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DAIICHI SANKYO, Net Income Forecast for the Fiscal Year Revised Downward to an Unexpected 3% Decrease

Fri Oct 31, 2025 1:00 pm JST Earnings

4568 DAIICHI SANKYO COMPANY, LIMITED 【IFRS】

Earnings Report

DAIICHI SANKYO COMPANY, LIMITED <4568> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on October 31st (13:00). The consolidated net income for the cumulative second quarter of the fiscal year ending March 2026 (April to September) decreased 10.8% from the same period last year to 130 billion yen.

In addition, the full-year forecast for consolidated net income has decreased 4.0%, from the previous forecast of 300 billion yen to 288 billion yen (compared to 295 billion yen in the previous period). This changes the outlook from an anticipated profit increase to a projection of a 2.6% decrease in profit.

Based on the first-half performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the October to March period (second half) is expected to grow 5.4% from the same period last year, reaching 157 billion yen.

In the most recent three-month period, from July to September (2Q), the consolidated net income decreased to 45.3 billion yen, a 26.1% decrease compared to the same period last year. The operating profit margin sharply declined from 21.0% in the same period last year to 9.5%.

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Actual Results

Accumulated Results 2nd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Sep, 2023 726,344 95,063 102,097 97,006 50.6 43.0 Oct 31, 2023 IFRS
Apr - Sep, 2024 882,727 186,900 192,586 146,675 76.8 54.2 Oct 31, 2024 IFRS
Apr - Sep, 2025 975,353 144,237 163,217 130,814 70.6 46.0 Oct 31, 2025 IFRS
YoY +10.5% -22.8% -15.2% -10.8% -8.2%

First Half Results vs. Previous Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Apr - Sep, 2025 Guidance ー ー ー ー － 39 Apr 25, 2025 IFRS
Apr - Sep, 2025 Results 975,353 144,237 163,217 130,814 70.6 39 Oct 31, 2025 IFRS
Revision Rate － － － － －

Guidance Update

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 2,000,000 350,000 370,000 300,000 162.1 78 Apr 25, 2025 IFRS
Mar, 2026 New 2,100,000 335,000 355,000 288,000 155.6 78 Oct 31, 2025 IFRS
Revision Rate +5.0% -4.3% -4.1% -4.0% -4.0%

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 1,003,529 145,025 163,045 149,081 78.6 30 Apr 25, 2025 IFRS
Oct - Mar, 2025 Guidance 1,124,647 190,763 191,783 157,186 84.9 39 Oct 31, 2025 IFRS
YoY +12.1% +31.5% +17.6% +5.4% +8.0%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 1,601,688 211,588 237,234 200,731 104.7 50 Apr 25, 2024 IFRS
Mar, 2025 1,886,256 331,925 355,631 295,756 156.0 60 Apr 25, 2025 IFRS
Mar, 2026 Guidance 2,100,000 335,000 355,000 288,000 155.6 78 Oct 31, 2025 IFRS
YoY +11.3% +0.9% -0.2% -2.6% -0.2%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Jul - Sep, 2024 446,552 93,921 82,388 61,292 32.1 21.0 Oct 31, 2024 IFRS
Oct - Dec, 2024 484,840 61,411 82,414 61,928 32.6 12.7 Jan 31, 2025 IFRS
Jan - Mar, 2025 518,689 83,614 80,631 87,153 46.0 16.1 Apr 25, 2025 IFRS
Apr - Jun, 2025 474,597 96,711 105,442 85,500 46.0 20.4 Jul 31, 2025 IFRS
Jul - Sep, 2025 500,756 47,526 57,775 45,314 24.4 9.5 Oct 31, 2025 IFRS
YoY +12.1% -49.4% -29.9% -26.1% -23.9%

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