Teijin Ltd (TSE:3401)

円 1461 7 (0.48%) Market Cap: 281.32 Bil Enterprise Value: 651.12 Bil PE Ratio: 26.57 PB Ratio: 0.62 GF Score: 74/100

Teijin Ltd Regenerative Medicine Business Briefing Transcript

Dec 02, 2021 / NTS GMT

Release Date Price: 円1315 (-0.38%)

Transcript

Jun Suzuki

Teijin Limited - CEO, President, Member of Advisory Board & Representative Director

This is Jun Suzuki of Teijin. Thank you for joining us in our regenerative medicine business briefing today. It gives us a great pleasure to have so many participants.

As you are aware, on January 29 of this year, Teijin announced the Board decision to acquire the shares in J-TEC through a tender offer. The stock purchase was carried out from February 1 to March 2 and was successfully completed as originally planned, making Teijin the parent company of J-TEC. Following the closing in March, we embarked on more detailed official studies on how best to improve the corporate value of both Teijin and J-TEC.

When we made the internal decision to join hands with J-TEC more than a year ago, we already had a clear vision regarding the direction of the business that is to pursue regenerative medicine using autologous cell as the alternate of tailor-made medicine. Furthermore, we did envision that this business could make the big leap through leveraging Teijin's capabilities in health care, materials

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