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Kyorin to Reorganize Its Group Businesses in October.


Tokyo Tokyo (tō`kēō), city (1990 pop. 8,163,573), capital of Japan and of Tokyo prefecture, E central Honshu, at the head of Tokyo Bay. , Japan, Apr 21, 2006 - (JCN JCN Japan Corporate News
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JCN joint communications network (US DoD) 
) - On April 19, Kyorin announced a reorganization plan A scheme authorized by federal law and promulgated by the president whereby he or she alters the structure of federal agencies to promote government efficiency and economy through a transfer, consolidation, coordination, authorization, or abolition of functions.  for its group businesses.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the announcement, Kyorin will take over all operations regarding the four subsidiaries of Kyorin Pharmaceutical: Toyo Pharmer, Dr. Program, Bistner and Kyobundo.

With this move, Kyorin aims to improve its business efficiency and enhance the competitiveness of the Kyorin Group as a whole.

Copyright [c] 2006 Japan Corporate News Network. All rights reserved.
COPYRIGHT 2006 Japan Corporate News Network K.K.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:JCNN News Summaries
Date:Apr 21, 2006
Words:73
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