APSMI Board of Directors Meeting
Thursday 18th October 2012, 10:30-12:30
The Jupiter Room (30F), COEX Intercontinental Hotel, Seoul

Draft Minutes

APSMI Board of Directors Meeting
Thursday 18th October 2012, 10:30-12:30
The Jupiter Room (30F), COEX Intercontinental Hotel, Seoul
Draft Minutes
Attending

Mr. Seiichi Sato, APSMI Chairperson, Sato Pharmaceutical, Japan
Ms. Eun Sun Kim, APSMI Vice Chairperson, KPMA, Boryung Pharmaceutical,Korea, supported by Ms. Regina Kim
Ms. Han Byul (Kristeen) Jhung, KPMA, Korea
Mr. Yoshihiro Miwa, Kowa Co. Japan, supported by Mr. Masahide Tanikawa
Mr. Shigeru Moriyama, Representing Mr. Sachiaki Ibe, Zeria Pharmaceutical,
Japan, supported by Junkichi Izumi
Mr. Yoshiki Nishii, Daiichi-Sankyo Healthcare, Japan, supported by Mr. KenjiUkita
Mr. Arthur Su, TPMMA, Dapha Trading Co, Chinese Taipei
Mr. Masashi Sugimoto, Takeda Pharmaceutical, Japan, supported by Mr. Masatoshi
Nakamura
Mr. Masao Torii, SS Pharmaceutical, JapanMr. Yasunori Tsuruta, JSMI President, Japan, supported by Mr. MotohitoNishizawa
Mr. Ken Uehara, Representing Mr. Akira Uehara, Taisho Pharmaceutical, Japan,supported by Mr. Toshio Takahashi
Mr. Toshiaki Yoshino, JSMI chairman, Rohto Pharmaceutical, Japan, supported byMr. Kosei Iriyama
Mr. Yasuhiro Tagashira, APSMI Secretary General, Japan
Ms. Sylvia Tsai, TPMMA,Vice Director, OTC committee, Director of Regulation &Product Department, GSK, Chinese Taipei
Ms. Malinee Uditananda, TSMIA President, Thailand, supported by Prim
Uditananda
Ms. Eunha Yoo, Representing Mr. Rodney Hannington, Novartis Consumer Health,Australia

Observer and Guests

Dr. Zhenyu Guo, WSMI Chairman, Dihon Pharmaceutical, China
Dr. Kyeong-Ho Lee, KPMA President, Korea
Ms. Sunitha Devi Shanmugam, PhAMA, GSK Consumer Healthcare Sdn Bhd,Malaysia
Dr. Deon Schoombie, ASMI Executive Director, Australia
Mr. Ir. Ferry A. Soetikno, G. P. Farmasi, Dexa Medica, Indonesia
Dr. David Webber, WSMI Director-General, France

Apologies

Mr. Rodney Hannington, Novartis Consumer Health, Australia
Mr. James Fan, CNMA, Jowin Communications, China
Mr. Sachiaki Ibe, Zeria Pharmaceutical, Japan
Mr. Chen Junli, APSMI Vice Chairperson, CNMA, Shanghai Zhonghoa
Pharmaceutical, China
Mr. Akira Uehara, Taisho Pharmaceutical, JapanMr. Tagashira, Secretary General (S. G.), confirmed that 16 Board of Directors wereparticipated, and declared that the Quorum was valid following the articles.
Welcome and Approval of Agenda – Mr. Seiichi SatoAPSMI Chairperson, Mr. Sato, called the meeting to order, and gave the opening
address.
Mr. Sato introduced the incoming chairperson Ms. Eun Sun Kim in his opening
address.

The Board expressed to support her.
The Board approved the agenda.

1. Confirmation of minutes of APSMI 1st Board of Directors Meeting, 7th October
2011The draft minutes of 1st APSMI Board of Directors Meeting on 7th October 2011wasdistributed last October. There was no request of correction or comment.

The Board confirmed the 1st Board of Directors Meeting minutes.

