Head Office 9-1, Shinmatsudo-Higashi, Matsudo-shi, Chiba Phone: URL

Transcription

1 2005 Head Office 9-1, Shinmatsudo-Higashi, Matsudo-shi, Chiba Phone: URL

2 Namio Matsumoto President Matsumotokiyoshi Co., Ltd. ( the Company ) originates from the privately-run Matsumoto Drugstore founded by Kiyoshi Matsumoto in Kogane, Matsudo city, Chiba in The present Matsumotokiyoshi drugstores firmly maintain the founder s spirit of good service to constantly seek customer satisfaction with its motto of providing quality products at low prices, without being shackled by stereotypical mind-set. This spirit combines the volume purchase system with the chain store theory earned by the founder in the United States. In August 1990, the Company listed on the over-the-counter market. In August 1999, the Company listed on the First Section of the Tokyo Stock Exchange, and subsequently consolidated its status as Japan s largest drugstore in terms of sales. In 1981, the number of the Company s stores totaled 100. In July 1987, the Company opened its 250th store in Ueno Ameyoko, Tokyo, incorporating a totally new concept of urban drugstore. The success of this store, boosted in part by the morning shampoo boom in Japan, established a basis for further growth of the urban drugstore chain, accelerating the founding of a series of Matsumotokiyoshi drugstores in the Tokyo metropolitan area. In August 1995, the Company established its 378th outlet of Shibuya Part 1 Store in central Tokyo. At that time, the new store often appeared on TV and magazines as the Shibuya district was becoming a source of mass-media information. An article in women s weekly magazine introduced the drugstore, referring to the phrase Matsukiyo suru (go shopping at Matsumotokiyoshi). Since abbreviations were considered trendy at that time, Matsumotokiyoshi became known throughout Japan by word of mouth and mass media by the pet name of Matsukiyo. T O P M E S S A G E In April 1996, the Company began TV commercials so that people throughout the nation would become familiar with the drugstore business and at the same time improve the brand image of Matsumotokiyoshi. In March 2001, the number of the Company s chain stores reached 500. In February 2001, organizational reform was implemented to integrate the marketing and operational functions of the Drugstore Division and the Supermarket Division. Under this new structure, the Company launched a medium-term management plan to increase the number of stores to 1,000 nationwide by March 2008: the number of stores throughout the Kanto region to 900 and other regions throughout Japan to 100, mainly in cities with populations of at least 200,000, centering on shopping districts and railway stations with shopping complex. The Company will strive to become Japan s No. in the industry by establishing stores and running operations with the purpose of satisfying customers, upholding the motto of friendly stores and the founder s spirit of sincerity with affectionate services as its basic principle. New store-openings in fiscal year 2004 The Company opened 67 Matsumotokiyoshi drugstores in fiscal year 2004: 27 stores in first half and 40 stores in second half. The geographic distribution of the new stores is 1 in Hokkaido, 2 in Tohoku, 49 in Kanto, 2 in Koshinetsu, 2 in Tokai, 5 in Kinki, 3 in Chugoku and 3 in Kyushu. Currently, Matsumotokiyoshi drugstores are located in 27 prefectures, including Nagano, which had 2 new stores. For fiscal year 2005, ending March 2006, the Company plans to establish 80 to 90 new stores (suburban-type stores: 50%; urban-type stores: 50%). The Company also plans to set up franchised stores. Business partnership and M&As The Company achieved the establishment of 500 stores in fiscal year ended March 2001, and now aims at establishing the Matsumotokiyoshi Group throughout Japan by March 2008, by