News Release

Change in the Company Name (trade name) at DAIICHI FINE CHEMICAL CO., LTD.

March 16, 2015

Tokyo, Japan, March 16, 2015 --- DAIICHI FINE CHEMICAL CO., LTD. (President: Etsuo Ohshima, "DAIICHI FINE CHEMICAL"), a subsidiary of Kyowa Hakko Bio Co., Ltd. (President and CEO: Shuichi Ishino), will change its company name (trade name) to Kyowa Pharma Chemical Co., Ltd. Effective from October 1, 2015.

<Reason for change>

The reason for the company name change is to bring imaged business and company business close from the company name and to clarify the responsibilities of a member of the Kyowa Hakko Kirin group in order to enlarge its business among pharmaceutical field.

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Company profile of DAIICHI FINE CHEMICAL
Founded date October 1, 1946
Location 530 Chokeiji, Takaoka, Toyama, JAPAN
President Etsuo Ohshima
Paid up capital 6,276 million JPY
Shareholders Kyowa Hakko Bio Co., Ltd. (100%)
Sales 13.3 billion JPY (2014)
Line of business Manufacture and sale of active pharmaceutical ingredients and pharmaceutical intermediates.
Employees 358 (as of December 31, 2014)
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