Annual report

Period2025-01-01 → 2025-12-31
Filed2026-03-10
StandardIFRS
ConsolidatedYes
Data checks21 of 21 passed
Key figures · 155
MetricValuePeriodScopeSource row
Revenue¥496.8bn2025-01-01 → 2025-12-31Cons.Revenue IFRS
Revenue¥495.6bn2024-01-01 → 2024-12-31Cons.Revenue IFRS
Revenue¥442.2bn2023-01-01 → 2023-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥398.4bn2022-01-01 → 2022-12-31vCons.Revenue IFRS (5-year summary)
Revenue¥352.2bn2021-01-01 → 2021-12-31dCons.Revenue IFRS (5-year summary)
Profit before tax¥87.2bn2025-01-01 → 2025-12-31Cons.Profit loss before tax IFRS
Profit before tax¥83.5bn2024-01-01 → 2024-12-31Cons.Profit loss before tax IFRS
Profit before tax¥97.2bn2023-01-01 → 2023-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥67.6bn2022-01-01 → 2022-12-31vCons.Profit loss before tax IFRS (5-year summary)
Profit before tax¥60.0bn2021-01-01 → 2021-12-31dCons.Profit loss before tax IFRS (5-year summary)
Net income (owners)¥67.0bn2025-01-01 → 2025-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥59.9bn2024-01-01 → 2024-12-31Cons.Profit loss attributable to owners of parent IFRS
Net income (owners)¥81.2bn2023-01-01 → 2023-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥53.6bn2022-01-01 → 2022-12-31vCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income (owners)¥52.3bn2021-01-01 → 2021-12-31dCons.Profit loss attributable to owners of parent IFRS (5-year summary)
Net income¥67.0bn2025-01-01 → 2025-12-31Cons.Profit loss IFRS
Net income¥59.9bn2024-01-01 → 2024-12-31Cons.Profit loss IFRS
Total assets¥1.11Tat 2025-12-31Cons.Assets IFRS
Total assets¥1.07Tat 2024-12-31Cons.Assets IFRS
Total assets¥1.03Tat 2023-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥939.9bnat 2022-12-31vCons.Total assets IFRS (5-year summary)
Total assets¥921.9bnat 2021-12-31dCons.Total assets IFRS (5-year summary)
Total liabilities¥214.5bnat 2025-12-31Cons.Liabilities IFRS
Total liabilities¥216.6bnat 2024-12-31Cons.Liabilities IFRS
Net assets / equity¥893.3bnat 2025-12-31Cons.Equity IFRS
Net assets / equity¥850.8bnat 2024-12-31Cons.Equity IFRS
Net assets / equity¥836.4bnat 2023-12-31vCons.Equity IFRS
Equity (owners)¥893.3bnat 2025-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥850.8bnat 2024-12-31Cons.Equity attributable to owners of parent IFRS
Equity (owners)¥836.4bnat 2023-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥762.8bnat 2022-12-31vCons.Equity attributable to owners of parent IFRS (5-year summary)
Equity (owners)¥737.2bnat 2021-12-31dCons.Equity attributable to owners of parent IFRS (5-year summary)
Cash & equivalents¥218.8bnat 2025-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥244.7bnat 2024-12-31Cons.Cash and cash equivalents IFRS
Cash & equivalents¥403.1bnat 2023-12-31vCons.Cash and cash equivalents IFRS
Cash & equivalents¥339.2bnat 2022-12-31vCons.Cash and cash equivalents IFRS (5-year summary)
Cash & equivalents¥335.1bnat 2021-12-31dCons.Cash and cash equivalents IFRS (5-year summary)
Operating cash flow¥96.6bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥67.9bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in operating activities IFRS
Operating cash flow¥115.6bn2023-01-01 → 2023-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥48.7bn2022-01-01 → 2022-12-31vCons.Cash flows from used in operating activities IFRS (5-year summary)
Operating cash flow¥86.5bn2021-01-01 → 2021-12-31dCons.Cash flows from used in operating activities IFRS (5-year summary)
Investing cash flow−¥89.2bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥142.4bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in investing activities IFRS
Investing cash flow−¥20.4bn2023-01-01 → 2023-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥17.2bn2022-01-01 → 2022-12-31vCons.Cash flows from used in investing activities IFRS (5-year summary)
Investing cash flow−¥11.4bn2021-01-01 → 2021-12-31dCons.Cash flows from used in investing activities IFRS (5-year summary)
Financing cash flow−¥36.9bn2025-01-01 → 2025-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥84.7bn2024-01-01 → 2024-12-31Cons.Net cash provided by used in financing activities IFRS