which the Company also targets at running 1,000 stores and sales of 500 billion. The Company is making its utmost to increase the Group s net sales to 1 trillion by the year through March 2008, comprising of a total of 500 billion in its own sales and 500 billion in sales from tie-up operations. As the first case of business alliance, the Company formed a business partnership with Takada Pharmaceutical Co., Ltd. in Shizuoka on May 30, Since then, the Company has established business links with a total of 13 companies: Yokohama Pharmacy Co., Ltd. in Aomori ; Drug Fujii Co., Ltd. in Toyama ; Sapporo Drug Store Co., Ltd. in Hokkaido ; Natural Co., Ltd. in Fukuoka ; Shimizu Drug Co., Ltd. in Kyoto ; Koyo Yakuhin Co., Ltd. in Osaka ; Itayamamedico Co., Ltd. in Yamanashi ; Komeya Drugstore Co., Ltd. in Ishikawa ; Izumi Co., Ltd. in Hiroshima ; Drug Eleven Co., Ltd. in Fukuoka ; Fujikoshi Co., Ltd. in Fukushima ; and Chubu Yakuhin Co., Ltd. in Gifu (in March 2005). As for product distribution, since the Company established joint distribution centers in November 1995, it has been consistently supplying products from 4 joint distribution centers (in Yoshikawa city, Saitama, Yokohama city, Kanagawa, Omihachiman city, Shiga and Ishikari city, Hokkaido) to Matsumotokiyoshi stores all over Japan as well as business partner. Capital alliance was formed with Tobu Drug Co., Ltd. (25 stores) in Saitama and Kenkou Kazoku Drug Corporation (29 stores) in Nagano, Itohide Shoji Co., Ltd. (wholesale store of miscellaneous daily goods) in Chiba and Sugiura Co., Ltd. (47 stores) in Aichi in January The Company will continue to operate with an eye on business and capital partnership in the future. Expansion of franchised stores Traditional franchised Matsumotokiyoshi stores were primarily run by employees of the Company with internal franchise contract in other words, they are set up in business by the Company, at stores leased by the Company. As part of the plan to open 1,000 stores throughout Japan by the end of March 2008, the Company organized the Store Promotion Group in April 2005 in order to realize a different way of expansion of franchised stores presently owned, and created a business format and a system of package model targeting a multistore network of external franchised stores all over Japan. Through the above measures, the Company will execute development of franchised Matsumotokiyoshi stores in line with the plan. Ginza 5th Store Sales by division Drugstores 229, ,448 Supermarkets 252, , , ,724 Home centers 272, ,657 (Unit: millions of yen) Wholesale 291, ,694 Ordinary income (Unit: millions of yen) Net income (Unit: millions of yen) 8,702 15,504 15,586 14,963 7,229 12,423 6,763 11,011 5,139 5,215 Shareholders equity (Unit: millions of yen) Number of employees (Unit: persons) Number of stores (Unit: number of stores) 61,994 68,173 74,554 82,502 96,834 Full-time workers 5,009 2,809 2,200 5,741 2,911 2,830 Part-timers (per 8-hours working time) 6,212 2,946 3,266 6,120 3,075 3,045 6,463 3,147 3,316 Drugstores Others Target: 1,000 stores 1 33,096 31,053 24,311 17,170 13,873 12,350 10,905 9, ,776 8,649 11,

3 D RUG STORE Drugstore [Urban type] Establishment of a drugstore chain with the highest sales in Japan The Company operates many Matsumotokiyoshi drugstores in prime locations in the Tokyo metropolitan area, has a wide range of excellent items that meet consumer needs, and markets them together with the consulting services of expert staff. Through such practice, the Company has built a relationship of deep trust with customers. Matsumotokiyoshi drugstores deal with many items of medicines, healthcare and beauty care goods, as well as test products of cosmetics under the community-based marketing, meeting the needs of respective customers in each region where stores are located. By doing so, each store enhances its capabilities to attract customers. Sapporo Tanuki Koji Store Asunal Kanayama Store Shinsaibashi Store Shibuya Part 2 Store Shibuya Part 1 Store Akabane Station East Exit Store Kyoto Shin Kyogoku Store Marinoa city Fukuoka Store LaLaport Koshien Store Shinjuku 3-chome Store Minami-Ikebukuro Store 3 Roppongi Store Tenjin Chikagai Store Sendai Station Store 4

