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Nihon Kohden to reorganize its group companies in India

June 13, 2017

Nihon Kohden Corporation announced today that Span Nihon Kohden Diagnostics Pvt. Ltd., one of its subsidiaries to manufacture and provide hematology reagents in India, was absorbed and merged into Nihon Kohden India Pvt. Ltd. on May 4, 2017. 
Nihon Kohden established Span Nihon Kohden Diagnostics as a joint venture with Span Diagnostics Ltd. in 2008 and acquired 100% ownership of Span Nihon Kohden Diagnostics in 2015. The Company will further expand its hematology business in India by unifying both the hematology instruments and its reagents business through this reorganization. Nihon Kohden will continue to enhance and expand its overseas business by strengthening its local business structure and providing high quality medical devices and consumables. 
The effect of this reorganization on the consolidated results for the fiscal year ending March 31, 2018 will be minor. 

[Outline of Nihon Kohden India]
Name Nihon Kohden India Pvt. Ltd.
Address
Sales            308, Tower A, Spazedge, Sector 47, Sohna Road, 
                     Gurgaon-122 002 Haryana, India
Production    Plot No. 5531, Road No. 55, G.I.D.C., Sachin,
                     Surat-394 230, Gujarat, India
Type of business
Sales of medical devices
Production and sales of hematology reagents
Representative Hirotsune Kobayashi