2. Membership development
1) Board of Directors
There were several requests for the approval for the member replacement ofBoard of Directors from association members and corporate member. Details
were explained by S. G. for the Board as follows.
KPMA
KPMA nominated Ms. Han Byul (Kristeen) Jhung as the successor of Ms.
Heeha Kim. Ms. Heeha Kim left KPMA and Ms. Kristeen is a team leader ofInternational Business team in KPMA.
TPMMA
TPMMA nominated Ms. Sylvia Tsai instead of Ms. Iris Wong. Ms. Iris Wong
moved to Shanghai in charge of China market. Ms. Sylvia Tsai is the Vice
Director of OTC committee of TPMMA, and Director, Regulation & ProductDepartment, GSK, Chinese Taipei.

TSMIATSMIA nominated Ms. Malinee Uditananda as the successor of Dr.
Noppadon Adjimatera. Ms. Malinee Uditananda is the President of TSMIA.
Dr. Adjimatera had moved to UK.
Daiichi-Sankyo Healthcare Co., Ltd.
Mr. Toshio Takahashi, President for Daiichi-Sankyo Healthcare Co., Ltd.
resigned from the president on March 31st, 2012. His successor, Mr. Yoshiki
Nishii resumes his place on the APSMI Board.

The board noted the replacements.
2) Chairperson election
S. G. reported the Chairperson election which was conducted last June.
Ms. Eun Sun Kim, Vice-Chairperson of APSMI, was elected as the next
Chairperson. The result of election had been already announced. All of board
members (18 members) had voted, and all were in favor with Zero abstention.
Her term for 2yearts would start from after 1st APSMI GAM closing.
3) Inaugural address by the new chairperson
Ms. Eun Sun Kim took the inaugural speech.

The Board showed full supports to Ms. Eun Sun Kim and agreed to enhance
APSMI activities under her dignity.
4) The new Vice-Chairperson
S. G. explained to the Board on one vacancy of Vice Chairperson.
Ms. Kim was elected to the next Chairperson. So, one Vice- Chairperson
would be vacant (Mr. Chen Junli would be only Vice Chairperson under Ms.
Kim). APSMI secretariat would like to recommend Mr. Seiichi Sato for new
Vice Chairperson. The Board could expect his support to Ms. Kim to develop
APSMI based on his experience.

The Board noted the proposal with approval.

3. APSMI Activities and Accounting Report in 2012

S. G. reported APSMI activities, and account report using the power point slides.
The presentation slides were attached as the appendix.
APSMI was established on 5th November 2010 in Taipei, with the cooperation ofassociation members, CNMA, JPMA, KPMA, TPMMA and TSMI, and 9corporate members.
For APSMI activities, two project,“Regulation” and “Self-Medication”, werechosen based on the members’ requests for mutual understanding andexchanging information. Both projects were cross-linked and had started in2011.
Activities in 2011/12
Working groups for each project were organized to complete projects. Bothworking groups searched the questionnaires for the current“Regulation” and“Self-Medication” of each members’ country. CNMA、Mr. James Fan, has taken
charge of the leader of Self-Medication Working Group, and TSMIA, Dr.
Noppadon Adjimatera had taken charge of Regulation Working Group. The
current situation and problems of Self-Medication and Regulation which werecollected through questionnaires were integrated in the APSMI Country Report.
After Regulation Group Leader, Dr. Adjimatera, left Thailand, Ms. Iris Wang(TPMMA) and Mr. Kosei Iriyama (JSMI) as the successors reviewed andintegrated “Regulation” survey.
Nicholas Hall & Company and Jowin Communication (China) Lid. supported
APSMI projects, so they provided 9 countries’ current regulation and market
reports in Asia-Pacific region to APSMI. And ASMI (Australia Self-medication
Industry), CNMA and JSMI provided full country reports. These data wereattached in the APSMI Country Report.
APSMI would like to express our sincere gratitude and appreciation to them fortheir supporting the APSMI Country Report.
The APSMI Country Report would be provided as our short term results in 1st
APSMI General Assembly in Soul for your information.
The short term objective had been finished.
APSMI secretariat indeed thanked the leaders and association members fortheir great contribution for the progress of APSMI projects.
Participation in meetings in 2012
S. G. participated in WSMI Board of Directors Meeting in Florida (March 2012)and Nice (June 2012). In these meeting, S. G. reported the activities of APSMI
with Chairperson, Mr. Sato.
Along with these activities, Mr. Sato and S. G. participated in 1st International
Self-Care Day on 24th July in Shanghai, China. This event was not only todeclare the launch of International Self-Care Day, but also promoted theSelf-Care in China.
URLS. G. announced APSMI web site (www.apsmi.net) was available now, andencouraged the members to utilize the site actively.