4 DRUG STORE [in railway station shopping complex] Drugstore Hirosaki Station Building Applese Store (JR East) Ebista Nishinomiya Store (Nishinomiya Station of Hanshin Railway) Fukuyama Station Store (JR West) Asty Gifu Station Store (JR Tokai) Fresta Kashii Station Building Store (JR East) Kintetsu Fuse Station fusse Store (Kintetsu Railway) Crost Osaka Station Store (JR West) Morioka Station Building Fezan Store (JR East) Okayama Station B-1 Store (JR West) Kintetsu Nara Station Store (Kintetsu Railway) 5 Hiroshima Station Building Asse Store (JR West) Sendai Station East Exit Store (JR East) Abenobashi Station East Exit Store (Kintetsu Railway) 6

5 DRUG STORE [Suburban type drugstore/prescription pharmacy] Drugstore Human Resource Development Pharmacists Research and Training Center Matsumotokiyoshi has been enhancing and expanding to fill a prescription for becoming Personal Pharmacy in Local Area. As part of this initiative, the Company has established Pharmacists Research and Training Center with cutting-edge of facilities in This center has allowed our pharmacists to acquire sophisticated expertise and technology based on the curriculum prepared under the general editorship of a professor at school of medicine. In addition, the Company has prepared various training programs in which pharmacists can get practical experiences to get ready for the actual prescription works, enabling them to improve their skill as pharmacist efficiently and effectively. Drugstore Urayasu Higashino Pharmacy Ashikaga Honjo Dispensing Simulation Room In this dispensing simulation room, pharmacists can experience sequence of service from accept of prescription, dispensing to delivery of medicine. This enables pharmacists to obtain practical knowledge and skills that can be utilized in prescription works in a store. Our training facilities are the best among other drugstores and are one of the distinctive characteristics of Matsumotokiyoshi that focuses on prescription. DI Room DI (drug information) room collects and manages all information related to pharmaceuticals including Over-the- Counter drugs. In this office, staff can access the latest pharmaceutical information. In addition, specialized staff answers inquiries from each Matsumotokiyoshi store. DI office serves as so-called help desk for pharmacists by clarifying unclear points and answering questions regarding pharmaceuticals. Drugstore Chiba Sakusabe SUPER MARKET Pharmacy Souka Prescription counter Lecture Room In the lecture room, pharmacists can learn essential knowledge for pharmacists through lectures. Besides internal lecturers such as training staff and senior staff with extensive experience, we also invite guest instructors from outside as need arises so that pharmacists can obtain broad range of knowledge from basics of pharmacy and new drugs to clinical pharmacy. PC Training Room Computer literacy has become an essential skill for pharmacists because of its wide usage such as calculation of dispensing fees, output of invoice and management of customer information and medication history. In the Company s training room, which is equipped with state-of-the-art equipments, pharmacists can learn how PC application is useful for actual situations over the counter, as well as basic knowledge and know-how regarding data management and invoice. Supermarket Yakuendai Reinforcement of fresh-food supermarkets The Company s supermarket sector operates food supermarkets centering on perishables, with foods as the