Otsuka Pakistan Ltd.

Introduction
Type Otsuka Pakistan Ltd.
Industry Manufacturing, Health Products
Founded Aug 1964
Founders Kabushiki-gaisha
Headquarters Tokyo, Japan
Area Served Worldwide
Products Health Products, Medicines
Owners Public Limited
Website http://www.otsuka.pk

Otsuka Pakistan Ltd.

Otsuka Pakistan Limited was incorporated in February 1988 and commenced commercial
production of intravenous solutions in September 1989 at its factory in Hub, Balochistan. It
commands 25% share of the local market.

Mission
Otsuka - people creating new products for better health worldwide

Vision
To provide quality health care products while maintaining leadership position in chosen
segment by working efficiently towards customer satisfaction, rapid growth, and enhanced
stakeholders’ value.

Production Department:
Production division is aimed to increase productivity and quality as much as required without
spending more. The plant is located on managers on Hub, Balochistan and run by Mr Owais
Qazi.They are controlled by the director of production. They are responsible for directing,
coordinating and controlling the overall production activities means from the purchasing raw
materials to transferring those into complete shoes. The function of production manager is to assist
the director of production in achieving the production target for a specified period. The function
of planning and supply manager is material planning, production planning etc.
 Finance Department:
 To maximize the interest of the shareholders of Otsuka Pakistan Limited.
 To allocate the fund in a proper way that minimizes its cost and maximizes its profit.
 To ensure conductive financial climate of the company.
 To ensure sound management of the administrative staff and financial matters of administrative
staff and selection grade employees.

Capital
Total Authorized Capital. Rs.200 Million
Total issued and paid-up Capital . Rs.110 Million

Shareholding
Otsuka Pharmaceutical Co., Ltd (Japan) 45.0%
P.T.Otsuka Indonesia (Indonesia) 10.0%
Otsuka Pharmaceutical Factory, Inc. (Japan) 09.9%
Feroz Family Karachi 20.1%
General Public (Including National Investment Trust) 15.0%

Company Secretariat
 To ensure the best selection, placement and utilization of the administrative staff within the
company.
 To ensure discipline, mutual coordination, smooth communication among the administrative stuff
and thereby peaceful corporate environment.
 To provide sufficient training and opportunities to the administrative stuff to improve their skill
and efficiency for the well being of the company.
 To ensure proper management of the financial matters of selection grade administrative stuff.

Accounts Department:
 To ensure conducive financial trend of the company.
 To ensure sound financial plan in terms of raising and allocation of funds and thereby maximizing
shareholders interest.
 To prepare Annual Financial Plan of the company in terms of both procurement and allocation of
fund.
 To maintain books of accounts, cost and financial accounts of the company as per the requirement
of law and group head office.
 To manage the assets of the company.
 To provide financial information and report to the top management for decision making purpose.
Internal Audit Department:
 To provide reasonable assurance of adequate and effective process of internal control and
functioning effectively such that assets are safeguard, proper accounting records are maintained,
financial information used within the business or for publication is reliable.
 To confirm transparency in all auditable entities.
 Pre-audit: To carry out all operational checks.
 Post-audit: Conduct internal control review, physical verification on various audit universes.
 Investigation: Conduct thorough review in any specific area of audit universe as desired by the
authority of the concerned audit entity.
 Development of procedure manuals.

A.F. Ferguson & Co

Chartered Accountants
State Life Bldg. 1 - C, I.I. Chundrigar Road.P.O Box 4716,Karachi- 75400, Pakistan

MIS Department:
 To coordinate and supervise data entry for the accounting and payroll package.
 To update product cost and product profitability from time to time.
 To arrange repair and maintenance of the computer hardware.
 To provide necessary support and help to the computer in their day to day function
 To prepare the monthly statement of “Advanced Sale Invoice”.

Costing Department:
Headed by Costing and efficiency manager. The department is responsible for all kinds of costing
related issue of the shoe and makes the highest use of the manpower. The department also is
responsible for the highest use of the material consumption and does the costing of the shoes
effectively and efficiently.

Personnel / Human Resource Department:

 To ensure the proper section of personnel.
 To help the employees to grow and develop themselves.
 Maintenance of personnel records.
 To maintain cordial and peaceful labor management relationship.
 To ensure discipline among the employees.

Quality Assurance:
 To ensure that the end users receive medicines those are safe, effective and quality consistent with
leadership position in the health care industry throughout the country.
 To apply the principles of customer-focused quality, service and excellence to all processes and
system, from product design, development through production, distribution and marketing.
 To maintain the standard of quality in order to protect the patients, prevent errors and optimize
value provided to the consumer and company.