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
Provision for contract loss other expenses IFRSCurrentYearDuration122000000JPY
Other other expenses IFRSPrior1YearDuration1343000000JPY
Other other expenses IFRSCurrentYearDuration1763000000JPY
Other expenses IFRSPrior1YearDuration19286000000JPY
Other expenses IFRSCurrentYearDuration17994000000JPY
Interest income IFRSPrior1YearDuration1543000000JPY
Interest income IFRSCurrentYearDuration2414000000JPY
Gain on valuation of derivatives IFRSPrior1YearDuration-JPY
Gain on valuation of derivatives IFRSCurrentYearDuration1605000000JPY
Dividend income IFRSPrior1YearDuration223000000JPY
Dividend income IFRSCurrentYearDuration690000000JPY
Other finance income IFRSPrior1YearDuration5000000JPY
Other finance income IFRSCurrentYearDuration3000000JPY
Finance income IFRSPrior1YearDuration1770000000JPY
Finance income IFRSCurrentYearDuration4711000000JPY
Foreign exchange loss IFRSPrior1YearDuration783000000JPY
Foreign exchange loss IFRSCurrentYearDuration2105000000JPY
Interest expenses IFRSPrior1YearDuration610000000JPY
Interest expenses IFRSCurrentYearDuration500000000JPY
Loss on valuation of derivatives IFRSPrior1YearDuration6046000000JPY
Loss on valuation of derivatives IFRSCurrentYearDuration-JPY
Other finance costs IFRSPrior1YearDuration99000000JPY
Other finance costs IFRSCurrentYearDuration1039000000JPY
Finance costs IFRSPrior1YearDuration7538000000JPY
Finance costs IFRSCurrentYearDuration3644000000JPY
Cash and depositsPrior1YearInstant_NonConsolidatedMember15715000000JPY
Cash and depositsCurrentYearInstant_NonConsolidatedMember7925000000JPY
Accounts receivable tradePrior1YearInstant_NonConsolidatedMember73179000000JPY
Accounts receivable tradeCurrentYearInstant_NonConsolidatedMember106048000000JPY
Merchandise and finished goodsPrior1YearInstant_NonConsolidatedMember46265000000JPY
Merchandise and finished goodsCurrentYearInstant_NonConsolidatedMember36610000000JPY
Work in processPrior1YearInstant_NonConsolidatedMember9591000000JPY
Work in processCurrentYearInstant_NonConsolidatedMember12087000000JPY
Raw materials and suppliesPrior1YearInstant_NonConsolidatedMember14201000000JPY
Raw materials and suppliesCurrentYearInstant_NonConsolidatedMember11964000000JPY
Short term loans receivable to subsidiaries and affiliatesPrior1YearInstant_NonConsolidatedMember301871000000JPY
Short term loans receivable to subsidiaries and affiliatesCurrentYearInstant_NonConsolidatedMember237514000000JPY
Other caPrior1YearInstant_NonConsolidatedMember21280000000JPY
Other caCurrentYearInstant_NonConsolidatedMember20071000000JPY
Current assetsPrior1YearInstant_NonConsolidatedMember482103000000JPY
Current assetsCurrentYearInstant_NonConsolidatedMember432220000000JPY
Buildings netPrior1YearInstant_NonConsolidatedMember37842000000JPY
Buildings netCurrentYearInstant_NonConsolidatedMember38941000000JPY
Structures netPrior1YearInstant_NonConsolidatedMember2947000000JPY
Structures netCurrentYearInstant_NonConsolidatedMember3031000000JPY
Machinery and equipment netPrior1YearInstant_NonConsolidatedMember10565000000JPY
Machinery and equipment netCurrentYearInstant_NonConsolidatedMember12792000000JPY
Tools furniture and fixtures netPrior1YearInstant_NonConsolidatedMember9275000000JPY
Tools furniture and fixtures netCurrentYearInstant_NonConsolidatedMember9765000000JPY
LandPrior1YearInstant_NonConsolidatedMember4623000000JPY

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