Financing cash flow−¥32.5bn2023-01-01 → 2023-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥29.0bn2022-01-01 → 2022-12-31vCons.Cash flows from used in financing activities IFRS (5-year summary)
Financing cash flow−¥28.4bn2021-01-01 → 2021-12-31dCons.Cash flows from used in financing activities IFRS (5-year summary)
EPS (basic)¥128.072025-01-01 → 2025-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥113.062024-01-01 → 2024-12-31Cons.Basic earnings loss per share IFRS
EPS (basic)¥151.032023-01-01 → 2023-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥99.682022-01-01 → 2022-12-31vCons.Basic earnings loss per share IFRS (5-year summary)
EPS (basic)¥97.432021-01-01 → 2021-12-31dCons.Basic earnings loss per share IFRS (5-year summary)
EPS (diluted)¥128.072025-01-01 → 2025-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥113.062024-01-01 → 2024-12-31Cons.Diluted earnings loss per share IFRS
EPS (diluted)¥151.012023-01-01 → 2023-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥99.662022-01-01 → 2022-12-31vCons.Diluted earnings loss per share IFRS (5-year summary)
EPS (diluted)¥97.392021-01-01 → 2021-12-31dCons.Diluted earnings loss per share IFRS (5-year summary)
Net assets per share¥1,706.5at 2025-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,625.68at 2024-12-31Cons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,555.81at 2023-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,419.27at 2022-12-31vCons.Equity to asset ratio IFRS (5-year summary)
Net assets per share¥1,371.9at 2021-12-31dCons.Equity to asset ratio IFRS (5-year summary)
Equity ratio80.6%at 2025-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio79.7%at 2024-12-31Cons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio81.5%at 2023-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio81.2%at 2022-12-31vCons.Ratio of owners equity to gross assets IFRS (5-year summary)
Equity ratio80.0%at 2021-12-31dCons.Ratio of owners equity to gross assets IFRS (5-year summary)
ROE7.7%2025-01-01 → 2025-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE7.1%2024-01-01 → 2024-12-31Cons.Rate of return on equity IFRS (5-year summary)
ROE10.2%2023-01-01 → 2023-12-31vCons.Rate of return on equity IFRS (5-year summary)
ROE7.1%2022-01-01 → 2022-12-31vCons.Rate of return on equity IFRS (5-year summary)
ROE7.3%2021-01-01 → 2021-12-31dCons.Rate of return on equity IFRS (5-year summary)
Employees5,161at 2025-12-31Cons.Number of employees
Employees5,669at 2024-12-31Cons.Number of employees
Employees5,974at 2023-12-31vCons.Number of employees
Employees5,982at 2022-12-31vCons.Number of employees
Employees5,752at 2021-12-31dCons.Number of employees
Revenue¥297.3bn2025-01-01 → 2025-12-31StandaloneNet sales
Revenue¥286.5bn2024-01-01 → 2024-12-31StandaloneNet sales
Revenue¥277.2bn2023-01-01 → 2023-12-31vStandaloneNet sales (5-year summary)
Revenue¥253.8bn2022-01-01 → 2022-12-31vStandaloneNet sales (5-year summary)
Revenue¥237.6bn2021-01-01 → 2021-12-31dStandaloneNet sales (5-year summary)
Operating income¥60.0bn2025-01-01 → 2025-12-31StandaloneOperating income
Operating income−¥4.6bn2024-01-01 → 2024-12-31StandaloneOperating income
Ordinary income¥56.9bn2025-01-01 → 2025-12-31StandaloneOrdinary income
Ordinary income¥68.6bn2024-01-01 → 2024-12-31StandaloneOrdinary income
Ordinary income¥67.2bn2023-01-01 → 2023-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥37.3bn2022-01-01 → 2022-12-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥35.2bn2021-01-01 → 2021-12-31dStandaloneOrdinary income loss (5-year summary)
Profit before tax¥42.3bn2025-01-01 → 2025-12-31StandaloneIncome before income taxes
Profit before tax¥54.4bn2024-01-01 → 2024-12-31StandaloneIncome before income taxes
Net income¥32.4bn2025-01-01 → 2025-12-31StandaloneProfit loss
Net income¥60.7bn2024-01-01 → 2024-12-31StandaloneProfit loss
Net income¥50.4bn2023-01-01 → 2023-12-31vStandaloneNet income loss (5-year summary)
Net income¥31.0bn2022-01-01 → 2022-12-31vStandaloneNet income loss (5-year summary)
Net income¥66.4bn2021-01-01 → 2021-12-31dStandaloneNet income loss (5-year summary)
Total assets¥808.5bnat 2025-12-31StandaloneAssets
