Nippon Shinyaku Co., Ltd. is a Japan-based company principally involved in the manufacture and sale of pharmaceutical products and functional foodstuffs. The Company has three business segments. The Pharmaceutical segment is involved in the manufacture, sale and clinical development businesses of pharmaceuticals. The Functional Foodstuff segment involves in the manufacture and sale of functional foodstuffs. The Others segment is involved in the non-life insurance agency business, as well as the provision of real estate leasing services. As of March 31, 2012, the Company had three consolidated subsidiaries and one nonconsolidated subsidiary