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Otsuka Holdings surges in afternoon trading on 15.7% net profit increase for January-March
Otsuka Holdings Co., Ltd. <4578> surged in the afternoon session on April 28 after reporting solid first-quarter results for the fiscal year ending December 2026. For the January-March period, revenue reached 630.3 billion yen (up 8.2% year-on-year), while net profit climbed 15.7% to 98.3 billion yen. The strong performance was driven by robust global product sales and royalty income within the healthcare division, complemented by steady growth in the nutraceuticals business. Beyond core operations, Otsuka Holdings also benefitted from improved financial efficiency, reporting higher financial income and a reduction in financial expenses. This broad-based profit growth sparked significant buying interest, as investors reacted positively to the firm's stable earnings momentum.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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