Total assets¥797.9bnat 2024-12-31StandaloneAssets
Total assets¥869.6bnat 2023-12-31vStandaloneTotal assets (5-year summary)
Total assets¥806.1bnat 2022-12-31vStandaloneTotal assets (5-year summary)
Total assets¥794.1bnat 2021-12-31dStandaloneTotal assets (5-year summary)
Total liabilities¥193.6bnat 2025-12-31StandaloneLiabilities
Total liabilities¥184.9bnat 2024-12-31StandaloneLiabilities
Net assets / equity¥614.9bnat 2025-12-31StandaloneNet assets
Net assets / equity¥613.0bnat 2024-12-31StandaloneNet assets
Net assets / equity¥622.7bnat 2023-12-31vStandaloneNet assets
Net assets / equity¥601.9bnat 2022-12-31vStandaloneNet assets (5-year summary)
Net assets / equity¥596.9bnat 2021-12-31dStandaloneNet assets (5-year summary)
Cash and deposits¥7.9bnat 2025-12-31StandaloneCash and deposits
Cash and deposits¥15.7bnat 2024-12-31StandaloneCash and deposits
EPS (basic)¥61.972025-01-01 → 2025-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥114.572024-01-01 → 2024-12-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥93.72023-01-01 → 2023-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥57.772022-01-01 → 2022-12-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥123.522021-01-01 → 2021-12-31dStandaloneBasic earnings loss per share (5-year summary)
EPS (diluted)¥61.972025-01-01 → 2025-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥114.572024-01-01 → 2024-12-31StandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥93.692023-01-01 → 2023-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥57.752022-01-01 → 2022-12-31vStandaloneDiluted earnings per share (5-year summary)
EPS (diluted)¥123.472021-01-01 → 2021-12-31dStandaloneDiluted earnings per share (5-year summary)
Dividend per share¥622025-01-01 → 2025-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥582024-01-01 → 2024-12-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥562023-01-01 → 2023-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥512022-01-01 → 2022-12-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥462021-01-01 → 2021-12-31dStandaloneDividend paid per share (5-year summary)
Net assets per share¥1,174.53at 2025-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,171.3at 2024-12-31StandaloneNet assets per share (5-year summary)
Net assets per share¥1,158.1at 2023-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,119.48at 2022-12-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥1,110.13at 2021-12-31dStandaloneNet assets per share (5-year summary)
Equity ratio76.1%at 2025-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio76.8%at 2024-12-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio71.6%at 2023-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio74.6%at 2022-12-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio75.1%at 2021-12-31dStandaloneEquity to asset ratio (5-year summary)
ROE5.3%2025-01-01 → 2025-12-31StandaloneRate of return on equity (5-year summary)
ROE9.8%2024-01-01 → 2024-12-31StandaloneRate of return on equity (5-year summary)
ROE8.2%2023-01-01 → 2023-12-31vStandaloneRate of return on equity (5-year summary)
ROE5.2%2022-01-01 → 2022-12-31vStandaloneRate of return on equity (5-year summary)
ROE11.1%2021-01-01 → 2021-12-31dStandaloneRate of return on equity (5-year summary)
Shares issued525,634,500at 2025-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued525,634,500at 2024-12-31StandaloneTotal number of issued shares (5-year summary)
Shares issued540,000,000at 2023-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued540,000,000at 2022-12-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued540,000,000at 2021-12-31dStandaloneTotal number of issued shares (5-year summary)
Employees3,503at 2025-12-31StandaloneNumber of employees
Employees4,013at 2024-12-31StandaloneNumber of employees
Employees4,082at 2023-12-31vStandaloneNumber of employees
Employees4,002at 2022-12-31vStandaloneNumber of employees
Employees3,857at 2021-12-31dStandaloneNumber of employees

Periods use the dates stated in the filing. d = earlier-year period dated by calendar; v = that date confirmed by the company's own earlier filing.