The Board noted the activities report with approval.
Accounting Report in 2011 and in 2012（Table 1）
Firstly, S. G. reported the audit result for the account in 2011.
APSMI Board members had asked the auditor to Vice-Chairperson, Ms. Eun Sun
Kim, following the discussion of 1st APSMI Board Meeting, Osaka. The audit wasdone on 3rd February 2012. The result was that the account was appropriated.
Total income was 5,820,096 JPY (71,295 US$), total expenditure was 2,929,488
JPY (38,045 US$), as result 2,890,608 JPY (37,540US$) was carried over to 2012.
Secondary, S. G. reported the estimated account balance in 2012.
Regarding 2012, the income from members’ annual due was 71,295 US$,equivalent 5,532,872 JPY, carried over from 2011 was 2,890,608 JPY, and others
785 JPY, the total income was 8,424,265 JPY (100,560 US$). The carried overfrom 2011 was 1,295,750 JPY (16,698 US$) over than the budget.
The estimated expenditure would be 6,763,432 JPY (87,158 US$). It would be
138,032 JPY (1,779 US$) over than the budget (6,625,400 JPY). 1,660,833 JPY(21,402 US$) would be carried over to the next year budget.
In 2012, the expenditure would be 1,230,560 JPY (15,878 US$) over than theincome of member’s annual due a year. The deficit would be covered by theamount of carryover from 2011.
S.G. reported the financial condition would be well in 2012.

The Board noted the account reports with approval.

4. 9th WSMI Asia-Pacific Regional Conference and 1st APSMI General AssemblyMeeting
S. G. reported on the 1st APSMI General Assembly Meeting in Seoul, Korea on
19th and 20th October 2012 with 9th WSMI AP Regional Conference.
The more details of the Conference were presented by Ms. Kristeen Jhung(KPMA).
Mr. Sato and Mr. Yoshino (JSMI) said their special thank to KPMA.

The Board noted the report.
The Board members expressed their deepest appreciation to KPMA as thehosting association for this occasion. Without the excellent and strong support
from KPMA, and its generosity, we could not reach here today.

5. APSMI Activity plan for 2013 and proposed Budget
Activity Plan for 2013
S. G. reported APSMI activities in 2013 using the power point slides.
The presentation slides were attached as the appendix.
S. G. emphasized following points especially.
The second step of our projects will start in 2013.
The common problems and/or specific problems related to “Regulation” and “thepromotion of Self-Medication” in each country will be picked up. Those problems
have been collected by the questionnaires. The issues will be investigated andcompiled into the regional report to improve these problems by the end of 2013.
For investigating solution and future actions of problems, several telephone
conferences and a face to face meeting will be held in this year. APSMI expects
that the results of these projects will become a more significant activity ofAPSMI in the next step.
APSMI will have more communication with members and support memberassociations further. APSMI would like to know what support members want
and what information members want to know. Based on members’ request,
APSMI intends to hold a seminar and a meeting.
APSMI secretariat is happy to receive members’ suggestions to develop APSMI

and to fortify the benefit to member associations.
APSMI will contact more stakeholders, e.g. International Organizations,Authorities, and Healthcare professionals and other organizations to enhance
the Responsible Self-Medication in Asia-Pacific region. APSMI will feeds backthe information to all members.
If members have the new theme and projects for APSMI activities, please don’t
hesitate to suggest.
Finally, S. G. said that S. G. will plan to visit associations in Indonesia, Malaysia,
Australia and New Zealand to invite to APSMI for development of APSMI.

