (ways of thinking) of employees, I hope to make it a year wherein individual employee will think and act and be encouraged to be highly productive and to grow personally and professionally. Finally, I would like to express gratitude for your continued encouragement and support.

Oishi Koseido Co., Ltd.

Representative Director Kenichi Ito