essentials of everyday life. With the motto of providing quality products at low prices, our supermarkets stock a great number of high quality merchandise, market them at prices that please the customers and offer them conscientious services to customers, as the Company strives to win the hearts of local customers by precisely identifying their needs. The sector is making its utmost to further grow by, for example, establishing its own logistics system to stabilize prices and distribution operations. Cosmetics Training Center The center holds beautification courses by counseling experts with the topic beauty and health for employees and organizes workshops for customers with counseling experts. H HOME CENTER Stable growth by new-concept home center 7 Futatsugi Home Center Store Matsumotokiyoshi operates home centers using its managerial expertise and store-operating techniques accumulated for years since its foundation. Equipped with a large parking lot, a full-scale home center Matsumotokiyoshi stocks a wide range of product lineups, including do-it-yourself (DIY) merchandise, exterior goods, automotive accessories, items for pets and gardening articles. With pay less discount policy, the home centers have succeeded in encouraging consumers to buy. 8

6 SELF MEDICATION SUPPORT Sales of cosmetics The Company markets extensive lineup of cosmetics and beauty-care related products so as to meet the needs of female customers. Matsumotokiyoshi s business lineup Sales of health food Matsumotokiyoshi offers a broad range of health food products such as supplement and health-promoting food to meet consumers needs toward health conscious. Consulting service is adequately provided for such purposes to advice that a consumer should avoid taking a health food with a certain drug. Nursing care support Matsumotokiyoshi has been carefully preparing and promoting to create a system to offer full-scale nursing care support service. Lineups of private brand products on the rise Sales of daily necessities In-depth marketing has enabled the Company to offer various high quality and new products that are suitable for the location and customer of each Matsumotokiyoshi store. We also deal with individual customers meticulously. Self Medication Support Sales of OTC drugs (generic drugs) Through tender service to customers, we offer appropriate advice and care, as well as select the most suitable drugs among a wide range of OTC drugs for each customer. Dispensing service At Matsumotokiyoshi stores, pharmacists dispense medications accurately and quickly instructed doctors prescription. In addition, we have been strengthening and expanding dispensing service by providing the service by all newly opened stores. TOPICS E-commerce site e! Matsumotokiyoshi 9 e! Matsumotokiyoshi was opened as the Internet shopping site for the Company on Yahoo! shopping (PC website) and i-mode shopping (mobile website) in May 2004, since then it has expanded to sell nearly 2,000 items. The Company, a leading company in the drugstore business, has been striving for establishing new business categories, in addition to the current concepts for store development and franchised business. Moreover, by exploiting our advantage as the largest drugstore in Japan in terms of sales, we will aim at business expansion by providing accurate product information based on the expertise of specialized pharmacists and nutritionists and their latest information as well as medically selected cosmetics to customers. Following is the product category and business segment: - Core products in beauty and health related: hair care products, body care products, supplement, diet food, health food, toiletries, beauty machines, baby goods, nursing care goods, daily necessities, gifts and health food. - Products with limited offer at *mk selection: medical cosmetics, popular cosmetics