Segments · 2
SegmentItemPeriodValue
Pharmaceuticalsreportable segmentemployeesat 2025-12-315161 pure
Pharmaceuticalsreportable segmentemployeesat 2025-12-313503 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,910
ItemContextValueUnit
Marketing rights acquisition cost IFRSCurrentYearInstant202168000000JPY
Other components of intangible assets acquisition cost IFRSCurrentYearInstant19411000000JPY
Intangible assets acquisition cost IFRSCurrentYearInstant302604000000JPY
Goodwill accumulated impairment losses IFRSPrior1YearInstant-JPY
In process research and development accumulated amortization and impairment losses IFRSPrior1YearInstant-10133000000JPY
Marketing rights accumulated amortization and impairment losses IFRSPrior1YearInstant-96692000000JPY
Other components of intangible assets accumulated amortization and impairment losses IFRSPrior1YearInstant-9688000000JPY
Intangible assets accumulated amortization and impairment losses IFRSPrior1YearInstant-116514000000JPY
Goodwill accumulated impairment losses IFRSCurrentYearInstant-JPY
In process research and development accumulated amortization and impairment losses IFRSCurrentYearInstant-1797000000JPY
Marketing rights accumulated amortization and impairment losses IFRSCurrentYearInstant-86512000000JPY
Other components of intangible assets accumulated amortization and impairment losses IFRSCurrentYearInstant-12879000000JPY
Intangible assets accumulated amortization and impairment losses IFRSCurrentYearInstant-101189000000JPY
Raw materials and supplies ca IFRSPrior1YearInstant14244000000JPY
Raw materials and supplies ca IFRSCurrentYearInstant12017000000JPY
Work in process ca IFRSPrior1YearInstant11271000000JPY
Work in process ca IFRSCurrentYearInstant15081000000JPY
Merchandise and finished goods ca IFRSPrior1YearInstant47417000000JPY
Merchandise and finished goods ca IFRSCurrentYearInstant40342000000JPY
Inventories ca IFRSPrior1YearInstant72933000000JPY
Inventories ca IFRSCurrentYearInstant67440000000JPY
Employee benefit expenses sga IFRSPrior1YearDuration84037000000JPY
Employee benefit expenses sga IFRSCurrentYearDuration80135000000JPY
Sales promotion expenses IFRSPrior1YearDuration18257000000JPY
Sales promotion expenses IFRSCurrentYearDuration16639000000JPY
Depreciation and amortization sga IFRSPrior1YearDuration11730000000JPY
Depreciation and amortization sga IFRSCurrentYearDuration12539000000JPY
Other sga IFRSPrior1YearDuration53513000000JPY
Other sga IFRSCurrentYearDuration56121000000JPY
Selling general and administrative expenses IFRSPrior1YearDuration167537000000JPY
Selling general and administrative expenses IFRSCurrentYearDuration165434000000JPY
Rental income2 IFRSPrior1YearDuration620000000JPY
Rental income2 IFRSCurrentYearDuration551000000JPY
Gain on sale of fixed assets IFRSPrior1YearDuration2460000000JPY
Gain on sale of fixed assets IFRSCurrentYearDuration140000000JPY
Gain on sales of share and valuation of remaining share other income IFRSPrior1YearDuration7372000000JPY
Gain on sales of share and valuation of remaining share other income IFRSCurrentYearDuration-JPY
Gain on reversal of provision for compensation losses other revenue IFRSPrior1YearDuration1482000000JPY
Gain on reversal of provision for compensation losses other revenue IFRSCurrentYearDuration-JPY
Other other income IFRSPrior1YearDuration1168000000JPY
Other other income IFRSCurrentYearDuration395000000JPY
Other income IFRSPrior1YearDuration13102000000JPY
Other income IFRSCurrentYearDuration1086000000JPY
Business structure improvement expenses IFRSPrior1YearDuration12921000000JPY
Business structure improvement expenses IFRSCurrentYearDuration10904000000JPY
Impairment losses pl IFRSPrior1YearDuration2060000000JPY
Impairment losses pl IFRSCurrentYearDuration2778000000JPY
Contract loss other expenses IFRSPrior1YearDuration1407000000JPY
Contract loss other expenses IFRSCurrentYearDuration2428000000JPY
Provision for contract loss other expenses IFRSPrior1YearDuration1555000000JPY

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 21 of 21 passed
balance sheet identityconsolidated 2024-12-31pass rounding
balance sheet identityconsolidated 2025-12-31pass
balance sheet identitynon_consolidated 2024-12-31pass
balance sheet identitynon_consolidated 2025-12-31pass
dei present pass
period resolution pass
statement vs summary · net assetsnon_consolidated 2023-12-31pass
statement vs summary · net assetsnon_consolidated 2024-12-31pass
statement vs summary · net assetsnon_consolidated 2025-12-31pass
statement vs summary · net income attributable to parentconsolidated 2024-01-01/2024-12-31pass
statement vs summary · net income attributable to parentconsolidated 2025-01-01/2025-12-31pass
statement vs summary · operating cash flowconsolidated 2024-01-01/2024-12-31pass
statement vs summary · operating cash flowconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenueconsolidated 2024-01-01/2024-12-31pass
statement vs summary · revenueconsolidated 2025-01-01/2025-12-31pass
statement vs summary · revenuenon_consolidated 2024-01-01/2024-12-31pass
statement vs summary · revenuenon_consolidated 2025-01-01/2025-12-31pass
statement vs summary · total assetsconsolidated 2024-12-31pass
statement vs summary · total assetsconsolidated 2025-12-31pass
statement vs summary · total assetsnon_consolidated 2024-12-31pass
statement vs summary · total assetsnon_consolidated 2025-12-31pass