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Corporate History

Our Humanistic Business

Corporate History

1929

Hanpei Sawai and Noyo Sawai (pharmacist) established Sawai Pharmacy. Sawai Pharmaceutical’s predecessor, in Asahi-ku, Osaka.

Began round-the-clock operations in order to serve as many patients as possible.

Noyo Sawai was one of only ten female pharmacists in Japan at the time.

After starting Sawai Pharmacy with his wife Noyo, Hanpei went on to become Sawai Pharmaceutical's first President.

1948

Sawai Pharmaceutical Co., Ltd. incorporated in Asahi-ku, Osaka.

As the head of the Sawai family, Hanpei took an innovative and pioneering approach to developing a variety of over-the-counter drugs for the market.

A selection of products at the time.

1965

Shifted operations from OTC drugs to the manufacture of ethical pharmaceuticals.

Following the introduction of a nationwide universal health care program in 1961, Sawai shifted focus to prescription drugs, thereby contributing to the health of a growing number of patients.

1968

Second Osaka Factory (now Osaka Factory) completed.

1974

Former Head Office building completed and Head Office relocated.

1978

Jiro Sawai appointed President.

1988

Jiro Sawai appointed Chairman and Hiroyuki Sawai appointed President.

1995

Sawai shares listed on the OTC stock market.

1997

Began newspaper advertising.

Sawai was the first in the industry to advertise in newspapers in an effort to raise awareness about generic drugs, which were relatively unknown in Japan at the time.

2003

Listed on the First Section of the Tokyo Stock Exchange.

2004

Started nationwide TV advertising.

Sawai was the first in the industry to air TV commercials in an effort to gain recognition and further promote awareness about generic drugs in Japan.

2008

Hiroyuki Sawai appointed Chairman and Mitsuo Sawai appointed President.

2017

Acquired Upsher-Smith Laboratories, LLC and entered the U.S. market in earnest.

Drawn to Sawai's corporate culture of Always Putting Patients First, Upsher-Smith Laboratories, LLC joined the Sawai Group, creating a stronger synergy among its members.

2019

Sawai Pharmaceutical Co., Ltd. celebrates 90th year in business.
Upsher-Smith Laboratories, LLC celebrates 100th year in business.

Our Humanistic Business