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October 28, 2026
 

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KOBAYASHI PHARMACEUTICAL

A Kobayashi Pharmaceutical factory in Osaka. Kobayashi’s shares have languished since a supplement scandal came to light in early 2024 and remain about 13% below levels seen before the incident.
BUSINESS / Companies
Sep 25, 2026
Kobayashi in ?500 billion buyout talks after red-yeast case
CVC Capital Partners and Nippon Sangyo Suishin Kiko are weighing a bid to take the company private, sources said.
Kobayashi Pharmaceutical's factory in the city of Osaka. The firm had been embroiled in a scandal involving its supplements.
JAPAN / Science & Health
Mar 5, 2026
Researchers uncover mechanism behind beni kōji health problems
Though it had been known that puberulic acid was behind the high-profile health scare in 2024 involving supplements, it was unclear how the substance damaged kidneys.
Kobayashi Pharmaceutical Chairman Yoshihito Ota speaks during an interview in Osaka last month.
BUSINESS / Companies
Aug 4, 2025
Kobayashi Pharmaceutical chairman vows corporate culture reform
Kobayashi Pharmaceutical achieved net profit growth for over 20 years from its stock market listing until the beni kо?ji scandal emerged last year.
In an effort to move past its troubled legacy, Kobayashi Pharmaceutical has replaced its president twice and appointed an external chairman.
BUSINESS / Companies / FOCUS
Jul 8, 2025
Despite leadership changes, Kobayashi Pharma still struggling with reform
The Osaka-based company has replaced its president twice and appointed an external chairman, seeking to reduce the influence of the founding family seen as a cause of the scandal.
Kobayashi Pharmaceutical President Norikazu Toyoda in Osaka on May 30
BUSINESS / Companies
Jun 4, 2025
Kobayashi Pharmaceutical vows never to repeat health crisis
In March 2024, the drugmaker, based in Osaka, announced that it had received a series of reports about such symptoms as kidney disease from users of its supplements.
Kobayashi Pharmaceutical President and CEO Satoshi Yamane apologizes for the company's health hazard scandal involving its supplement products during a news conference in Osaka on Monday.
BUSINESS / Companies
Feb 11, 2025
Kobayashi Pharma logs first net profit drop since 1999 listing
The company’s net profit plunged 50.5% in the aftermath of a health scandal involving its supplements, which emerged last year.
Kobayashi Pharmaceutical executives bow their heads at a news conference in Osaka in March following a health hazard scandal involving the firm's supplements containing red fermented rice.
JAPAN / Crime & Legal
Jan 29, 2025
Hong Kong fund to sue former Kobayashi Pharma execs
The fund will seek a total of roughly ?11 billion in damages from former Chairman Kazumasa Kobayashi and six then-board directors.
While many patients showed improvement in Fanconi syndrome, 87% still had kidney function indicators below standard levels despite two months having passed since Kobayashi Pharmaceutical urged consumers to stop taking the supplement.
JAPAN / Science & Health
Jan 8, 2025
Tainted beni kōji supplement linked to persistent kidney damage, study finds
The Osaka University study analyzed data from patients who reported health issues between late March and late April 2024.
Kobayashi Pharmaceutical's Osaka factory
BUSINESS / Companies
Dec 26, 2024
Hong Kong fund increases its stake in Kobayashi Pharmaceutical
Oasis Management said its stake in Kobayashi Pharmaceutical climbed to 10.1% from 7.5%.
A Kobayashi Pharmaceutical factory in Osaka
BUSINESS
Sep 28, 2024
Kobayashi Pharma sued in Taiwan over beni kōji products
A group filed the lawsuit with the Taipei District Court against six firms including a Taiwanese unit of Kobayashi Pharmaceutical and an importer in Taiwan.
Health ministry officials inspect the Wakayama factory of Kobayashi Pharmaceutical in March after reports of health damage surfaced among people who took the firm's red yeast rice supplements.
JAPAN / Science & Health
Sep 18, 2024
Puberulic acid confirmed as source of beni kōji health issues
The substance produced by blue mold was the cause of kidney problems suffered by consumers of the Kobayashi Pharma supplements, the health ministry said.
Officials of the Osaka Municipal Government enter Kobayashi Pharmaceutical's factory, which was closed in December, in the city of Osaka on Tuesday.
JAPAN / Society
Sep 1, 2024
Japan makes supplement health damage reports mandatory
The measure is aimed at enabling administrative authorities to quickly grasp related information and prevent the spread of health damage.
Former Kobayashi Pharmaceutical President Akihiro Kobayashi, currently director in charge of compensation, speaks during a news conference in Osaka earlier this month.
BUSINESS / Companies
Aug 14, 2024
Chinese shoppers’ infatuation with Japanese brands wears thin
The backlash is reminiscent of last year’s outcry over the Fukushima wastewater release
Former Kobayashi Pharmaceutical President Akihiro Kobayashi (second from right) speaks during a news conference in Osaka on Aug. 8 along with President Satoshi Yamane (third from right).
JAPAN / Society
Aug 14, 2024
Kobayashi Pharma fails to report 11 more suspected deaths
The 11 cases had been classified into a wrong category in the process of sorting out the inquiries made to its call center.
Former Kobayashi Pharmaceutical President Akihiro Kobayashi (right) and Satoshi Yamane, the new president, bow in apology over health problems caused by its beni kōji products, during a news conference in the city of Osaka on Thursday.
JAPAN / Science & Health
Aug 8, 2024
Kobayashi Pharma to withdraw from beni kōji product segment
The firm said it would offer compensation to those who suffered health problems linked to their products and prevent a recurrence of the incident.
As of Sunday, Kobayashi Pharmaceutical reported 279 deaths and 2,274 hospital visits due to health issues related to its beni kōji supplements, among which 461 required hospitalization.
JAPAN / Science & Health
Jul 23, 2024
Kobayashi Pharma’s president and chairperson resign over health scandal
For the first time in its history, someone outside of the Osaka-based drugmaker’s founding family will become its president.
Kobayashi Pharmaceutical President Akihiro Kobayashi and others at a news conference in Osaka in March.
JAPAN / Society
Jul 3, 2024
492 people hospitalized for ‘beni kōji’ supplements
Kobayashi Pharmaceutical says it has received consultations about a further 170 deaths possibly linked to its supplements.
Health ministry officials enter Kobayashi Pharmaceutical's plant in the city of Osaka on March 30.
JAPAN / Society
Jun 28, 2024
Dozens more deaths may be linked to Kobayashi Pharmaceutical’s supplements
The ministry has instructed Kobayashi Pharmaceutical to create a plan to carry out a probe into the causal relationships between the deaths and their products.
Chief Cabinet Secretary Yoshimasa Hayashi (left) addresses a meeting of ministers involved in compiling a policy to revise the system for foods with function claims, held at the Prime Minister's Office on Friday.
JAPAN
May 31, 2024
Japan to overhaul foods with function claims system
The overhaul plan will make it mandatory for companies to promptly report health issues related to foods with function claims to authorities to prevent spread.
Health ministry officials enter Kobayashi Pharmaceutical's plant in the city of Osaka for inspection on March 30.
JAPAN
May 29, 2024
Two more unexpected compounds found in beni kōji supplements
The two compounds are believed to have been created by contamination of blue mold.
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