The Board noted the APSMI Activities in 2013 with approval and expected theactivities of working group. The Board members and observers suggested thenecessity of the exchanging information, especially the consumer education forpromoting Self-Medication.
Proposed Budget for 2013 （Table 2）
S. G. explained the proposed Budget for 2013 based on the activities.
The income from members’ annual due for 2013 based on the calculation 2012 is71,295 US$, equivalent 5,561,010 JPY which is calculated by 1 US$ /78 JPY. The
total income in 2013 is 7,221,843JPY (92,588 US$) which is 5,561,010 JPY ofannual due and 1,660,833 JPY (21,293 US$) of the amount of carryover from2012.
The estimated expenditure will be 5,877,200 JPY (75,349 US$). It will be 766,232
JPY (9,823 US$) less than 2012. The main expenditures will be 2,000,000 JPY
for the meeting, 1,000,000 JPY for Project Cost.
The travel fee will be estimated 2,100,000 JPY which includes for theparticipation in WSMI Board of Directors Meeting in Florida (March) and Lisbon(June). Other expenditure is less than or same as 2012 estimated account.
In 2013, the expenditure will be 316,190 JPY (4,054 US$) over than the income ofmember’s annual due a year. Finally, 1,344,643 JPY (17,239 US$) will be carriedover to 2014.
S. G. reported the financial condition would be well in 2013.

The Board noted the Proposed Budget for 2013 with approval.
Annual Due in 2013
S. G. explained the principle of APSMI annual due.
The principle of annual due is below
1.

Shared the cost of APSMI activities by each members

2.

The rule of contribution in Finance is based on market size
Association member
Equivalent of 50% WSMI annual fee in previous year
Corporate member
US$ 3,000

The Board agreed each member’s annual due in 2013 as same as in 2012.
However, ASPMI secretariat will continue to discuss with CNMA and TSMIA
about the more contribution of the finance in 2013.

6. Announcement
1) 3rd APSMI Board of Directors Meeting in 2013
S. G. reported that the 3rd APSMI Board of Directors Meeting in 2013 would
be discussed with Chairperson continuously. After decision, S.G. will
announce the venue and date to members immediately.

The Board noted the report.
2) 2nd APSMI General Assembly Meeting
Ms. Malinee Uditananda, President of TSMIA, gave the short introduction ofTSMIA and its activities.
TSMIA is considering to organize the 2nd APSMI General Assembly Meetingwith 10th WSMI AP Regional Conference in 2014.
TSMIA is the first candidate for the host association.

The Board noted the report and look forward to future advice from TSMIA.

7. Topics from member association

From JSMI, Mr. Yoshihiro Miwa reported on the establishment of Japan
Federation of Self-Medication Industry (JFSMI) in Japan, July 2011.
JSMI and other four national organizations gathered to establish JFSMI.
JFSMI works with member associations to voice over to the Ministry of Health,Labour and Welfare, and other national authorities. Also, JFSMI works out toaddress the common issues within the member associations, and to find out thesolutions together.

The Board noted the report.

8. Any Other Business
S. G. announced that APSMI secretariat would move to below address inDecember. More details, e.g. new telephone number etc. would be announced
immediately after the confirmation.
New Address
4th Floor, Itopia Iwamotocho 1 Cho-me bldg,
8-15, 1 Cho-me, Iwamotocho, Chiyoda-ku, Tokyo, Japan.

9. Meeting close / Closing address (Vice-Chairperson, Ms. Eun Sun Kim)
Vice-Chairperson Ms. Kim gave the closing address.
The meeting closed at 12:20.

