Maruho Report 2023
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Maruho Report 20235Over more than 100 years of evolution and development since its founding, Maruho has continued to support people’s daily lives. We now have an established reputation, having built a topical drug brand as well as our current business model, which is to be a leading company in the field of dermatology. As long as there are patients around the world that need our medicines, we will continue to answer that call, achieving steady growth along the way.1. Maruho’s Meaning of Existence History and Strengths1915A vision to “Contribute to society through medicine”Maruho’s history began with a commitment to “contribute to society through medicine” by Maruho founder Eikuma Koba. He went to the U.S. on his own in 1901 with the intent to modernize Japanese medicine. He returned to Japan and in 1915 in Doshomachi, Osaka, he founded Maruho Shouten, which is the precursor to Maruho Co., Ltd.1920Maruho Shouten became a joint stock companySince 1915Bringing first-rate medicines to Japan from overseasInitially, Maruho worked with pharmaceutical companies in Europe and the United States to deliver high-quality medicines to Japan, thereby supporting people’s daily lives. The company name Maruho comes from H.K. Mulford Co. (now Merck & Co., Inc.), a U.S. pharmaceutical company, with which Maruho entered into a dealership agreementStrategic alliancesPassing down a commitment to contribute to people’s lives through medicine since its founding

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