Photo showing President Kohei Toda (at the time) speaking to all 1,000 employees at the 40-th anniversary ceremony.

On December 2, 1978, former President Kohei Toda passed away. Photo showing the company funeral at Shitennoji Temple, Osaka.

Mikio Toda was appointed President and Representative Director in February 1979.

Constructed five floors of Joto Second Injection Factory to mass produce infusions at the Joto Factory site.

Moved the oral drugs production department to the newly established Daito Factory at the foot of Mt Ikoma and closed the Kyobashi Factory.

Integrated the research and development facilities dispersed within the Joto Factory site into the north side of the Joto Factory, and established the Research and Development Center as a new Research and Development base.

Listed on the First Section of the Osaka Stock Exchange. Capital: ¥1,647 million , Sales: ¥29,112 million.

Established the state-of-the-art Okayama Factory in Satosho-cho, Okayama Prefecture, as the production base for the stable supply of our main products.

Celebrated the 50th anniversary and held a grand commemorative ceremony at the New Otani Osaka Hotel under the theme "Thanks to You, Half a Century."