AppendixPresentation Slides in the Board of Directors MeetingTable 1

Statement of Account in 2012
US$1=JPY77
IncomeItem
Annual Due
Carry OverInterest etc.
Total
Exchange Rate

BudgetNote

US$71,295

1US$

Actual Difference
JPY
JPY
5,489,715 5,532,872
43,157
1,594,858 2,890,608 1,295,750
785
785
7,084,573 8,424,265 1,339,692
77JPY 77.6JPY

Expenditure(Estimate)
Item
Note
Office Rental
Telephone &Tele & IT Using Fee etc
Postage Teleconference
Postage Charge
SubtotalInternet
Equipments
Web HP
Supporting Fee
Equipment
Seal, Stanp, Name Plate etc
Stationery
Consumable
Tonaer etc.
Printing
Business Card
Envelope, Letter Paper
OthersSubtotal
Travel Fee
WSMI, KPMA, PhAMA etc
Transportation Shipping Charge
Miscellaneous Bank Charge
Meeting Fee
APSMI Board Meeting (Oct.)APSMI GAM (OCT.)
Subtotal
Project Cost
Printing
OthersSubtotal
Total Expenditure
Amount of Carry Over
Total
Paid by Sept.
Will pay after Oct.

1US$=77.6JPY
Budget360,000
100,000
100,000
10,000210,000
5,000
50,00020,00015,00050,0008,400
050,00058,4002,350,000
0
7,000
1,000,000
1,000,000
2,000,000
1,000,000
500,000
1,500,000
6,625,400
459,173
7,084,573

Estimate
360,000163,683
12,9694,570
181,2220
100,000
20,0008,543
24,83024,200300,000
20,000344,200
2,071,587
150,000
3,050
1,000,000
1,000,000
2,000,000
1,000,000
500,000
1,500,000
6,763,432
1,660,833
8,424,265

JPY
Paid

Will Pay
0 360,000
128,683
35,0002,969
10,0001,570
3,000
133,22248,00000
0100,000
0
20,000
3,543
5,000
4,830
20,000
4,200
20,0000300,000
0
20,0004,200
340,000
1,901,587
170,0000
150,000
1,050
2,000
0 1,000,000
0 1,000,000
0 2,000,000
0 1,000,000
0500,000
0 1,500,000
2,048,432 4,715,000

US$
Differnce
0

4,639-28,778-5,00050,0000-6,457-25,170
15,800300,000
30,000285,800-278,413
150,000-3,950

2,335
0
1,289
258
110
320

4,436
26,696
1,933
390

25,7730
138,032
1,201,660
1,339,692

19,33087,15821,402
108,560

Table 2

Budget in 2013
1US$=78JPY
IncomeItem
Annnual Due
Carry OverInterest etc.
合計
Expenditure

Note

JPY
US$2013
Budget in 2013 Estimate in 2012 Difference
71,2955,561,010
5,532,872
28,138
1,660,833
2,890,608
785-785
8,424,265 -1,202,422
71,295
7,221,843

1US$=78JPY

JPY
Item
Note
Budget in 2013 Estimate in 2012 Difference
Office Rental
360,000
360,000
0
Telephone &Tele & IT Using Fee
170,000
163,683
6,317
Postage Teleconference
50,00012,96937,031
Postage Charge
10,0004,570
5,430
Subtotal
230,000
181,222
48,778InternetEquipments
5,000
05,000Web HP
Supporting Fee
100,000
100,000
0
Equipments
Seal, Stanp
5,000
20,000-15,000
Stationery
10,0008,543
1,457
Consumable
Tonaer etc.
30,00024,8305,170
Printing
Business Card etc.
4,200
344,200-340,000
Travel Fee
KPMA
100,000TSMIA
180,000
CNMA
100,000
TPMMA
120,000
WSMI（Florida, USA)
600,000
WSMI（Lisbon, June）
700,000
Others300,000
Subtotal
2,100,000
2,071,587
28,413
Transportation Shipping Charge
30,000150,000
Miscellanenous Bank Charge
3,000
3,050
-50
Meeting Fee
Board Meeting
1,000,000
1,000,000
0
Other Meeting
1,000,000
1,000,000
0Subtotal
2,000,000
2,000,000
0Project CostPrinting
500,000
1,000,000-500,000
Others500,000
500,000
0
Subtotal
1,000,000
1,500,000-500,000
Total Expenditure
5,877,200
6,763,432-766,232
Amount Carry Over1,344,643
1,660,833-316,190
Total
7,221,843
8,424,265 -1,202,422

US$
2013
4,615

2,948
64
1,282
64128
385
54

26,923385

25,641
12,821
75,34917,23993,870