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Japan Q3 Roundup: Forex Impacts Majors Amid New Product Growth Expectations

Leadership Changes Also Announced

 
• By Lisa Takagi

Amid ongoing impact from exchange rates, Japan's five largest pharma firms showed mostly positive growth in the fiscal nine-month period. Enhertu will continue to drive Daiichi Sankyo, while Shionogi is forecasting record-breaking revenue on oral COVID-19 drug Xocova and Eisai is rolling out closely-watched Alzheimer's contender Leqembi.

Weaker forex rate of JPY still impacted all five pharmaceutical firms.
Weaker yen impacted Japan's top pharma firms in Q3 but mainstays strong • Source: Shutterstock

While fluctuations in the yen exchange rate impacted revenue and costs in both positive and negative ways for major Japanese pharma companies in the quarter ended 31 December, Chugai Pharmaceutical Co., Ltd., Daiichi Sankyo Co., Ltd., Shionogi & Co. Ltd. and Astellas Pharma, Inc. all logged positive revenue growth on the back of mainstay products.

Although Eisai Co., Ltd

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