by word-of-mouth, natural cosmetics, esthetic cosmetics, slimming cosmetics, slimming machines, diet supplement, beauty supplement, body parts care products, body care products and bath agent, medical facial equipments and highly selected makeup products. *Note that mk selection is a general term for sales floors dealing with highly selected medical cosmetics that exceed the normal price range and product categories of Matsumotokiyoshi and offered at limited stores such as Shibuya Part 1 Store, Shinjuku 3-chome Store, Shinsaibashi Store. Matsumotokiyoshi-sponsored TV programs TV station Program name Time slot (day of the week) Nippon Television (NTV) Tokyo Broadcasting System (TBS) Tensai! Shimura Dobutsuen (nationwide broadcast) Live coverage of Night baseball game (Tokyo, Osaka, Hiroshima, Fukuoka) NNN Document 04 Omoikkiri TV Super Friday (nationwide broadcast) Live coverage of Night baseball game (Tokyo, Osaka, Hiroshima, Fukuoka) Gekko Ongakudan Hanataka Tengu Azassu! Okami Shonen R :00-19:58 (Thursday) 19:00-20:54 (Thursday) 24:25-24:55 (Sunday) 12:00-13:55 (Monday through Friday) 18:55-20:54 (Friday) 18:55-20:54 (Friday) 23:55-24:30 (Monday) 23:55-24:30 (Tuesday) 23:55-24:30 (Wednesday) 23:55-24:30 (Thursday) 25:05-25:50 (Friday) TV station Program name Time slot (day of the week) Fuji Television Network (CX) Very Very Saturday! Waratte Iitomo! Zokango Owarai Toryumon Gekidan Engisha Shimura-tsu Kitano Talent Meikan Chonan Kang 2 Sanma no Manma (nationwide broadcast) 8:30-9:55 (Saturday) 10:00-11:45 (Sunday) 25:04-25:31 (Monday) 24:58-25:28 (Tuesday) 24:58-25:28 (Wednesday) 25:05-25:35 (Thursday) 25:35-25:50 (Friday) 26:20-26:50 (Friday) *Live coverage of night baseball game will be broadcast as replacement program within the airtime of Tensai! Shimura Dobutsuen on NTV and Super Friday on TBS (Contents of broadcasting programs and broadcast night games may differ depending on the area). (As of April 30, 2005) Members of popular Matsumotokiyoshi Membership Card on the rise Matsumotokiyoshi Membership Card No registration fee, no annual membership fee for ever. New members receive a Matsumotokiyoshi Voucher worth 1,000. When paying by Matsumotokiyoshi Membership Card, the member gets a 10% discount from list prices for Shiseido, Kanebo, Kose, Kao Sofina and Max Factor products (excluding exceptional periods). When paying by Matsumotokiyoshi Membership Card in Japan or abroad, the member gets 1 point for every 100 purchase, and will receive a Matsumotokiyoshi Voucher when the points exceed 500. When the number of members increases by 100,000, the Company draws a lottery and awards overseas trips to 500 pairs or 1,000 persons among the members who have paid more than 5,000 using the card. The members can use telephone counseling services regarding health, medical treatment and nursing care round-the-clock all year round. The members can easily shop and cash. The members will be informed of various events and present campaigns. The members are covered by overseas travel accident insurance up to 20 million. The members are covered by domestic travel accident insurance up to 10 million. The members are covered by buckled-up car accident insurance up to 2 million. The members are ensured against loss or theft of the card. Matsumotokiyoshi Point Card One point is added for every shopping worth 100. When the points reach the first 300 points, the customer gets a deduction of 300 from the purchase total. When the points reach 500, the customer gets Matsumotokiyoshi Prepaid Card equivalent to 500 or a deduction of 500 from the purchase total. The members get additional Goopon points as double point privilege with their purchase. The members can convert every 500 points to ANA mileage as 100 miles. 10

