Japan’s ruling coalition sustained a crushing blow in the Lower House election last month, only managing to win 215 seats,…
BUSINESS
Sumitomo Sets Out for Reconstruction, Further Cost Cuts in FY2024
In the face of widening losses at Sumitomo Pharma, its parent company Sumitomo Chemical has vowed to rebuild the drug maker by creating a “leaner” domestic structure in FY2024. So far, however, Sumitomo Pharma President Hiroshi Nomura is mum about…
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