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Eisai, Apr-Dec (Cumulative 3Q) Net Income Decreases by 8%, Exceeds Full-Year Plan
4523 Eisai Co., Ltd. 【IFRS】
Earnings ReportEisai Co., Ltd. <4523> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 9th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 8.1% from the same period last year to 41.8 billion yen. However, Progress toward the full-year plan of 41.5 billion yen is 100.7%, already exceeding the target and also exceeding the five-year average of 94.1%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income/loss for the January to March period (4Q) is expected to turn into a loss of 0.30 billion yen (compared to a profit of 0.94 billion yen in the same period last year). However, if the fourth-quarter performance remains at the same level as the first three quarters, the full-year plan may be increased.
In the most recent three-month period, from October to December (3Q), the consolidated net income decreased to 17.1 billion yen, a 27.8% decrease compared to the same period last year. The operating profit margin decreased from 12.8% in the same period last year to 9.1%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 551,255 | 37,537 | 43,690 | 29,098 | 101.5 | 70.7 | Feb 6, 2024 | IFRS |
| Apr - Dec, 2024 | 601,164 | 55,402 | 61,086 | 45,484 | 160.1 | 100.0 | Feb 7, 2025 | IFRS |
| Apr - Dec, 2025 | 619,950 | 54,452 | 58,938 | 41,808 | 148.3 | 99.9 | Feb 9, 2026 | IFRS |
| YoY | +3.1% | -1.7% | -3.5% | -8.1% | -7.4% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 404,377 | 26,541 | 29,530 | 24,739 | 87.3 | 80 | May 15, 2025 | IFRS |
| Oct - Mar, 2025 Guidance | 389,987 | 20,082 | 22,064 | 16,870 | 59.8 | 80 | Nov 5, 2025 | IFRS |
| YoY | -3.6% | -24.3% | -25.3% | -31.8% | -31.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 741,751 | 53,408 | 61,823 | 42,406 | 147.9 | 160 | May 15, 2024 | IFRS |
| Mar, 2025 | 789,400 | 54,378 | 61,065 | 46,432 | 163.8 | 160 | May 15, 2025 | IFRS |
| Mar, 2026 Guidance | 790,000 | 54,500 | 59,000 | 41,500 | 147.1 | 160 | May 15, 2025 | IFRS |
| YoY | +0.1% | +0.2% | -3.4% | -10.6% | -10.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 216,141 | 27,565 | 29,551 | 23,791 | 83.8 | 12.8 | Feb 7, 2025 | IFRS |
| Jan - Mar, 2025 | 188,236 | -1,024 | -21 | 948 | 3.3 | -0.5 | May 15, 2025 | IFRS |
| Apr - Jun, 2025 | 202,651 | 20,744 | 22,404 | 14,474 | 51.4 | 10.2 | Aug 5, 2025 | IFRS |
| Jul - Sep, 2025 | 197,362 | 13,674 | 14,532 | 10,156 | 36.0 | 6.9 | Nov 5, 2025 | IFRS |
| Oct - Dec, 2025 | 219,937 | 20,034 | 22,002 | 17,178 | 60.9 | 9.1 | Feb 9, 2026 | IFRS |
| YoY | +1.8% | -27.3% | -25.5% | -27.8% | -27.2% |
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