7 Stores Location (As of March 31, 2005) Business/Capital Partnership Number of stores Division Number of stores Number of stores by region Number of stores by prefecture Drugstore Supermarket Home center 680 (16) 9 (-) 5 (-) Hokkaido: Tohoku: Kanto: Koshinetsu: Hokuriku: Tokai: Kinki: Chugoku: Shikoku: Kyushu: Okinawa: Kanto: Kanto: 15 (-) 627 (16) 3 (-) 9 (-) 1 5 (-) 7 (-) 9 (-) 5 (-) Hokkaido: Aomori: Yamagata: Tokyo: Ibaraki: Yamanashi: Toyama: Aichi: Osaka: Nara: Tottori: Yamaguchi: Tokushima: Fukuoka: Oita: Okinawa: 148 (2) 54 (-) 4 (-) 5 (-) 6 (-) Iwate: Fukushima: Kanagawa: Tochigi: Nagano: Ishikawa: Gifu: Hyogo: Wakayama: Shimane: Kagawa: Saga: Miyazaki: 8 (-) 64 (-) 3 4 (-) Miyagi: Saitama: Gunma: Niigata: Fukui: Shizuoka: Kyoto: Okayama: Ehime: Nagasaki: Kagoshima: 3 (-) 109 (9) 26 (-) Chiba: 9 (-) Tokyo: Saitama: Chiba: 3 (-) Hokkaido: Hokkaido: Tohoku: 15 (-) Aomori: Iwate: Miyagi: 3 (-) Yamagata: Fukushima: 8 (-) Kanto: 641 (16) Tokyo: 149 (2) Kanagawa: 64 (-) Saitama: 110 (9) Ibaraki: 54 (-) Tochigi: 3 Gunma: 26 (-) Koshinetsu: 3 (-) Yamanashi: Nagano: Niigata: Hokuriku: Toyama: Ishikawa: Fukui: Tokai: 9 (-) Aichi: 4 (-) Gifu: Shizuoka: Total 694 (16) Kinki: 1 Osaka: 5 (-) Hyogo: 4 (-) Kyoto: Nara: Wakayama: Chugoku: 5 (-) Tottori: Shimane: Okayama: Yamaguchi: Shikoku: Tokushima: Kagawa: Ehime: Kyushu: 7 (-) Fukuoka: 6 (-) Saga: Nagasaki: Oita: Miyazaki: Kagoshima: Okinawa: Okinawa: Note: The figures in parentheses are the number of franchises. The nine franchises in Saitama are stores of Yano Co., Ltd. Akita: Chiba: Mie: Shiga: Hiroshima: Kochi: Kumamoto: Akita: Chiba: Mie: Shiga: Hiroshima: Kochi: Kumamoto: 195 (5) 4 (-) 207 (5) 4 (-) Akita Ishikari Distribution Center Hokkaido 2 drugstores Aomori Iwate 2 drugstores Business Partnership The drugstore business is surrounded by such conditions as intensification of competition for new store opening, entrants into the industry from different sectors and lowering profitability due to fierce price competition. Facing such business conditions, the Company has formed business partnership with other firms to develop future businesses and improve operational efficiency, through information exchanges, mutual supply of products and cooperation in the planning and development of private brand products. Sapporo Drug Store Co., Ltd. Shimizu Drug Co., Ltd. Headquarters: Sapporo, Hokkaido Headquarters: Kyoto, Kyoto Yokohama Pharmacy Co., Ltd. (Super Drug Asahi) Headquarters: Itayanagi-machi, Aomori Itayamamedico Co., Ltd. Headquarters: Kofu, Yamanashi (as of March 31, 2005) Koyo Yakuhin Co., Ltd. (Koyo) Headquarters: Osaka, Osaka Drug Fujii Co., Ltd. Headquarters: Takaoka, Toyama Gunma 26 drugstores Takada Pharmaceutical Co., Ltd. Headquarters: Shizuoka, Shizuoka Natural Co., Ltd. (Drugstore Mori) Headquarters: Amagi, Fukuoka Fukuoka 6 drugstores Hiroshima 4 drugstores Hyogo 4 drugstores Kyoto 2 drugstores Gifu Nagano 2 drugstores 29 Kenkou Kazoku Niigata 1 d rugstore Miyagi Fukushima 3 drugstores 8 drugstores Izumi Co., Ltd. Headquarters: Hiroshima, Hiroshima Komeya Drugstore Co., Ltd. Headquarters: Tsurugi-machi, Ishikawa Tochigi 3s Yoshikawa Distribution Center Ibaraki 54 drugstores Chubu Yakuhin Co., Ltd. Headquarters: Tajimi, Gifu Fujikoshi Co., Ltd. Headquarters: Iwaki, Fukushima Omihachiman Distribution Center Yokohama Distribution Center Shizuoka 2 dr ugstores Saitama Kanagawa 109 drugstores 1 home center 16 Tobu Drug 64 drugstores Chiba Tokyo Metropolis 195 drugstores 9 supermarkets 3 home centers 3 Tobu Drug 148 drugstores 1 home center 6 Tobu Drug Drug Eleven Co., Ltd. Headquarters: Onojo, Fukuoka Capital Partnership (as of March 31, 2005) Tobu Drug Co., Ltd. Kenkou Kazoku Drug Corporation (Family Drugstore) Headquarters: Matsudo, Chiba Headquarters: Okaya, Nagano 11 Oita Okayama Osaka Nara 5 drugstores Aichi Mie 4 dr ugstores 2 dr ugstores Total number of stores: 748 Drugstores: 680 Supermarkets: 9 Home centers: 5 Capital Partnership: 54 Kenkou Kazoku: 29 Tobu Drug: 25 Sugiura Yakuhin Co., Ltd. Headquarters: Konan, Aichi Itohide Shoji Co., Ltd. Headquarters: Matsudo, Chiba 12

