Major Japanese firms including Astellas, Shionogi and Daiichi Sankyo showed generally solid results with positive sales and mainstay growth in the fiscal year ended 31 March, as did Chugai in its first quarter, although the figures saw ongoing impact from forex on both sales (positive) and costs (negative).
Japan Results Round-Up: Astellas, Daiichi Sankyo, Chugai Solid, Shionogi Hits New Heights
Eisai Revenue Slips
Amid positive ongoing forex impact, Astellas, Shionogi and Daiichi Sankyo logged solid fiscal years and Chugai has good growth in its first quarter, although some of the majors are expecting a decline in sales as demand due to COVID-19 wanes. Even so, Shionogi logged record results on the back on government procurement of its pandemic antiviral.
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