Corporate
Mediceo Paltac was founded in October 1898 and incorporated in May 1923. It is a leading Japanese healthcare and wellness company distributing specialized medical care, health and beauty products. At present Mediceo Paltac Holdings Co. Ltd. Comprises of 39 consolidated subsidiaries and 5 affiliates.Activities
Mediceo Paltac is primarily a wellness company and its main line of business is wholesale trade in:- Ethical drugs
- Over-the-counter (OTC) pharmaceuticals
- Medical equipment
- Reagents and other pharmaceuticals products
- Other medical related businesses
Performance
In Fiscal 2006 Mediceo Paltac recorded revenues of ¥ 1,921,713 million which was 15.4 % higher than what it was in the last fiscal.
Growth in revenue over the last 3fiscals (In million ¥)
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Medco Paltac recorded a net income of ¥ 20,843 million in Fiscal 2006 which was 138.8 % higher than what it was in the last fiscal.
Mediceo Paltac’s total assets were worth ¥ 993,491million in Fiscal 2006 which was 17.1 % higher than what it was in the last fiscal.  |
Head offices are located at:Tokyo Head Office7-15, Yaesu 2-chome, Chuo-ku, Tokyo 104-8461 Japan Tel: 81-3-3517-5800 Kobe Head Office 1-7, Isobedori 3 chome, Chuo-ku Kobe Hyogo 651 8575 Japan Tel: 81-78-230-5566 Website: www.medeiceo-paltac.co.jp |
Strategic consolidation
Mediceo Paltac’s new area of priority is the OTC products business which the company felt would help it retain its position in a changing market. Therefore Mediceo Paltac decided to consolidate its position by increasing its share of the drugstore market where there is enough scope of growth. This is a paradigm shift in Mediceo Paltac’s traditional manufacturer-centered approach toward a more contemporary customer-centered one and the company rightly feels that with this new focus it will go a long way in staying on top in its business segment.Organization
Mediceo Paltac is headed by Mr. S. Kumakura who is the President and CEO of the company.Mediceo Paltac employs over 799 people.