8 Outline of the Company (As of March 31, 2005) Corporate Data Corporate History Corporate name: Address: Phone: Established: Matsumotokiyoshi Co., Ltd. 9-1 Shinmatsudo-Higashi, Matsudo-shi, Chiba (switchboard) December 26, 1932 Dec.1932 Founded on Dec. 26 as an independent business operator Matsumoto Drugstore at 44 Kogane, Matsudo city, Chiba. Oct Formed business partnership with Sapporo Drug Store Co., Ltd. in Hokkaido. Formed business partnership with Natural Co., Ltd. in Fukuoka. Incorporate: January 8, 1954 Common stock: billion Book closing date: March 31 Board of Directors: President: Namio Matsumoto Senior Managing Director: Masashi Yoshida Managing Director: Katsuhiko Terada Director: Tetsuo Matsumoto Director: Toshio Hayata Director: Takao Watanabe Director: Yukihiko Okubo Director: Kazuaki Karahi Director: Kazumi Matsumoto Standing Corporate Auditor: Jun Saga Corporate Auditor: Masato Taimura Corporate Auditor: Tetsuo Oiwa Corporate Auditor: Susumu Torigoe Business line: Medicines, cosmetics, perishable foods, sundries, DIY articles, etc. Net sales: billion (Year ended March 2005) Number of employees: Full-time employees: 3,147 Part-timers: 3,316 (in terms of 8-hours working time) Total: 6,463 Organization Chart (from April 1, 2005) General Shareholders Meeting Director Board of Auditors Board of Directors President Senior Management Director Internal Auditing Div. Auditing Department I Auditing Department II Office of President Legal Department Director Claims Call Center Corporate Communications Div. Director Store Development Group Sales & Merchandising Group Finance & Accounting Group Store Promotion Group Head office Ueno To Ueno Kita- Senju Chiyoda Line Hibiya Line Tobu-Isesaki Line Store Operation Group Sales & Planning Group Merchandise Group Transfer to a local train Store Development Div. I Store Development Div. II Finance & Accounting Div. Partnership Operation Div. General Affairs Div. Prescription Drug & Pharmaceutical Div. Drugstore Div. Pharmacy Div. Store Promotion Div. Sales Planning Div. Merchandise Development Div. Merchandise Div. I Merchandise Div. II FC Planning & Operation Div. Information Technology Div. Personnel Div. Matsudo To Minami-Urawa Store outside of Shin-Matsudo Station Shin-Matsudo Head office To Nishi-Funabashi Shin- Matsudo The Chiba Bank, Ltd. The Park JR Joban Line Prescription Drug Promotion Dept. Pharmaceutical Affairs Dept. Drugstore Dept. I Drugstore Dept. II Drugstore Dept. III Pharmacy Dept. I Pharmacy Dept. II Store Promotion Dept. I Store Promotion Dept. II Advertising Dept. Operation & Planning Dept. Sales Promotion Dept. Merchandise Development Dept. Household & Miscellaneous Goods Team Beauty Products Team Pharmaceutical Products Team Perishables Team DIY Team Food Products Team Financial Planning Dept. Accounting Dept. Budget Dept. Finance Dept. Partnership Operation Dept. Subsidiaries Management Dept. FC Administration Dept. Information Technology Dept. Product Data Management System Dept. Education and Training Dept. Personnel Management Dept. Personnel Dept. I Personnel Dept. II General Affairs Dept. Kashiwa To Kashiwa Stores Founder Kiyoshi Matsumoto Jan May 1973 Apr Mar.1977 Sep.1978 Oct Jul Nov.1988 Aug.1990 Jul Oct Mar.1994 Aug.1994 Aug.1995 Apr Nov.1996 Jan Nov.1998 Dec.1998 May 1999 Jul Aug.1999 Mar.2000 Aug.2000 Feb Mar.2001 May 2001 Jun Jul Aug.2001 Matsumoto Drugstore at time of foundation. Became incorporated. Trade name was renamed to Matsumotokiyoshi Drugstore. Founder Kiyoshi Matsumoto died at 64. Matsumotokiyoshi Drugstore was reorganized into jointstock company Matsumotokiyoshi Co., Ltd. Kazuna Matsumoto took office as president. Opened supermarket Hikarigaoka Store. Established three business