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DAIICHI SANKYO shares fall to 4-year low on earnings announcement delay

Fri Apr 24, 2026 10:58 am JST Catalyst

DAIICHI SANKYO COMPANY, LIMITED <4568> fell sharply for the fourth consecutive day, dropping to its lowest level since March 2022, approximately four years and one month ago. Before the market opened on the 24th, the company announced a change in its earnings announcement date. The fiscal year ending March 2026 results, previously scheduled for release on the 27th, have been postponed to May 11. The company is reviewing supply plans for its oncology product portfolio and pipeline candidates in light of rapid changes in the business environment, and as a result, additional consideration is required to estimate the amount of loss compensation reserves related to contracts with contract manufacturing organizations. This development has raised uncertainty regarding the company's business performance, leading to dominant selling pressure. The company's medium-term management plan, initially scheduled for announcement on May 19, will now be released on the 11th, the same day as the earnings announcement.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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