Press Releases

Fiscal 2003

October 23, 2003
Asahi Medical Co., Ltd.


Construction of plant in China for dialyzer assembly and plant in Nobeoka for hollow-fiber membrane production


Asahi Medical will construct a plant in Hangzhou, Zhejiang, China for assembly of APS™ polysulfone membrane dialyzers and a plant in the Okatomi district of Nobeoka, Miyazaki, Japan for the spinning of polysulfone hollow-fiber membranes. The new plants will bring a broad increase in production capacity for APS™ dialyzers.

Essentials of dialyzer assembly plant in China
Site:
  Hangzhou, Zhejiang, China.
Groundbreaking schedule:
  May 2004.
Lot area:
  34 thousand m2.
Production capacity:
  4 million modules/year.
Operational conformation:
  Wholly owned subsidiary of Asahi Medical.

Essentials of hollow-fiber membrane spinning plant in Nobeoka
Site:
  Okatomi district, Nobeoka, Miyazaki, Japan (Former grounds of Asahi Kasei Rayon Plant).
Groundbreaking schedule:
  January 2004.
Lot area:
  13 thousand m2.
Production capacity:
  Membranes for 4 million dialyzers/year.

Scale of investment
¥5 billion total (¥2 billion for assembly plant, ¥3 billion for membrane plant).

Operational context
The market for dialyzers, particularly polysulfone membrane dialyzers, is marked by sustained robust growth as advances in medical technology bring longer life expectancies and availability of facilities for dialysis treatment continues to rise throughout the world. Asahi Medical is Japan’s leading dialyzer producer, with capacity for 10 million polysulfone membrane dialyzers per year. The new plants will enable the company to keep pace with rising demand over the short term.

The two new plant sites comprise sufficient space to enable significant future expansion, and will play a leading role in Asahi Medical’s mid- to long-range plans to raise capacity to 30 million modules/year. The plant in China, the company’s first overseas production base, will form an important element in the expansion of global operations and heightened international competitiveness. The two new plants will also incorporate advanced production technology for enhanced productivity, and ongoing technological progress will provide a key impetus in the development and growth of operations.

The establishment of the two plants announced today will entrench Asahi Medical’s position as Japan’s leading dialyzer maker, and solidify its position as a world leader in the field. To further improve the quality of life available to dialysis patients, the company will continue R&D and investments which will bring advances in product quality and performance.

Corporate profile of Asahi Medical
President:
  Kenji Nakamae.
Establishment:
  July 24, 1974.
Paid-in capital:
  ¥800 million, wholly owned by Asahi Kasei Pharma Corporation (Asahi Kasei Pharma is wholly owned by Asahi Kasei Corporation).
Headquarters:
  9-1 Kanda Mitoshiro-cho, Chiyoda-ku, Tokyo, Japan.
Production facilities:
  Nobeoka Plant (spinning of hollow-fiber membranes for dialyzers), Oita Plant (assembly of dialyzers and other medical devices).
Employees:
  1500 (as of June 30, 2003).
Sales:
  ¥34.5 billion (year ended March 31, 2003).
Field of business:
  Development, production, and sale of dialyzers, leukocyte reduction filters for transfusion, plasmapheresis products, and other medical devices.

Dialyzer business overview
No. of chronic dialysis patients (as of December 31, 2002):
  1 million worldwide (230 thousand in Japan).
Dialyzer market scale (2003 estimate):
  100 million modules worldwide (34 million in Japan).
Asahi Medical market share (internal estimate for 2003):
  35% share in Japan (rank: 1).
18% share worldwide (rank: 3).
Principal dialyzer manufacturers:
  In Japan – Asahi Medical Co., Ltd., Nipro Corporation, Fresenius-Kawasumi Co., Ltd., Toray Medical Co., Ltd., Kuraray Medical Inc.
Overseas – Fresenius Medical Care AG (Germany), Gambro AB (Sweden), Baxter Healthcare Corporation (US).


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