divisions: Drugstore, Supermarket and Convenience Store. Launched Benri Shinmatsudo Store (convenience store). Opened Ueno Ame-yoko Store. Opened Minami-Masuo Home Center Store. Became listed on the over-the-counter market. (The Company received approval from the Japan Securities Dealers Association to register its shares on the overthe-counter market.) Opened Ikebukuro Higashiguchi Store. Relocated the head office to 9-1, Shinmatsudo-Higashi, Matsudo city, Chiba. Opened drugstore Kashiwa Kaga Store (1st roadside store). Opened prescription pharmacy Kita-Matsudo Store. Opened Shibuya Part 1 Store. Launched TV commercials. Number of stores totaled 232. Integrated Convenience Store Division into Drugstore Division. Opened drugstore Ota Takara-chou Store (1st store in Gunma ). Opened drugstore Ashikaga Asakura Store (1st store in Tochigi ). Opened Roppongi Store. Opened Sendai Jujiya Store (1st store in Miyagi ). Opened Harajuku Takeshita-dori Store. Opened Ginza 5th Store. Opened Shinjuku 3-chome Store. Opened Sendai Chuo-dori Store. Opened drugstore Niigata Station Patio East Store (1st store in Niigata ). Listed on the First Section of the Tokyo Stock Exchange. Opened Shibuya Part 2 Store. Opened Crost Osaka Station Store (1st store in Osaka ). Opened Tokorozawa Part 2 Store. Namio Matsumoto took office as president. Opened Ikebukuro Part 2 Store. Formed business partnership with Takada Pharmaceutical Co., Ltd. in Shizuoka. Formed business partnership with Yokohama Pharmacy Co., Ltd. in Aomori. Formed business partnership with Drug Fujii Co., Ltd. in Toyama. Opened Abenobashi Station East Exit Store (2nd store in Osaka ). Opened Tenjin Matsuya-Ladies Store (1st store in Fukuoka and Kyushu as well). Feb Apr Jun Jul Oct Nov.2002 Dec.2002 Jan Feb Mar.2003 Apr May 2003 Aug.2003 Oct Nov.2003 Dec.2003 Jan Feb Mar.2004 May 2004 Jan Mar.2005 Commemorative ceremony for the 70th anniversary of Matsumotokiyoshi s foundation Formed business partnership with Shimizu Drug Co., Ltd. in Kyoto. Launched a point card service. Opened Canal City Hakata Store (2nd store in Fukuoka ). Opened Okayama Station B-1 Store (1st store in Okayama ). Formed business partnership with Koyo Yakuhin Co., Ltd. in Osaka. Opened Hamamatsu Part 1 Store (1st store in Shizuoka ). Opened Shinsaibashi Store (3rd store in Osaka ). Established Pharmacists Education Center and Cosmetics Education Center. Formed business partnership with Itayamamedico Co., Ltd. in Yamanashi. Opened Ebista Nishinomiya Store (1st store in Hyogo ). Opened Fukuyama LOTZ Store (1st store in Hiroshima ). Opened Kintetsu Nara Station Store (1st store in Nara ). Adviser Toshiko Matsumoto (wife of the late Kiyoshi Matsumoto) died. Opened Akita Station ALS Store (1st store in Akita ). Formed business partnership with Komeya Drugstore Co., Ltd. in Ishikawa. Opened Aomori Station Building Lovina Store (1st store in Aomori ). Opened Sapporo Minami Ichijo Store (1st store in Hokkaido ). Opened Park Place Oita Store (1st store in Oita ). Opened Asty Gifu Station Store (1st store in Gifu ). Opened Tsu Station Cham Store (1st store in Mie ). Opened Kyoto Shijo-dori Store (1st store in Kyoto ). Formed business partnership with Tobu Drug Co., Ltd. in Saitama. Executed a 2-for-1 stock split for shareholders listed on shareholders register as of Dec. 31. Formed business partnership with Kenkou Kazoku Drug Corporation in Nagano. Formed business partnership with Izumi Co., Ltd. in Hiroshima. Formed business partnership with Drug Eleven Co., Ltd. in Fukuoka. Formed business partnership with Itohide Shoji Co., Ltd. in Chiba. Opened Nagano Station Store (the first store in Nagano ). Formed business partnership with Fujikoshi Co., Ltd. in Fukushima. Formed business and capital partnership with Sugiura Yakuhin Co., Ltd. in Aichi. Formed business partnership with Chubu Yakuhin Co., Ltd. in Gifu